NOT LISTED FOR SALE

Metropolis Los Angeles - Tower I 889 Francisco St Unit 1011 Los Angeles, CA 90017

Downtown LA Neighborhood

Estimated Value: $603,000 - $832,000

1 Bed
1.5 Baths
903 Sq Ft
$1,056/mo HOA Fee

Last Sold June 10, 2021

Last sale price $630,000 $698 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,507/month

84 Days on Market

Highlights

  • Concierge
  • Steam Room
  • 24-Hour Security
  • Community Cabanas
  • Fitness Center
  • Gated Parking

About This Home

As of June 2021

1011 has terrific views of DTLA with direct T2 Garden Oasis views! Metropolis is an urban sanctuary, with breathtaking views in every direction. Arrive home through a grand motor court, and have the Staples Center, financial district, South Park and all of DTLA's exciting destinations at your doorstep. Exercise and entertain in the over 40,000 sf indoor/outdoor clubhouse, MetSix, featuring a dog friendly Sky-park, a sparkling residents only pool and cabanas, private cinema with projection screen, expansive fitness center, billiards, yoga, spa/steam room, and video business center featuring a Starbuck's coffee machine. Indulge in 5 star attentive residential concierge service and Access membership with dining & room discounts at Hotel Indigo, and enjoy all-inclusive living with ample bicycle and guest parking, EV charging, storage unit, 1G fiber optic internet, Wifi, gas, water, trash provided with every unit! Easy access to the 110 freeway makes getting in and out of DTLA a breeze.

Last Agent to Sell the Property

Lapchih Fan

LF8 Real Estate Inc. License #01928123 Listed on: 02/15/2021

Co-Listed By

Jie Yang

LF8 Real Estate Inc. License #02055142

Last Buyer's Agent

Jonathan Yuen

Coldwell Banker Exclusive License #01952091

Coldwell Banker Exclusive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,215

Year Built

  • Built in 2017

Lot Details

  • 2.27

HOA Fees

  • $1,056 Monthly HOA Fees

Interior Spaces

  • 903 Sq Ft Home
  • Built-In Features
  • Living Room
  • Wood Flooring
  • Courtyard Views
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Gated Parking
  • Guest Parking
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-023-123

Community Details

Overview

  • 308 Units
  • High-Rise Condominium
  • 38-Story Property

Amenities

  • Concierge
  • Sundeck
  • Community Barbecue Grill
  • Picnic Area
  • Steam Room
  • Billiard Room
  • Elevator
  • Community Storage Space

Recreation

  • Community Cabanas
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,215

Year Built

Built in 2017

Lot Details

0

HOA Fees

$1,056 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Advertising Remarks: Low Floor DTLA and tower 2 garden view ! Metropolis is an urban sanctuary, with breathtaking views in every direction. Arrive home through a grand motor court, and have the Staples Center, financial district, South Park and all of DTLA's exciting destinations at your doorstep. Exercise and entertain in the over 40,000 sf indoor/outdoor clubhouse, MetSix, featuring a dog friendly Sky-park, a sparkling residents only pool and cabanas, private cinema with projection screen, expansive fitness center, billiards, yoga, spa/steam room, and video business center featuring a Starbuck's coffee machine. Indulge in 5 star attentive residential concierge service and Access membership with dining & room discounts at Hotel Indigo, and enjoy all-inclusive living with ample bicycle and guest parking, EV charging, storage unit, 1G fiber optic internet, Wifi, gas, water, trash provided with every unit! Eas
  • Complex Name: Metropolis Tower 1
  • Entry Floor: 10
  • Living Area: 903
  • Planned Urban Dev: 0
  • Stories: 38
  • Unit Floor In Building: 10
  • Year Built: 2017
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 706.53

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Billiard Room, Clubhouse, Concierge, Elevator, Extra Storage, Fitness Center, Gated Community, Gated Parking, Guest Parking, Onsite Property Management, Picnic Area, Pool, Private Cabana, Spa, Steam Room, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1055.57
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5144-023-123

Multi Family

  • Number Of Units: 308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
May 18, 2021
Sold by
Shi Hong
Bought by
Kim Kyung Hoi and Kim Mi Sook
Seller's Agent
Lapchih Fan
LF8 Real Estate Inc.
Buyer's Agent
Jonathan Yuen
Coldwell Banker Exclusive
List Price
$638,000
Sold Price
$630,000
Premium/Discount to List
-$8,000
-1.25%
Current Estimated Value
$692,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,502
Avg. Annual Appreciation
2.27%

Purchase Details

Closed on
Mar 20, 2017
Sold by
Greenland La Metropolis Development I Ll
Bought by
Shi Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,800
Interest Rate
4.1%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Kim Kyung Hoi $630,000 Chicago Title Company
Shi Hong $813,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shi Hong $487,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $630,000 -1.3% $698 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $638,000 0.0% $707 / Sq Ft
12/14/2018 12/14/18 Rented $3,300 0.0% --
11/25/2018 11/25/18 For Rent $3,300 +10.0% --
10/20/2017 10/20/17 Rented $3,000 +0.2% --
10/19/2017 10/19/17 Price Changed $2,995 -3.4% $3 / Sq Ft
09/09/2017 09/09/17 For Rent $3,100 -- --
Source: The MLS

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 $8,215 $681,930 $205,661 $476,269
2024 $8,215 $668,560 $201,629 $466,931
2023 $8,055 $655,452 $197,676 $457,776
2022 $7,678 $642,600 $193,800 $448,800
2021 $10,420 $871,698 $217,656 $654,042
2020 $10,525 $862,761 $215,425 $647,336
2019 $10,104 $845,845 $211,201 $634,644
2018 $10,960 $829,260 $207,060 $622,200
Source: Public Records

Agents Affiliated with this Home

  • Lapchih Fan

    Seller's Agent in 2021

    Lapchih Fan

    LF8 Real Estate Inc.

    (213) 291-7805

    10 in this area

    21 Total Sales

    Lapchih Fan
    Section Image
  • Jie Yang

    Seller Co-Listing Agent in 2021

    Jie Yang

    LF8 Real Estate Inc.

    (626) 818-3743

    3 in this area

    3 Total Sales

    Jie Yang
    Section Image

  • J

    Buyer's Agent in 2021

    Jonathan Yuen

    Coldwell Banker Exclusive

    Section Image
  • Rasmus Ray Lee

    Buyer's Agent in 2017

    Rasmus Ray Lee

    Premier Real Estate Broker, Inc.

    (213) 995-5055

    21 in this area

    28 Total Sales

    Rasmus Ray Lee
    Section Image
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About Metropolis Los Angeles - Tower I

Map

Source: The MLS

MLS Number: 20-559118

The MLS

APN: 5144-023-123

California Los Angeles County Los Angeles 90017 Downtown LA

889 Francisco St Unit 1011, Los Angeles, CA

This home is located at 889 Francisco St Unit 1011, Los Angeles, CA 90017 since 15 February 2021 and is currently estimated at $692,502, approximately $766 per square foot. This property was built in 2017. 889 Francisco St Unit 1011 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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