877 Francisco Street 1117, Los Angeles, California 90017, Los Angeles, 90017 - bed, 1 bath
ACTIVE$465,000
877 Francisco Street 1117, Los Angeles, California 90017
0Bed
1Bath
519Sqft
128,959Lot
Year Built
2017
Close
-
List price
$465K
Original List price
$465K
Price/Sqft
$896
HOA
$837
Days on market
-
Sold On
-
MLS number
25551875
Home ConditionExcellent
Features
Excellent View: City Lights
ViewCity Lights
About this home
We found 3 Cons,5 Pros. Rank: price - $465.0K(36th), sqft - 519(11th), beds - undefined(14th), baths - 1(50th).
Price History
Date
Event
Price
03/31/23
Sold
$540,000
Condition Rating
Excellent
This property was built in 2017, making it only 7 years old, which falls squarely within the 'Excellent' criteria for age. The visible images confirm a modern aesthetic with light hardwood flooring throughout, contemporary flush-mount lighting, and a kitchen featuring sleek flat-panel cabinetry, stainless steel appliances, and a gas cooktop, all appearing to be in pristine condition. Although no direct bathroom images are provided, it is highly probable that the bathroom's condition, style, and features align with the property's recent construction and the high quality observed in the rest of the unit.
Pros & Cons
Pros
Prime Downtown Location: Situated in the highly desirable C42 Downtown L.A. area, offering excellent urban accessibility and a vibrant city lifestyle.
Modern Construction: Built in 2017, the property benefits from contemporary design, newer building systems, and potentially fewer immediate maintenance concerns.
Stunning City Lights View: Features a captivating city lights view, enhancing the unit's aesthetic appeal and contributing to its overall value.
Condominium Lifestyle & Amenities: As a condominium, it likely offers a range of shared amenities (e.g., fitness center, pool, concierge) that contribute to a convenient and luxurious urban living experience.
Efficient Urban Living: The 519 sqft layout provides an efficient and manageable living space, ideal for a single professional or as a sophisticated pied-à-terre in a bustling city.
Cons
High Association Fee: The monthly association fee of $837.0 is substantial for a 519 sqft unit, representing a significant ongoing cost that could impact affordability.
Compact Square Footage: With only 519 square feet, the unit offers limited living space, which may restrict its appeal to buyers seeking more spacious accommodations.
Potential Price Discrepancy: The current list price of $465,000 is notably lower than a previous recorded sale at $540,000, which could signal a challenging market, a need for significant updates, or other underlying issues requiring thorough due diligence.