889 Francisco Street 2611, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 2 bath

889 Francisco Street 2611, Los Angeles, California 90017 home-pic-0
ACTIVE$571,000$890/sqft
889 Francisco Street 2611, Los Angeles, California 90017
1Bed
2Baths
890Sqft
98,939Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Premier Downtown LA Location: Situated in the heart of Downtown Los Angeles's South Park, offering unparalleled access to LA Live, world-class dining, entertainment, and major employment centers.
Top Cons:
Substantial Monthly Association Fees: The association fee of $980.71 per month is considerably high, adding a significant recurring cost to ownership.

Compared to the nearby listings

Price:$571.0K vs avg $525.0K (+$46,000)64%
Size:890 sqft vs avg 851 sqft61%
Price/sqft:$642 vs avg $60861%

More Insights

Built in 2017 (9 years old).
Condition: Built in 2017, this property is only 7 years old, falling well within the 'Excellent' criteria for age. The images confirm a modern, high-end aesthetic throughout, with a sleek kitchen featuring integrated appliances and contemporary cabinetry, and bathrooms with modern vanities, fixtures, and tiling. All components appear new or virtually new, with no signs of wear or deferred maintenance, reflecting current quality standards.
Year Built
2017
Close
-
List price
$571K
Original List price
$571K
Price/Sqft
$642
HOA
$980.71
Days on market
-
Sold On
-
MLS number
26639355
Home ConditionExcellent
Features
Excellent View: City Lights
Pool
Spa
ViewCity Lights

About this home

Located on the 26th floor of the prestigious Metropolis tower, Residence #2611 offers refined high-rise living in the heart of Downtown Los Angeles. This 1-bedroom, 2-bath residence spans approximately 890 square feet and delivers a well-designed layout ideal for both end-users and executive buyers seeking full-service urban living. Built in 2017, Metropolis is known for its modern architecture, resort-style amenities, and prime South Park location. Residents enjoy access to an expansive outdoor podium featuring lushly landscaped terraces, multiple lounge and seating areas, outdoor dining spaces, and barbecue stations designed for both relaxation and entertaining against a dramatic city backdrop. The building offers a true luxury lifestyle with 24-hour concierge and security, a resort-style pool and spa, and thoughtfully designed common areas that rival high-end hospitality environments. Conveniently positioned near LA Live, world-class dining, entertainment, and major employment centers, Metropolis provides a seamless blend of privacy, service, and connectivity. An exceptional opportunity to own within one of Downtown Los Angeles' premier high-rise communities.

J
John Kim
Listing Agent

Price History

Date
Event
Price
10/10/19
Sold
$850,000
Condition Rating
Excellent

Built in 2017, this property is only 7 years old, falling well within the 'Excellent' criteria for age. The images confirm a modern, high-end aesthetic throughout, with a sleek kitchen featuring integrated appliances and contemporary cabinetry, and bathrooms with modern vanities, fixtures, and tiling. All components appear new or virtually new, with no signs of wear or deferred maintenance, reflecting current quality standards.
Pros & Cons

Pros

Premier Downtown LA Location: Situated in the heart of Downtown Los Angeles's South Park, offering unparalleled access to LA Live, world-class dining, entertainment, and major employment centers.
Exceptional Building Amenities: Metropolis provides resort-style living with an expansive outdoor podium, lush terraces, multiple lounges, dining areas, BBQ stations, a pool, spa, and high-end common areas.
Full-Service Luxury Living: Benefits from 24-hour concierge and security services, ensuring privacy, convenience, and a high level of resident support.
Modern Construction & Design: Built in 2017, the residence and building feature modern architecture and a well-designed layout, appealing to contemporary tastes.
Desirable High-Floor City Views & Functional Layout: Located on the 26th floor with city light views, the 890 sqft 1-bedroom, 2-bath layout offers a unique and highly functional living space.

Cons

Substantial Monthly Association Fees: The association fee of $980.71 per month is considerably high, adding a significant recurring cost to ownership.
Significant Price History Discrepancy: The current list price of $571,000 is substantially lower than its previous sale price of $850,000 in 2019, indicating potential depreciation or market challenges.
Limited Bedroom Count for Price Point: Despite its generous square footage and two bathrooms, being a 1-bedroom unit may limit its appeal to a broader buyer demographic, especially considering the luxury price point and high HOA.
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