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889 Francisco St 2801, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 2 bath

889 Francisco St 2801, Los Angeles, California 90017 home-pic-0
ACTIVE$658,000
889 Francisco St 2801, Los Angeles, California 90017
1Bed
2Baths
780Sqft
98,925Lot
Year Built
2017
Close
-
List price
$658K
Original List price
$658K
Price/Sqft
$844
HOA
$822.67
Days on market
-
Sold On
-
MLS number
OC25021377
Home ConditionExcellent
Features
Excellent View: City Lights
ViewCity Lights

About this home

We found 4 Cons,5 Pros. Rank: price - $658.0K(69th), sqft - 780(38th), beds - 1(50th), baths - 2(50th).

High-rise Luxury apartments developed by Greenland Group as part of the Metropolis Tower in Downtown Los Angeles,offering a luxurious and modern lifestyle. Enjoy incredible panoramic city views at the best location and the best price! Don't miss the opportunity to experience the epitome of refined living in unit 2801, boasting breathtaking views of the sunset and dazzling city lights from the 28th floor. A spacious, bright, south-facing with panoramic city view, overlooking the building's sky garden, Staples Center, and the vibrant Los Angeles skyline. The cityscape is yours to enjoy. 1 bedroom, 1.5 bathrooms Approx.780 sq.ft. Equipped with Bosch built-in refrigerator, dishwasher, range hood, washer, dryer Additional storage space. Designated parking spot and plenty of guest parking. Amenities: Hotel-style lobby State-of-the-art fitness center for cardio and strength training Exercise/yogo studio Billiards room, card game room, cinema Business center with conference rooms The 6th-floor sky garden offers resort-style amenities: Swimming pool with outdoor showers BBQ area Jogging/walking track Sunbathing and relaxation areas to enjoy the winter sun Dog park

Price History

Date
Event
Price
06/23/25
Sold
$615,000
09/28/21
Sold
$720,000
09/05/17
Sold
$883,000
Condition Rating
Excellent
This property, built in 2017, is only 7 years old, falling well within the 'Excellent' criteria for age. The MLS description highlights a 'luxury and modern lifestyle' with 'Bosch built-in refrigerator, dishwasher, range hood, washer, dryer.' The images confirm this, showcasing a contemporary kitchen with flat-panel cabinetry, stone countertops, subway tile backsplash, and stainless steel appliances. Bathrooms are equally modern with sleek vanities and tiling. Flooring (wood-look and carpet) and light fixtures are all current and in pristine condition, indicating no deferred maintenance and minimal physical depreciation. The unit appears virtually new and move-in ready, meeting current quality standards.
Pros & Cons

Pros

Luxury High-Rise & Modern Development: Built in 2017 by Greenland Group as part of the Metropolis Tower, this property offers a modern, high-end living experience in a prestigious downtown development.
Exceptional Panoramic City Views: Perched on the 28th floor, the unit boasts breathtaking panoramic views of the sunset, dazzling city lights, Staples Center, and the vibrant Los Angeles skyline.
Extensive Resort-Style Amenities: Residents enjoy a wealth of luxury amenities including a state-of-the-art fitness center, yoga studio, cinema, business center, and a 6th-floor sky garden with a pool, BBQ area, jogging track, and dog park.
Premium In-Unit Features: The unit is equipped with high-end Bosch built-in appliances, in-unit washer/dryer, additional storage, and a convenient 1.5 bathrooms for a 1-bedroom layout.
Prime Downtown LA Location: Situated in a highly desirable Downtown Los Angeles location, offering immediate access to urban attractions, entertainment, and a vibrant city lifestyle.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-06-23. The sold price is $615,000.00.
Significant Price Depreciation: The property has experienced a notable decrease in value since its initial sale in 2017 ($883,000 to current list price of $658,000), which could signal potential market challenges or building-specific concerns.
High Monthly HOA Dues: The substantial monthly association fee of $822.67 adds a significant recurring cost to ownership, potentially impacting affordability and buyer interest.
Limited Bedroom Count: As a 1-bedroom unit, it caters to a narrower demographic, primarily singles or couples, which may limit its appeal to a broader range of potential buyers seeking more living space.

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