889 S Francisco Street 2805, Los Angeles, California 90017, Los Angeles, 90017 - 0 bed, 1 bath
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Los Angeles, California 90017
This Luxury Metropolis Studio is a Strong Value Opportunity, listed at $329,000—positioned well below the $346,685 Fair Market Value by 5%. This valuation gap provides $17,685 in Instant Equity. Boasting an Excellent Condition Rating, the unit features premium Bosch appliances, floor-to-ceiling windows with 28th-floor city views, and rare dedicated parking and storage. Residents enjoy resort-style amenities in a prime DTLA location. This is an ideal acquisition for single professionals or Buy-and-Hold Investors seeking a high-floor asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 889 S Francisco Street 2805 Subject | $329,000* List Price | 0 | 1 | 480 | $722 | - |
A 877 Francisco Street 1721 Sold | $400,000 | 0 | 1 | 508 | $787 | 0.1 mi |
B 877 Francisco Street 1819 Sold | $369,000 | 0 | 1 | 544 | $678 | 0.1 mi |
C 877 Francisco 1720 Active | $380,000 List Price | 0 | 1 | 494 | $769 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this property falls within the 10-year window for an excellent rating. It features high-end Bosch appliances, modern open-concept cabinetry, floor-to-ceiling windows, and premium finishes typical of a luxury high-rise. The unit and building amenities appear virtually new with no deferred maintenance.
Located in the prestigious Metropolis development, residents have access to a 24-hour attended lobby, resort-style pool with cabanas, a full-service gym, spa, movie theater, and business center.
This 2017-built unit features a contemporary open-concept design with premium Bosch appliances and floor-to-ceiling windows offering stunning views of the Downtown Los Angeles skyline.
Rare for a studio at this price point in DTLA, the unit comes with both a dedicated parking space and a private storage unit, significantly enhancing its utility and resale value.
With only 480 square feet of living space, the studio layout may feel restrictive for buyers looking for a clear separation between living and sleeping quarters.
The studio configuration and size naturally limit the potential buyer pool to single professionals or investors, which may result in a longer time on market compared to one-bedroom units.
Luxury Development Studio located in the prime location of Downtown LA. Easy access to the 110, 101, and 5 fwy. This unit has an open concept with bran new Bosch appliance and a great view of the city of downtown LA. Metropolis amenities features 24 hours attended lobby, gym, spa, swimming pool with cabanas and BBQ area, movie theater, game room, business center. Unit with 1 parking space and 1 storage space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.5 | 13% |
| Baths | 1.0 | 2.0 | 44% |
| Square foot | 480 | 870 | 6% |
| Lot Size | - | 71,352 | 6% |
| Price | $329.0K | $540.0K | 6% |
| Price per sq ft | $685 | $620 | 69% |
| Built year | 2017 | 2006 | 56% |
| HOA | $255.55 | $975 | 6% |
| Days on market | 40 | 217 | 6% |
Mar 13, 2026
$329,000
Initial Listing