NOT LISTED FOR SALE

877 Francisco St Unit 821 Los Angeles, CA 90017

Downtown LA Neighborhood

Estimated Value: $445,000 - $558,000

-- Bed
1 Bath
503 Sq Ft
$488/mo HOA Fee

Last Sold January 31, 2023

Last sale price $470,000 $934 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,709/month

68 Days on Market

Highlights

  • Concierge
  • Steam Room
  • 24-Hour Security
  • Golf Course Community
  • Fitness Center
  • Newly Remodeled

About This Home

As of January 2023

Enjoy perfect city living in a large airy Studio at Metropolis Tower 2 facing east to DTLA's cityscape. #821 features extra tall ceilings with floor to ceiling windows. 1 designated parking space on the same floor of the unit for easy access! Metropolis is downtown LA's Urban Sanctuary, with breathtaking views in every direction. Enjoy the largest SkyPark in Los Angeles and you have Staples Center, Financial District, South Park and all of DTLA's exciting destinations at your doorstep. Exercise and entertain in the over 65,000 sf of indoor/outdoor clubhouse, MetNine featuring an off leash dog park, a sparkling Olympic sized pool and cabanas, and outdoor dining pavilions. Private cinema, expansive fitness center, billiards, yoga, spa/steam, and video business center only for residents. Indulge in a 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, Gas, Water, Trash provided with every home.

Last Listed By

Lapchih Fan

LF8 Real Estate Inc. License #01928123 Listed on: 10/26/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,876

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 3.9

HOA Fees

Interior Spaces

  • 503 Sq Ft Home
  • Wood Flooring
  • City Views

Kitchen

  • Oven or Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-033-066

Community Details

Overview

  • 544 Units
  • High-Rise Condominium
  • 42-Story Property

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Steam Room
  • Clubhouse
  • Billiard Room
  • Meeting Room
  • Elevator

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,876

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$488 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Advertising Remarks: Enjoy perfect city living in a large airy Studio at Metropolis Tower 2 facing east to DTLA's cityscape. #821 features extra tall ceilings with floor to ceiling windows. 1 designated parking space on the same floor of the unit for easy access!Metropolis is downtown LA's Urban Sanctuary, with breathtaking views in every direction. Enjoy the largest SkyPark in Los Angeles and you have Staples Center, Financial District, South Park and all of DTLA's exciting destinations at your doorstep. Exercise and entertain in the over 65,000 sf of indoor/outdoor clubhouse, MetNine featuring an off leash dog park, a sparkling Olympic sized pool and cabanas, and outdoor dining. Private cinema, expansive fitness center, billiards, yoga, spa/steam, and video business center in the clubhouse. Indulge in 5 star attentive residential concierge service, bicycle and guest parking, Gas, Water, Trash included.
  • Complex Name: Metropolis Tower 2
  • Entry Floor: 8
  • Living Area: 503
  • Lot Acreage: 3.9021
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 42
  • Unit Floor In Building: 8
  • Year Built: 2017
  • Builders Tract Name: Metropolis Tower 2
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: NewHome

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: Dryer, Hood Fan, Range/Oven, Washer, Dishwasher, Refrigerator, Garbage Disposal, Freezer, Ice Maker
  • Price Per S Q F T: 964.21

Exterior Features

  • Exposure: East
  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: 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, Billiard Room, Clubhouse, Concierge, Controlled Access, Conference, Elevator, Exercise Room, Fire Pit, Fitness Center, Golf, Guest Parking, Onsite Property Management, Outdoor Cooking Area, Steam Room, Spa, Security, Pool
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • HOA Fees: 145.21
  • HOA Fees: 343.24
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5144-033-066
  • Lot Size Area: 169975

Multi Family

  • Number Of Units: 544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Jan 24, 2023
Sold by
Revoca Todd and Revoca Andrew
Bought by
Guanzon Benjamin and Guanzon Guadalupe
Seller's Agent
Lapchih Fan
LF8 Real Estate Inc.
Buyer's Agent
Natalie Feldman
No Firm Affiliation
List Price
$485,000
Sold Price
$470,000
Premium/Discount to List
-$15,000
-3.09%
Total Days on Market
68
Views
35
Current Estimated Value
$489,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,448
Avg. Annual Appreciation
1.83%
Original Mortgage
$352,500
Outstanding Balance
$343,247
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$146,201

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
Guanzon Benjamin $470,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guanzon Benjamin $352,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $470,000 -3.1% $934 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
10/26/2022 10/26/22 For Sale $485,000 0.0% $964 / Sq Ft
10/22/2021 10/22/21 Rented $2,300 +9.5% --
10/14/2021 10/14/21 For Rent $2,100 -- --
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
2024 $5,876 $479,400 $143,820 $335,580
2023 $6,472 $536,098 $278,342 $257,756
2022 $6,167 $525,587 $272,885 $252,702
2021 $6,088 $515,283 $267,535 $247,748
2020 $6,234 $510,000 $264,792 $245,208
2019 $3,924 $325,122 $37,419 $287,703
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 22-210747

The MLS

APN: 5144-033-066