NOT LISTED FOR SALE

Metropolis Los Angeles - Tower I 889 Francisco St Unit 3005 Los Angeles, CA 90017

Downtown LA Neighborhood

Estimated Value: $447,428 - $648,000

-- Bed
1 Bath
531 Sq Ft
$817/mo HOA Fee

Last Sold October 03, 2019

Last sale price $500,000 $942 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,078/month

147 Days on Market

Highlights

  • 24-Hour Security
  • City View
  • Banquet Facilities
  • In Ground Pool
  • Wood Flooring
  • Built-In Features

About This Home

As of October 2019

High Floor DTLA 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: 04/02/2019

Co-Listed By

Ei Oh Chang

License #01870603

Last Buyer's Agent

Lapchih Fan

LF8 Real Estate Inc. License #01928123 Listed on: 04/02/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,469

Year Built

  • Built in 2017

Lot Details

  • 2.27

HOA Fees

  • $817 Monthly HOA Fees

Home Design

  • Entry on the 30th floor

Interior Spaces

  • 531 Sq Ft Home
  • Built-In Features
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Banquet Facilities

Recreation

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,469

Year Built

Built in 2017

Lot Details

0

HOA Fees

$817 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Advertising Remarks: High Floor DTLA 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.
  • Complex Name: Metropolis Tower 1
  • Entry Floor: 30
  • Living Area: 531
  • Planned Urban Dev: 0
  • Stories: 40
  • Unit Floor In Building: 30
  • Year Built: 2017
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1090.40

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned
  • Total Parking: 1

Utilities

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

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Banquet
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 817.00
  • Management Company: First Service Residential
  • Mgmt Co 2: LF8 Real Estate
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Geocode Override: No

Multi Family

  • Number Of Units: 308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Sep 25, 2019
Sold by
Meng Ying
Bought by
Melikian Jessica
Seller's Agent
Lapchih Fan
LF8 Real Estate Inc.
Buyer's Agent
Lapchih Fan
LF8 Real Estate Inc.
List Price
$579,000
Sold Price
$500,000
Premium/Discount to List
-$79,000
-13.64%
Current Estimated Value
$510,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,857
Avg. Annual Appreciation
0.41%
Original Mortgage
$475,000
Interest Rate
3.5%

Purchase Details

Closed on
Jan 27, 2017
Sold by
Greenland La Metropolis Development I Ll
Bought by
Meng Ying

Purchase Details

Closed on
Jan 19, 2017
Sold by
Xu Rongpu
Bought by
Meng Ying
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
Melikian Jessica $500,000 Chicago Title Company
Meng Ying $651,500 Old Republic Title Company
Meng Ying -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melikian Jessica $480,000
Closed Melikian Jessica $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2019 10/03/19 Sold $500,000 -13.6% $942 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $579,000 0.0% $1,090 / Sq Ft
11/21/2017 11/21/17 Rented $2,295 0.0% --
11/10/2017 11/10/17 For Rent $2,295 -- --
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 $6,469 $546,819 $191,386 $355,433
2024 $6,469 $536,098 $187,634 $348,464
2023 $6,343 $525,587 $183,955 $341,632
2022 $6,045 $515,283 $180,349 $334,934
2021 $5,967 $505,180 $176,813 $328,367
2019 $8,069 $677,820 $169,585 $508,235
2018 $8,087 $664,530 $166,260 $498,270
Source: Public Records

Agents Affiliated with this Home

  • Lapchih Fan

    Seller's Agent in 2019

    Lapchih Fan

    LF8 Real Estate Inc.

    (213) 291-7805

    10 in this area

    21 Total Sales

    Lapchih Fan
    Section Image

  • E

    Seller Co-Listing Agent in 2019

    Ei Oh Chang

  • R

    Buyer's Agent in 2017

    Rachel Songer

    Lyon RE Natomas

  • A

    Buyer's Agent in 2017

    Arby Melikian

See All Agents

About Metropolis Los Angeles - Tower I

Map

Source: The MLS

MLS Number: 19-449572

The MLS

APN: 5144-032-074

California Los Angeles County Los Angeles 90017 Downtown LA

889 Francisco St Unit 3005, Los Angeles, CA

This home is located at 889 Francisco St Unit 3005, Los Angeles, CA 90017 since 02 April 2019 and is currently estimated at $510,857, approximately $962 per square foot. This property was built in 2017. 889 Francisco St Unit 3005 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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