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$549,000$750/sqft
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: Strategically located within walking distance to the Crypto.com Arena, major shopping districts, and various entertainment facilities, offering unparalleled urban convenience.
Top Cons:
High Association Fees: The monthly association fee of $1,000 is substantial, adding a significant recurring cost that could impact affordability and long-term ownership expenses.

Compared to the nearby listings

Price:$549.0K vs avg $525.0K (+$24,000)54%
Size:750 sqft vs avg 848.5 sqft32%
Price/sqft:$732 vs avg $60868%

More Insights

Built in 2017 (9 years old).
Condition: Built in 2017, this condominium is only 7 years old, falling well within the 'newly built' criteria. The kitchen features modern flat-panel cabinetry, integrated appliances, and contemporary tile flooring, all appearing virtually new. The living areas boast clean hardwood flooring and neutral paint. While no direct bathroom images are provided, the overall modern aesthetic, recent construction, and high-end common amenities strongly suggest the entire unit is in excellent, move-in ready condition with no deferred maintenance.
Year Built
2017
Close
-
List price
$549K
Original List price
$549K
Price/Sqft
$732
HOA
$1,000
Days on market
-
Sold On
-
MLS number
26638727
Home ConditionExcellent
Features
Pool
Spa
ViewPeek-A-Boo

About this home

Stunning beautiful condominium in downtown LA. Walking distance to crypto.com Arena (formally staple Center). Walking distance to shopping and other entertainment facilities. As if you are living in the most luxurious hotel with the concierge. Impressive amenities, swimming pool Jacuzzi fully equipped gym, office room, meeting room, entertainment, room, dog walk, and dog playing area. Enjoy the impressive hi-rise view from the garden. We also offer peekaboo views from our unit. Luxury living, perfect for business executives working in the downtown area. The owner is very motivated and reasonably priced.

E
Eugene Hasegawa
Listing Agent

Price History

Date
Event
Price
12/13/18
Sold
$698,000
Condition Rating
Excellent

Built in 2017, this condominium is only 7 years old, falling well within the 'newly built' criteria. The kitchen features modern flat-panel cabinetry, integrated appliances, and contemporary tile flooring, all appearing virtually new. The living areas boast clean hardwood flooring and neutral paint. While no direct bathroom images are provided, the overall modern aesthetic, recent construction, and high-end common amenities strongly suggest the entire unit is in excellent, move-in ready condition with no deferred maintenance.
Pros & Cons

Pros

Prime Downtown LA Location: Strategically located within walking distance to the Crypto.com Arena, major shopping districts, and various entertainment facilities, offering unparalleled urban convenience.
Extensive Luxury Amenities: Offers a hotel-like living experience with a concierge, swimming pool, jacuzzi, fully equipped gym, office, meeting rooms, entertainment areas, and dedicated dog facilities.
Modern Construction: Built in 2017, this condominium features contemporary design and infrastructure, appealing to buyers seeking newer properties with modern standards.
Targeted Executive Appeal: Designed for luxury living, it is perfectly suited for business executives working in the downtown area, providing a sophisticated and convenient lifestyle.
Motivated Seller & Competitive Pricing: The owner is highly motivated, and the property is described as 'reasonably priced,' potentially offering an attractive investment opportunity for buyers.

Cons

High Association Fees: The monthly association fee of $1,000 is substantial, adding a significant recurring cost that could impact affordability and long-term ownership expenses.
Compact Living Space: With 750 square feet for a 1-bedroom, 1-bathroom unit, the living space is relatively compact, which may not appeal to all buyers, particularly those seeking more expansive accommodations.
Significant Price Depreciation: The current list price of $549,000 is considerably lower than its previous sale price of $698,000 in 2018, suggesting potential market value concerns or a need for a quick sale.
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