889 Francisco Street 710, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath
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This High-Potential Investment Opportunity is a 1-bedroom luxury condominium listed at $488,000—positioned well below the $438,200 Fair Market Value by -11%. While the list price exceeds the current estimation, the seller’s incentive to cover 6 months of HOA fees provides immediate financial relief. Featuring an Excellent Condition Rating and resort-style amenities like a pool, spa, and 24-hour concierge, this unit offers a sophisticated urban lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey residence in the heart of DTLA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 889 Francisco Street 710 Subject | $488,000* List Price | 1 | 1 | 750 | $584 | - |
A 889 Francisco Street 2611 Sold | $550,000 | 1 | 2 | 890 | $618 | 0.0 mi |
B 877 Francisco Street 1819 Sold | $369,000 | 0 | 1 | 544 | $678 | 0.1 mi |
C 1234 Wilshire Boulevard 433 Sold | $350,000 | 1 | 1 | 700 | $500 | 0.4 mi |
D 655 S Hope Street 607 Sold | $460,000 | 2 | 2 | 850 | $541 | 0.4 mi |
E 1100 Wilshire Boulevard 2805 Sold | $420,000 | 1 | 1 | 847 | $496 | 0.3 mi |
F 889 Francisco Street 710 Active | $488,000 List Price | 1 | 1 | 750 | $651 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, the property is 9 years old, falling within the <10y threshold for Excellent condition. As a luxury high-rise condominium, it features modern construction standards, contemporary kitchen and bath finishes, and up-to-date HVAC and electrical systems requiring no immediate maintenance.
Ideally situated within walking distance of the Crypto.com Arena and surrounded by world-class dining and shopping, offering an elite urban lifestyle for professionals and students.
The building features a comprehensive suite of luxury amenities, including a 24-hour concierge, a fully equipped gym, a swimming pool, and business facilities, ensuring a high-end living experience.
Priced significantly below its previous sale price of $698,000 and paired with a seller incentive to pay 6 months of HOA fees, this property offers exceptional value in the luxury market.
The monthly association fee of $950 is relatively high for a one-bedroom unit, which may deter budget-conscious buyers or impact financing qualifications.
The property is noted as having only a 'Peek-A-Boo' view, which may be a drawback for buyers specifically seeking the expansive city skyline vistas common in high-rise luxury condos.
Reduced to $488,000.- The seller will pay 6 months of Home Owner Association. Downtown LA's luxurious condominium. Walking distance from Crypto Arena (Staple center). Experience sophisticated city living. Surrounded by world class shopping area and exclusive restaurants. 24 hours concierge, fully equipped gym, swimming pool, jacuzzi, barbecue area, the entertaining lounge, business and meeting facilities, dog walk and many more. Perfectly situated for business professionals, the university students and faculty members seeking downtown luxury and convenience, and style in the heart of DTLA. The owner is highly motivated, making this great reduced price opportunity one not to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 47% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 750 | 890 | 33% |
| Lot Size | 98,939 | 59,001 | 67% |
| Price | $488.0K | $530.0K | 47% |
| Price per sq ft | $651 | $618 | 60% |
| Built year | 2017 | 2006 | 60% |
| HOA | $950.0 | $1.1K | 33% |
| Days on market | 4 | 187 | 7% |
Jun 2, 2026
$488,000
Initial Listing
Dec 13, 2018
$698,000
Public Record