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877 Francisco Street 1611, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 2 bath

877 Francisco Street 1611, Los Angeles, California 90017 home-pic-0
ACTIVE$895,000
877 Francisco Street 1611, Los Angeles, California 90017
1Bed
2Baths
963Sqft
128,921Lot
Year Built
2017
Close
-
List price
$895K
Original List price
$895K
Price/Sqft
$929
HOA
$760
Days on market
-
Sold On
-
MLS number
OC25097636
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic
Pool
Spa
ViewCity Lights,Hills,Mountain(s),Neighborhood,Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $895.0K(90th), sqft - 963(69th), beds - 1(50th), baths - 2(50th).

Beautiful Metropolis Tower II Condo, Rare Corner unit with stunning panoramic views from every room, including the walk-in closet. This unique One Bedroom floor plan has one and half Bath. The unit has never been lived in. The community offers luxury amenities, including 24-hour Security and Concierge desk, Modern Lobby with Towering Ceilings, Great Fitness Center with State of the Art Equipements, Lounge, Billiard Room, Business Center, Dog Park, Kids area, and much more!! Make sure to visit the 9th floor to see all the amenities. This unit comes with one covered parking space # 1050 located on the 5th floor of the parking garage. This particular floor plan with its corner location rarely comes into the market and won't last long. The Metropolis Towers are Perfectly located in the best part of Downtown Los Angeles within walking distance to fine restaurants and shopping. Very close to several freeways.

Price History

Date
Event
Price
06/03/22
Sold
$905,000
Condition Rating
Excellent
The property was built in 2017, making it only 7 years old, and is explicitly stated to have 'never been lived in.' This indicates all components are virtually new, in pristine condition, and meet current quality standards with no deferred maintenance. The images confirm modern, high-end finishes in the kitchen and bathrooms, consistent with a luxury condominium.
Pros & Cons

Pros

Panoramic Views & Corner Unit: As a rare corner unit in Metropolis Tower II, the property boasts stunning panoramic views from every room, including the walk-in closet, enhancing its desirability and value.
Never Lived In Condition: The unit has never been occupied, offering a pristine, brand-new living experience for the buyer without any wear and tear from previous residents.
Luxury Community Amenities: Residents benefit from an extensive array of high-end amenities including 24-hour security, concierge, a modern lobby, state-of-the-art fitness center, lounge, billiard room, business center, dog park, and kids' area.
Prime Downtown Los Angeles Location: Strategically located in the best part of Downtown LA, offering excellent walkability to fine restaurants and shopping, and convenient access to several major freeways.
Dedicated Covered Parking: The inclusion of a dedicated covered parking space (#1050 on the 5th floor) is a significant advantage in a dense urban environment like Downtown Los Angeles.

Cons

High Monthly Association Fee: The monthly association fee of $760 is substantial and represents a significant ongoing cost for the homeowner, potentially impacting affordability.
Limited Bedroom Count: As a one-bedroom unit, despite having 1.5 baths, the property caters to a smaller demographic, primarily individuals or couples, which may limit its market appeal.
Lack of Private Outdoor Space: The description does not mention a private balcony or patio, which some condominium buyers may desire for personal outdoor enjoyment, despite the building's common area amenities.

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