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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
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
Built in 2017, this condominium is only 7 years old and presents in virtually new condition. The kitchen features sleek, modern flat-panel cabinetry, stainless steel appliances, and contemporary finishes. The bathroom is equally modern with a stylish vanity and clean tiling. Hardwood floors are consistent throughout the main living areas, and all fixtures and finishes meet current quality standards with no visible signs of wear, tear, or deferred maintenance. The overall aesthetic is fresh and contemporary, aligning perfectly with the 'excellent' criteria for a recently built property.
Pros & Cons

Pros

Prime Downtown Location: Strategically located near Staples Center, the Financial District, SouthPark, and other key DTLA destinations, offering unparalleled urban convenience and access to entertainment.
Extensive Luxury Amenities: Residents benefit from over 40,000 sq ft of indoor/outdoor clubhouse facilities, including a pool, cabanas, private cinema, expansive fitness center, spa/steam, and a dog-friendly Sky-park.
All-Inclusive Living & Services: The property offers a comprehensive lifestyle with 1G Fiber Optic Internet, Wifi, Gas, Water, Trash included, along with 5-star concierge service and exclusive Hotel Indigo discounts.
Modern Construction & Professional Management: Built in 2017, this relatively new condominium is part of a 'Luxury Rental Collection' with professional onsite management, ensuring high standards and convenience.
Investment Income Potential: Currently rented at $2500/month until November 2025, providing immediate rental income for investors, with the flexibility to be delivered vacant upon lease expiration.

Cons

High Association Fees: The monthly association fee of $726.56 is substantial, especially for a 480 sq ft unit, which could significantly impact the overall cost of ownership and investment returns.
Compact Living Space: With only 480 sq ft, the unit offers limited living space, which may not appeal to all potential buyers, particularly those seeking more room or planning long-term residency.
Negative Price Trajectory: The current list price of $389,999 is considerably lower than its 2017 sale price of $529,500 and has seen multiple reductions, potentially indicating market value concerns or a challenging sales history.

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