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889 Francisco Street 710, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath

889 Francisco Street 710, Los Angeles, California 90017 home-pic-0
ACTIVE$580,000
889 Francisco Street 710, Los Angeles, California 90017
1Bed
1Bath
750Sqft
98,939Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown LA Location: Situated in the heart of Downtown Los Angeles, moments from L.A. Live, the Financial District, and premier dining and entertainment, offering unparalleled urban convenience and lifestyle.
Top Cons:
High Monthly Association Fee: The $1,000 monthly association fee is substantial and significantly adds to the overall cost of ownership, potentially impacting affordability and buyer interest.

Compared to the nearby listings

Price:$580.0K vs avg $550.0K (+$30,000)59%
Size:750 sqft vs avg 827 sqft34%
Price/sqft:$773 vs avg $62276%

More Insights

Built in 2017 (8 years old).
Condition: Built in 2017, this property is only 7 years old, meeting the 'Excellent' criteria for age. The kitchen features sleek custom cabinetry, polished quartz countertops, and modern stainless steel appliances, all in pristine condition. The bathroom is described as 'spa-style' and appears contemporary with clean lines and modern fixtures. Wide-plank hardwood flooring, floor-to-ceiling windows, and recessed lighting throughout the unit contribute to a high-quality, modern aesthetic with no visible signs of wear or deferred maintenance.
Year Built
2017
Close
-
List price
$580K
Original List price
$580K
Price/Sqft
$773
HOA
$1,000
Days on market
-
Sold On
-
MLS number
25617111
Home ConditionExcellent
Features
Excellent View: City Lights
Pool
ViewCity Lights

About this home

Discover refined urban living in the heart of Downtown Los Angeles at Metropolis Tower II.This exceptional one-bedroom residence spans approximately 750 square feet and features wide-plank hardwood flooring and expansive floor-to-ceiling windows that frame sweeping city-light vistas. The chef-inspired kitchen showcases sleek custom cabinetry and polished quartz countertops, creating a sophisticated heart for modern living. The spa-style bathroom delivers a serene retreat, and the stacked in-unit washer/dryer adds ultimate convenience.Beyond the walls of the unit, residents enjoy resort-level amenities: 24-hour concierge and security, controlled access, a stunning resort-style pool with palm-lined deck, a fully equipped fitness center, and an elegant clubhouse for relaxing or entertaining everything you'd expect from a five-star hotel, but right at home.Situated just moments from L.A. Live, the Financial District, and premier dining + entertainment, this residence offers a lifestyle of luxury, ease, and connection to the best of Downtown L.A. Experience it for yourself! This isn't just a condo! It's your urban sanctuary in the skyline!!!

Price History

Date
Event
Price
12/13/18
Sold
$698,000
Condition Rating
Excellent
Built in 2017, this property is only 7 years old, meeting the 'Excellent' criteria for age. The kitchen features sleek custom cabinetry, polished quartz countertops, and modern stainless steel appliances, all in pristine condition. The bathroom is described as 'spa-style' and appears contemporary with clean lines and modern fixtures. Wide-plank hardwood flooring, floor-to-ceiling windows, and recessed lighting throughout the unit contribute to a high-quality, modern aesthetic with no visible signs of wear or deferred maintenance.
Pros & Cons

Pros

Prime Downtown LA Location: Situated in the heart of Downtown Los Angeles, moments from L.A. Live, the Financial District, and premier dining and entertainment, offering unparalleled urban convenience and lifestyle.
Resort-Style Building Amenities: Residents benefit from extensive luxury amenities including 24-hour concierge and security, a stunning resort-style pool, fully equipped fitness center, and an elegant clubhouse.
Modern & High-End Interior Finishes: The unit features wide-plank hardwood flooring, a chef-inspired kitchen with sleek custom cabinetry and quartz countertops, and a spa-style bathroom, reflecting contemporary luxury.
Panoramic City Views: Expansive floor-to-ceiling windows frame sweeping city-light vistas, providing a dynamic and desirable visual experience from within the residence.
Newer Construction (2017): Built in 2017, the property offers modern building standards, infrastructure, and design, minimizing immediate maintenance concerns for buyers.

Cons

High Monthly Association Fee: The $1,000 monthly association fee is substantial and significantly adds to the overall cost of ownership, potentially impacting affordability and buyer interest.
Significant Price Reduction from Previous Sale: Currently listed at $580,000, the property previously sold for $698,000 in 2018, indicating a notable depreciation or market adjustment that warrants further investigation.
Limited Living Space: At 750 square feet, this one-bedroom unit may be considered compact for some buyers, potentially limiting flexibility for a home office or additional living areas.

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