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889 Francisco Street 807, Los Angeles, California 90017, Los Angeles, 90017 - bed, 1 bath

889 Francisco Street 807, Los Angeles, California 90017 home-pic-0
ACTIVE$389,999
889 Francisco Street 807, Los Angeles, California 90017
0Bed
1Bath
480Sqft
98,939Lot
Year Built
2017
Close
-
List price
$390K
Original List price
$420K
Price/Sqft
$812
HOA
$726.56
Days on market
-
Sold On
-
MLS number
24427051
Home ConditionExcellent
Features
Excellent View: City Lights
Pool
Spa
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $390.0K(18th), sqft - 480(4th), beds - undefined(14th), baths - 1(50th).

Currently Rented at $2500/mo until Nov 30, 2025, can be delivered vacant. Luxury Rental Collection, professionally managed onsite by Metropolis Prop. Arrive home through a grand motor court, and have Staples Center, Financial District, SouthPark and the all of DTLA's exciting destinations at your doorstep. Exercise and entertain in the over 40,000 sf of indoor/outdoor clubhouse, MetSix featuring a dog friendly Sky-park, a sparkling residents only pool and cabanas. private cinema, expansive fitness center, billiards, yoga, spa/steam, and video business center only for residents. Indulge in 5 star attentive residential conceirge service and Access membership with dining & room discounts at Hotel Indigo, and enjoy all inclusive living with ample bicycle and guest parking, storage unit, 1G Fiber Optic Internet, Wifi, Gas, Water, Trash included

Price History

Date
Event
Price
10/16/25
Price Change
$389,999-2.5%
08/01/25
$399,999
04/18/25
$420,000
08/22/17
Sold
$529,500
Condition Rating
Excellent
This property was built in 2017, making it only 7 years old, which falls well within the 'Excellent' criteria for new construction. The images confirm a pristine, modern aesthetic throughout. The kitchen features integrated stainless steel appliances, sleek flat-panel cabinetry, and contemporary countertops, all appearing virtually new. The bathroom is equally modern with a floating vanity, large mirror, and clean tile work. Hardwood floors in the living areas and modern light fixtures contribute to the overall high quality and move-in ready condition with no visible deferred maintenance.
Pros & Cons

Pros

Prime Downtown LA Location: The property boasts an exceptional location at the doorstep of Staples Center, the Financial District, SouthPark, and other key DTLA destinations, offering unparalleled urban convenience and access.
Extensive Luxury Amenities: Residents benefit from over 40,000 sq ft of indoor/outdoor clubhouse facilities, including a pool, private cinema, expansive fitness center, dog-friendly Sky-park, spa/steam, and business center.
All-Inclusive Living & Services: The HOA provides 5-star concierge service, Hotel Indigo dining/room discounts, 1G Fiber Optic Internet, Wifi, Gas, Water, Trash, ample bicycle/guest parking, and a storage unit, simplifying urban living.
Modern Construction: Built in 2017, the property is relatively new, suggesting contemporary design, infrastructure, and fewer immediate maintenance concerns.
Immediate Rental Income Potential: Currently rented at $2500/month until November 30, 2025, offering a guaranteed income stream for investors or flexibility for future owner-occupancy.

Cons

Significant Price Depreciation: The current list price of $389,999 is substantially lower than its 2017 sale price of $529,500, indicating a notable loss in value over time and potential concerns for future appreciation.
High Monthly HOA Fees: The association fee of $726.56 per month, while inclusive of many services, represents a significant ongoing cost that could impact affordability and long-term investment returns.
Delayed Owner Occupancy: The property is currently rented until November 30, 2025, meaning an owner-occupant buyer would not be able to move in immediately, potentially limiting the buyer pool.

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