889 Francisco Street 2503, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 2 bath
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889 Francisco Street 2503
Los Angeles, California 90017
ACTIVE
CONDITION: EXCELLENT
1Beds
2Baths
977Sq Ft
98,939Lot Size
Property Price
LIST PRICE$875,000
EST. MARKET VALUE
$827,257
5% AboveMARKET VALUE
SUMMARY
This Luxury High-Rise Condominium represents a Strong Value Opportunity, listed at $875,000—positioned well above the $827,257 Fair Market Value by 5%. While currently priced above the estimated market value, the unit features a Mint Condition Rating and rare assets including two parking spaces and a private storage unit. Residents enjoy a 41,000 sq ft clubhouse, resort-style pool, and panoramic city skyline views from the 25th floor. This property is an ideal acquisition for Urban Professionals or Owner-Occupants seeking a premium, turnkey lifestyle in the heart of Downtown LA.
Estimated Market Value
$827,257
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 889 Francisco Street 2503 Subject | $875,000* List Price | 1 | 2 | 977 | $847 | - |
A 877 Francisco Street 2002 Sold | $730,000 | 1 | 2 | 823 | $887 | 0.1 mi |
B 877 Francisco Street 2707 Sold | $750,000 | 1 | 1 | 870 | $862 | 0.1 mi |
C 1100 Wilshire Boulevard 2911 Sold | $758,000 | 2 | 1 | 1,140 | $665 | 0.3 mi |
D 877 Francisco Street 1516 Active | $775,000 List Price | 1 | 2 | 975 | $795 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2017, this property is less than 10 years old and remains in mint condition. It features high-end Bosch appliances, modern hardwood flooring, and contemporary HVAC/electrical systems typical of a luxury high-rise.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Corner Positioning
Situated on the 25th floor, this South East corner unit offers expansive multi-directional views and superior natural light compared to standard mid-floor units in the building.
- Rare Parking and Storage Assets
The inclusion of two dedicated parking spaces and a private storage unit provides a significant competitive advantage, as these are rarely allocated to one-bedroom floor plans in Downtown LA.
- Comprehensive Amenity Package
Residents benefit from a massive 41,000 sq ft clubhouse and resort-style facilities, with the added convenience of water, gas, and high-speed internet included in the monthly fees.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 977, other record living area = 920.
- Significant Value Depreciation
The current list price of $875,000 represents a substantial decline from its 2017 sale price of $1.148M, indicating a challenging resale market and loss of equity for the asset.
- Extended Market Stagnation
With 134 days on the market and a recent price reduction, the property is struggling with liquidity, likely due to high monthly carrying costs and current DTLA market conditions.
About 889 Francisco Street 2503
Metropolis!! The most luxurious condo in heart of Downtown LA. Higher floor unit. 25th floor!! This One bedroom plus Den unit comes with Two parking spaces and storage. South East corner unit with gorgeous views from South East and West. High-end BOSCH appliances Hardwood floors throughout, Walk-in closets, Roller shades, Washer and Dryer in unit. Water, Gas and Internet included. Metro Tower One features unprecedented approx. 41,000 sq ft indoor/outdoor Clubhouse. Grand entrance home through 35,000 sq ft motor court. Amazing amenities includes 24 HR attended lobby, Fitness center with steam room, Yoga studio, Movie theater and resident dinning lounge with catering pantry. Conference and Business center. Resort style outdoor pool & spa. Dog park & Dog walk. Resident has exclusive access and discounts at the Indigo Hotel
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2017
- Lot Size
- 98,939 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $980.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 977 | 1,219.385 |
| Lot Size | 98,939 | 27,236.074 |
| Price | $875.0K | $800.2K |
| Price per sq ft | $896 | $650 |
| Built year | 2017 | 1979 |
| HOA | $980.0 | $685 |
| Days on market | 151 | 72 |
Pricing History
Listed for Sale
Aug 4, 2026
$875,000
$930,000
-6% Price Drop
Initial Listing
Price Change
Apr 11, 2026
$930,000
Initial Listing
Sold
Apr 14, 2017
$1,148,000
Public Record