NOT LISTED FOR SALE

877 Francisco St Unit 1221 Los Angeles, CA 90017

Downtown LA Neighborhood

Estimated Value: $464,000 - $780,980

-- Bed
1 Bath
591 Sq Ft
2018 Built

Highlights

  • Fitness Center
  • Newly Remodeled
  • City Lights View
  • 24-Hour Security
  • Spa
  • Clubhouse

About This Home

As of March 2021

*** AMAZING VIEW WITH PRVIATE BALCONY ***
Rare to find unit at Metropolis R2 with your own private outdoor balcony
Brand new studio unit. Interior area approx 501 sf. Exterior area approx 90 sf. Brand new luxury condo in the heart of downtown. Brand new construction just completed in summer 2018.
Located in the 12th floor with OPEN PATIO spectacular downtown city lights view. Residents will be enjoying 24 hours lobby security services, resort like pool and BBQ area, fitness center, game room, playground and dog park offered by Metropolis. Hotel Indigo is right next to the building. If you have friends and family come to visit you, they will be able to walk to meet with you. Easy access to the 110, 101, and 5 fwy.
*** RARE TO FIND UNIT WITH PRIVATE BALCONY ***

Last Agent to Rent the Property

Luis Hsu

Meridian Capital Real Estate License #01861426 Listed on: 10/12/2020

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,259

Year Built

  • Built in 2018 | Newly Remodeled

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 591 Sq Ft Home
  • City Lights Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Spa
  • Balcony
  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Additional Features

  • Two or More Common Walls
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,400
  • Rent includes association dues, gas, pool, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 4/1/20
  • Tax Lot 2
  • Tax Tract Number 66352
  • Assessor Parcel Number 5144023225

Community Details

Overview

  • Property has a Home Owners Association
  • 514 Units

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,259

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2020-04-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Pets: 500
  • Deposit Security: 2400
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Card/Code Access, Resident Manager
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5144023225
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 591.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.55
  • Spa Features: Community

Exterior Features

  • Exterior Features: Lighting
  • View: City Lights
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Inside, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room, Clubhouse, Billiard Room
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Near Public Transit

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 514
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gas, Pool, Sewer, Trash Collection, Water

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 66352

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2018
Sold by
Greenland La Metropolis Development Ii L
Bought by
2017 Nakayama Family Trust
Current Estimated Value
$607,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,648
Outstanding Balance
$366,322
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$300,302
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
2017 Nakayama Family Trust $696,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2017 Nakayama Family Trust $417,648
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Rented $2,100 -4.5% --
10/12/2020 10/12/20 For Rent $2,200 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,259 $776,485 $441,831 $334,654
2024 $9,259 $761,261 $433,168 $328,093
2023 $9,078 $746,335 $424,675 $321,660
2022 $8,653 $731,702 $416,349 $315,353
2021 $8,546 $717,356 $408,186 $309,170
2020 $8,636 $710,001 $404,001 $306,000
2019 $8,281 $696,080 $396,080 $300,000
Source: Public Records

Agents Affiliated with this Home

  • Luis Hsu

    Landlord's Agent in 2021

    Luis Hsu

    Meridian Capital Real Estate

    (626) 419-5931

    16 Total Sales

    Luis Hsu
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20214692

California Regional Multiple Listing Service (CRMLS)

APN: 5144-033-150

California Los Angeles County Los Angeles 90017 Downtown LA

877 Francisco St Unit 1221, Los Angeles, CA

This home is located at 877 Francisco St Unit 1221, Los Angeles, CA 90017 since 12 October 2020 and is currently priced at $607,245. This property was built in 2018. 877 Francisco St Unit 1221 is a home located in Los Angeles County with nearby schools including Tenth Street Elementary School, John H. Liechty Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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