NOT LISTED FOR SALE

Metropolis Los Angeles - Tower I 889 Francisco St Unit 2805 Los Angeles, CA 90017

Downtown LA Neighborhood

Estimated Value: $494,000 - $714,000

-- Bed
1 Bath
480 Sq Ft
2017 Built

Highlights

  • Fitness Center
  • City Lights View
  • Sauna
  • Spa
  • Clubhouse
  • Sport Court

About This Home

As of June 2021

New Luxury Development Studio located in the prime location of Downtown LA. Easy access to the 110, 101, and 5 fwy. This unit has an open concept with bran new Bosch appliance and a great view of the city of downtown LA. Metropolis amenities features 24 hours attended lobby, gym, spa, swimming pool with cabanas and BBQ area, movie theater, game room, business center. Unit with 1 parking space and 1 storage space.

Last Agent to Rent the Property

Rega Management

REGA Management License #01498362 Listed on: 02/15/2021

Co-Listed By

Yvonne Neustadter

The Property Lab, Inc. License #01882489

Last Renter's Agent

Rega Management

REGA Management License #01498362 Listed on: 02/15/2021

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,780

Year Built

  • Built in 2017

Parking

  • 1 Car Garage

Interior Spaces

  • 480 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

  • Security Deposit $2,200
  • Rent includes association dues
  • Available 4/13/20
  • Tax Lot 1
  • Assessor Parcel Number 5144023054

Community Details

Overview

  • Property has a Home Owners Association
  • 308 Units

Amenities

  • Community Barbecue Grill
  • Sauna
  • Card Room

Recreation

  • Sport Court
  • Community Spa

Pet Policy

  • Pet Deposit $100
  • Dogs and Cats Allowed

Security

  • Security Guard

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,780

Year Built

Built in 2017

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2020-04-13
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 100
  • Deposit Security: 2200
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Yes

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5144023054
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 480.00 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: 5.83
  • Room Type: Laundry
  • Spa Features: Community

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Sport Court, Gym/Ex Room, Clubhouse, Card Room, Guard
  • Senior Community: No
  • Community Features: Street Lights, Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Walkstreet

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Negotiable
  • Number Of Units In Community: 308
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2017
Sold by
Greenland La Metropolis Development I Ll
Bought by
Yang Hanping and Chen Lei
Current Estimated Value
$570,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
3.75%
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
Yang Hanping $647,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yang Hanping $338,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Rented $2,800 +40.0% --
03/03/2021 03/03/21 Price Changed $2,000 -4.8% $4 / Sq Ft
02/15/2021 02/15/21 For Rent $2,100 -12.5% --
09/11/2018 09/11/18 Rented $2,400 -7.7% --
08/03/2018 08/03/18 For Rent $2,600 -- --
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 $8,780 $736,170 $184,325 $551,845
2024 $8,780 $721,736 $180,711 $541,025
2023 $8,609 $707,585 $177,168 $530,417
2022 $8,206 $693,712 $173,695 $520,017
2021 $8,105 $680,111 $170,290 $509,821
2019 $7,859 $659,940 $165,240 $494,700
2018 $7,877 $647,000 $162,000 $485,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2021

    Rega Management

    REGA Management

    (626) 331-1869

    Rega Management
    Section Image
  • Yvonne Neustadter

    Landlord's Co-Listing Agent in 2021

    Yvonne Neustadter

    The Property Lab, Inc.

    (310) 248-0047

    24 in this area

    48 Total Sales

    Yvonne Neustadter
    Section Image
  • Abraham Hernandez

    Buyer's Agent in 2018

    Abraham Hernandez

    Loftway

    (323) 356-6268

    24 in this area

    31 Total Sales

    Abraham Hernandez
    Section Image
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About Metropolis Los Angeles - Tower I

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21031463

California Regional Multiple Listing Service (CRMLS)

APN: 5144-032-054

California Los Angeles County Los Angeles 90017 Downtown LA

889 Francisco St Unit 2805, Los Angeles, CA

This home is located at 889 Francisco St Unit 2805, Los Angeles, CA 90017 since 15 February 2021 and is currently priced at $570,512. This property was built in 2017. 889 Francisco St Unit 2805 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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