889 Francisco Street 802, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath
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Los Angeles, California 90017
This Modern Urban Condominium represents a High-Potential Investment Opportunity, listed at $565,000—positioned well above the $469,384 Fair Market Value by -20%. While the property commands a premium for its Mint Condition Rating and luxury amenities like the 6th-floor pool and panoramic city views, the current pricing reflects a market challenge. This unit offers a sophisticated lifestyle in the Metropolis building, making it an ideal acquisition for Owner-Occupants seeking a turnkey residence or Urban Professionals prioritizing downtown convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 889 Francisco Street 802 Subject | $565,000* List Price | 1 | 1 | 740 | $634 | - |
A 889 Francisco Street 2611 Sold | $550,000 | 1 | 2 | 890 | $618 | 0.0 mi |
B 655 S Hope Street 607 Sold | $460,000 | 2 | 2 | 850 | $541 | 0.4 mi |
C 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, this property is less than 10 years old and in mint condition. The kitchen features modern minimalist cabinetry and integrated appliances, while the bathroom and systems are contemporary and require no maintenance.
Residents have access to premium facilities within the Metropolis building, including a resort-style 6th-floor pool, a state-of-the-art theatre room, a modern gym, and a clubhouse, offering a high-end lifestyle.
Built in 2017, the unit features a sleek minimalist aesthetic with a pristine kitchen and panoramic city light views that enhance the sense of space and urban luxury.
Situated in the heart of Downtown Los Angeles, the property offers excellent walkability and proximity to world-class dining, entertainment, and major employment centers.
The monthly HOA fee of $1,267.54 is substantial for a 740-square-foot one-bedroom unit, significantly increasing the total monthly carrying costs for a buyer.
The property is currently listed at $565,000, which is $15,000 less than its 2021 sale price of $580,000, suggesting a potential challenge in short-term value growth for this specific market segment.
Welcome to your urban oasis in the heart of Downtown LA's Metropolis building-- where sleek, minimalist design meets luxurious living. Dive into amenities on the 6th floor...including the pool, a turquoise gem amidst the sky above and city below. Or lounge Hollywood-style in the state-of-the-art theatre room, host your friends in the clubhouse or get a workout in at the gym. This condo is a canvas of modern comfort, boasting a pristine kitchen ready for culinary adventures, a living area that merges relaxation with chic urban living, and a bedroom with sky-high views that inspire daydreams. It's not just a home--it's a lifestyle upgrade.
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 | 740 | 890 | 33% |
| Lot Size | 98,877 | 59,001 | 67% |
| Price | $565.0K | $550.0K | 53% |
| Price per sq ft | $764 | $618 | 87% |
| Built year | 2017 | 2006 | 60% |
| HOA | $1267.54 | $1.2K | 87% |
| Days on market | 17 | 187 | 7% |
May 20, 2026
$565,000
Initial Listing
Jan 21, 2021
$580,000
Public Record