NOT LISTED FOR SALE

Metropolis Los Angeles - Tower I 889 Francisco St Unit 1501 Los Angeles, CA 90017

Downtown LA Neighborhood

Estimated Value: $692,000 - $1,456,000

1 Bed
1.5 Baths
843 Sq Ft
2.27 Acres

Highlights

  • Concierge
  • Steam Room
  • Gated Parking
  • Community Cabanas
  • Fitness Center
  • City Lights View

About This Home

As of January 2022

LA Live and South Garden Views Discover Metropolis Tower 1 Residences. An Urban Sanctuary, with breathtaking views in every direction. 1501 has head on views of LA Live and Staples Center! 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 provided.

Last Agent to Rent the Property

Jie Yang

LF8 Real Estate Inc. License #02055142 Listed on: 01/13/2022

Co-Listed By

Lapchih Fan

LF8 Real Estate Inc. License #01928123

Last Renter's Agent

Jie Yang

LF8 Real Estate Inc. License #02055142 Listed on: 01/13/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,459

Year Built

  • Built in 2017

Lot Details

  • 2.27

Home Design

  • Entry on the 15th floor

Interior Spaces

  • 843 Sq Ft Home
  • Built-In Features

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Gated Parking
  • Guest Parking
  • Parking Garage Space

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Security Deposit $3,100
  • Tenant pays for cable TV, electricity, move in fee, move out fee
  • 12 Month Lease Term

Community Details

Overview

  • 308 Units
  • First Service Residential Association
  • High-Rise Condominium
  • Maintained Community
  • 40-Story Property

Amenities

  • Concierge
  • Valet Parking
  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Steam Room
  • Billiard Room
  • Meeting Room
  • Community Storage Space

Recreation

  • Community Cabanas
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Deposit $1,000

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,459

Year Built

Built in 2017

Lot Details

0

Rental Info

  • Deposit Key: 200.00
  • Pet Deposit: 1000.00
  • Not Included In Rent: Cable, Electricity, Move In/Out Fees
  • Rent Control: No
  • Security Deposit: 3100
  • Tenant Pays: Cable TV, Electricity, Move In Fee, Move Out Fee

Listing Details

  • Property Type: Residential Lease
  • Style: High or Mid-Rise Condo
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Advertising Remarks: Mid floor LA Live and South Garden Views Discover Metropolis Tower 1 Residences. An Urban Sanctuary, with breathtaking views in every direction.1501 has head on views of LA Live and Staples Center! 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 bi
  • Complex Name: Metropolis Tower 1
  • Entry Floor: 15
  • Lease Terms: 1+Year
  • Living Area: 843
  • Monthto Month: No
  • Stories: 40
  • Unit Floor In Building: 15
  • Year Built: 2017
  • Number Of Photos: 47
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Stone Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Washer
  • Inclusions: Fiber Optic Internet, Wifi, Water, Gas, Trash, Clubhouse, Conceirge level service
  • Price Per S Q F T: 3.80

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Billiard Room, Clubhouse, Concierge, Conference, Extra Storage, Fitness Center, Gated Parking, Guest Parking, Meeting Room, Onsite Property Management, Outdoor Cooking Area, Picnic Area, Pool, Private Cabana, Spa, Steam Room, Valet Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • Management Company: First Service Residential
  • Mgmt Co 2: LF8 Real Estate

Lot Info

  • Assessor Parcel Number: UNAVAILABLE

Multi Family

  • Number Of Units: 308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2017
Sold by
Lixin Guo
Bought by
Xiong Yanyan
Current Estimated Value
$888,875

Purchase Details

Closed on
May 2, 2017
Sold by
Greenland La Metropolis Development I Ll
Bought by
Xiong Yanyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,950
Interest Rate
5.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Xiong Yanyan -- Old Republic Title Company
Xiong Yanyan $843,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xiong Yanyan $547,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2022 01/28/22 Rented $3,100 -3.1% --
01/13/2022 01/13/22 For Rent $3,200 +6.8% --
07/15/2020 07/15/20 Rented $2,995 0.0% --
07/15/2020 07/15/20 Under Contract -- -- --
04/23/2020 04/23/20 Price Changed $2,995 -7.8% $4 / Sq Ft
11/17/2019 11/17/19 For Rent $3,250 +3.2% --
04/21/2019 04/21/19 Rented $3,150 0.0% --
04/21/2019 04/21/19 Under Contract -- -- --
03/16/2019 03/16/19 For Rent $3,150 -4.4% --
04/18/2018 04/18/18 Rented $3,295 0.0% --
04/16/2018 04/16/18 Under Contract -- -- --
01/25/2018 01/25/18 For Rent $3,295 -- --
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 $11,459 $959,185 $455,130 $504,055
2024 $11,459 $940,378 $446,206 $494,172
2023 $11,235 $921,940 $437,457 $484,483
2022 $10,708 $903,864 $428,880 $474,984
2021 $10,575 $886,142 $420,471 $465,671
2019 $10,254 $859,860 $408,000 $451,860
2018 $10,291 $843,000 $400,000 $443,000
2017 $2,953 $245,820 $113,220 $132,600
Source: Public Records

Agents Affiliated with this Home

  • Jie Yang

    Landlord's Agent in 2022

    Jie Yang

    LF8 Real Estate Inc.

    (626) 818-3743

    3 in this area

    3 Total Sales

    Jie Yang
    Section Image
  • Lapchih Fan

    Landlord's Co-Listing Agent in 2022

    Lapchih Fan

    LF8 Real Estate Inc.

    (213) 291-7805

    10 in this area

    20 Total Sales

    Lapchih Fan
    Section Image

  • R

    Seller Co-Listing Agent in 2019

    Richard Harris

    LF8 Real Estate Inc.

    Section Image
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About Metropolis Los Angeles - Tower I

Map

Source: The MLS

MLS Number: 22-118285

The MLS

APN: 5144-023-144

California Los Angeles County Los Angeles 90017 Downtown LA

889 Francisco St Unit 1501, Los Angeles, CA

This home is located at 889 Francisco St Unit 1501, Los Angeles, CA 90017 since 13 January 2022 and is currently priced at $888,875. This property was built in 2017. 889 Francisco St Unit 1501 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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