NOT LISTED FOR SALE

877 Francisco St Unit 721 Los Angeles, CA 90017

Downtown LA Neighborhood

Estimated Value: $433,525 - $591,000

-- Bed
1 Bath
503 Sq Ft
$506/mo HOA Fee

Last Sold January 28, 2022

Last sale price $457,600 $910 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,545/month

Highlights

  • Concierge
  • Spa
  • 3.9 Acre Lot
  • 24-Hour Security
  • City Lights View
  • Clubhouse

About This Home

As of January 2022

Luxury at its finest! This gorgeous studio is located in Tower II at Metropolis, an unprecedented residential, hotel, and retail destination in Downtown Los Angeles, located moments from L.A.Live, STAPLES Center, and the Financial District. The expertly designed studio features a contemporary, open-concept design, and towering window walls capturing the breathtaking city views. In addition, a washer and dryer are featured in the unit. Building residents enjoy a host of private amenities and services, including 24/7 lobby attendant, dedicated concierge, a resident clubhouse with lounge and chef's kitchen, a resort-style, junior Olympic-sized pool, Skypark with fire pit, fitness and yoga studio, billiard, game, screening rooms, wellness garden, children's play area and dog park with the bathing station.

Last Agent to Sell the Property

Ben Salem

Compass License #01367073 Listed on: 12/13/2021

Compass

Last Buyer's Agent

Anthony Attalla

Premier Agent Network License #02084070

Premier Agent Network

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,836

Year Built

  • Built in 2017

Lot Details

  • 3.9

HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 503 Sq Ft Home
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Additional Features

  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 66352
  • Assessor Parcel Number 5144033052
  • $113 per year additional tax assessments

Community Details

Overview

  • 514 Units
  • Metropolis Association, Phone Number (213) 443-7077
  • First Service HOA
  • Maintained Community

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa
  • Dog Park

Pet Policy

  • Pet Restriction

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,836

Year Built

Built in 2017

Lot Details

0

HOA Fees

$506 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security
  • View: Yes
  • Zoning: LAC2
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5144033052
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 503.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 909.74
  • Room Type: Laundry
  • Spa Features: Association

Exterior Features

  • View: City Lights
  • Pool Features: Association, Community
  • 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
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Dog Park, Clubhouse, Concierge, Maintenance Grounds, Pet Rules, Security
  • Association Fee: 151.00
  • Association #2 Fee: 355.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Metropolis
  • Phone: 213-443-7077
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: First Service

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 169975.00
  • Lot Size Acres: 3.9021

Multi Family

  • Lease Considered: No
  • Lot Size Area: 169975.0000 Square Feet
  • Number Of Units In Community: 514
  • Number Of Units Total: 514

Tax Info

  • Tax Census Tract: 2077.10
  • Tax Lot: 2
  • Tax Tract Number: 66352
  • TaxOtherAnnualAssessmentAmount: 113.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2023
Sold by
Lee Jay
Bought by
Newfoundland Revocable Trust
Current Estimated Value
$479,131

Purchase Details

Listed on
Dec 13, 2021
Closed on
Jan 11, 2022
Sold by
East West Bank
Bought by
Lee Jay
Seller's Agent
Ben Salem
Compass
Buyer's Agent
Anthony Attalla
Premier Agent Network
List Price
$450,000
Sold Price
$457,600
Premium/Discount to List
$7,600
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%
Original Mortgage
$343,200
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2021
Sold by
Lin Jiangfeng
Bought by
East West Bank

Purchase Details

Closed on
Jul 31, 2018
Sold by
Greenland La Metropolis Development Ii L
Bought by
Lin Jiangfeng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,400
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Newfoundland Revocable Trust -- None Listed On Document
Lee Jay $458,000 First American Title Company O
East West Bank $392,637 Accommodation
Lin Jiangfeng $619,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Jay $343,200
Previous Owner Lin Jiangfeng $371,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $457,600 +1.7% $910 / Sq Ft
12/13/2021 12/13/21 For Sale $450,000 -- $895 / Sq Ft
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 $5,836 $485,607 $145,384 $340,223
2024 $5,836 $476,086 $142,534 $333,552
2023 $5,724 $466,752 $139,740 $327,012
2022 $5,457 $457,600 $100,000 $357,600
2021 $7,611 $637,920 $328,750 $309,170
2019 $7,374 $619,000 $319,000 $300,000
Source: Public Records

Agents Affiliated with this Home

  • Ben Salem

    Seller's Agent in 2022

    Ben Salem

    Compass

    (310) 773-6141

    1 in this area

    66 Total Sales

    Ben Salem
    Section Image
  • Anthony Attalla

    Buyer's Agent in 2022

    Anthony Attalla

    Premier Agent Network

    (818) 517-7557

    1 in this area

    9 Total Sales

    Anthony Attalla
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21262528

California Regional Multiple Listing Service (CRMLS)

APN: 5144-033-052

California Los Angeles County Los Angeles 90017 Downtown LA

877 Francisco St Unit 721, Los Angeles, CA

This home is located at 877 Francisco St Unit 721, Los Angeles, CA 90017 since 13 December 2021 and is currently estimated at $479,131, approximately $952 per square foot. This property was built in 2017. 877 Francisco St Unit 721 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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