NOT LISTED FOR SALE

Metropolis Los Angeles - Tower I 889 Francisco St Unit 2507 Los Angeles, CA 90017

Downtown LA Neighborhood

Estimated Value: $585,241 - $598,000

-- Bed
1 Bath
480 Sq Ft
$1,232/Sq Ft Est. Value

Highlights

  • All Bedrooms Downstairs
  • 2.27 Acre Lot
  • Laundry Room
  • City Lights View
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of September 2023

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 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: 08/18/2023

Last Renter's Agent

Rega Management

REGA Management License #01498362 Listed on: 08/18/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,480

Year Built

  • Built in 2017

Lot Details

  • 2.27 Acre Lot
  • 1 Common Wall

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Studio

Interior Spaces

  • 480 Sq Ft Home
  • Living Room with Fireplace
  • City Lights Views

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • All Bedrooms Down
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Well
  • Private Sewer

Listing and Financial Details

  • Security Deposit $2,500
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 8/18/23
  • Tax Lot 3
  • Tax Tract Number 66352
  • Assessor Parcel Number 5144032026

Community Details

Overview

  • Property has a Home Owners Association
  • $49 HOA Transfer Fee
  • 36-Story Property

Recreation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,480

Year Built

Built in 2017

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-08-18
  • Credit Check Paid By: Owner
  • Deposit Key: 200
  • Deposit Security: 2500
  • Furnished: Unfurnished
  • Transfer Fees: 49.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAC2
  • Property Sub Type: Studio
  • Property Type: Residential Lease
  • Parcel Number: 5144032026
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 480.00 Square Feet
  • Stories: 36
  • Entry Location: front desk
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Entry Level: 25
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 5.21
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights
  • Pool Features: Association, Community
  • Pool Private: No

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: Dryer Included, Washer Included
  • Sewer: Private Sewer
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 98914.00
  • Lot Size Acres: 2.2708

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 98914.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 2077.10
  • Tax Lot: 3
  • Tax Tract Number: 66352

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
Ma Manman and Lyu Jie
Current Estimated Value
$591,310
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
Ma Manman $612,500 Old Republic Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Rented $2,500 0.0% --
08/18/2023 08/18/23 For Rent $2,500 +6.4% --
06/17/2022 06/17/22 Rented $2,350 -6.0% --
05/09/2022 05/09/22 Price Changed $2,500 +8.7% $5 / Sq Ft
05/06/2022 05/06/22 For Rent $2,300 +27.8% --
04/29/2021 04/29/21 Rented $1,800 -10.0% --
03/03/2021 03/03/21 Price Changed $2,000 -4.8% $4 / Sq Ft
02/10/2021 02/10/21 For Rent $2,100 -4.5% --
04/16/2019 04/16/19 Rented $2,200 -10.2% --
04/11/2019 04/11/19 Price Changed $2,450 -5.8% $5 / Sq Ft
12/28/2018 12/28/18 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 $8,480 $710,851 $177,566 $533,285
2024 $8,480 $696,914 $174,085 $522,829
2023 $8,316 $683,250 $170,672 $512,578
2022 $7,926 $669,854 $167,326 $502,528
2021 $7,828 $656,721 $164,046 $492,675
2019 $7,590 $637,244 $159,181 $478,063
2018 $7,610 $624,750 $156,060 $468,690
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2023

    Rega Management

    REGA Management

    (626) 331-1869

    Rega Management
    Section Image
  • Yvonne Neustadter

    Seller Co-Listing Agent in 2022

    Yvonne Neustadter

    The Property Lab, Inc.

    (310) 248-0047

    24 in this area

    48 Total Sales

    Yvonne Neustadter
    Section Image
  • Lapchih Fan

    Seller Co-Listing Agent in 2021

    Lapchih Fan

    LF8 Real Estate Inc.

    (213) 291-7805

    10 in this area

    21 Total Sales

    Lapchih Fan
    Section Image
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About Metropolis Los Angeles - Tower I

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23155094

California Regional Multiple Listing Service (CRMLS)

APN: 5144-032-026

California Los Angeles County Los Angeles 90017 Downtown LA

889 Francisco St Unit 2507, Los Angeles, CA

This home is located at 889 Francisco St Unit 2507, Los Angeles, CA 90017 since 18 August 2023 and is currently priced at $591,310. This property was built in 2017. 889 Francisco St Unit 2507 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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