877 Francisco Street, 1516, Los Angeles, CA 90017
877 Francisco Street, 1516, Los Angeles, CA 90017
Property Description
Welcome to Unit #1516 - RARE BALCONY UNIT, Perfect for enjoying a breathtaking combination of city skyline views, lush greenery amenities, and stunning sunsets. This beautifully designed 1-bedroom, 1-bathroom home offers refined urban living in one of Downtown Los Angeles' premier high-rise communities.Floor-to-ceiling windows with custom shades fill the home with natural light, complemented by 7.5-inch oak plank flooring and Nest-controlled central A/C and heating. The chef-style kitchen is appointed with Caesarstone countertops and premium Miele appliances, including an in-unit washer and dryer. The spa-inspired bathroom features a custom vanity and a soaking tub with stone surround.Residents enjoy over 1.7 acres of exclusive amenities, including a resort-style pool and hot tub, state-of-the-art fitness center with yoga and cycling rooms, clubhouse, billiards and game rooms, business and conference centers, dog park, and playground. 24-hour lobby security and direct access to Hotel Indigo and Metropole Restaurant enhance the luxury lifestyle.Ideally located with easy access to the 110, 101, and 5 freeways, and surrounded by DTLA's premier dining and entertainment. Additional parking available on a month-to-month basis.A truly special opportunity to own a balcony unit in Metropolis Tower 2 schedule a private showing today.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Los Angeles · Condominium
Listed 42.2% above the median closed sale of $545,000. Price per sqft ($795) is a 11% premium to closed comps ($719). Closed comps sold at 100% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 877 Francisco | Los Angeles | 2017 | 1 | 1 | 695 | 128,959 | $935 | $650,000 | 37 | 82 |
| 877 Francisco Street | Los Angeles | 2017 | 1 | 1 | 695 | 128,959 | $862 | $599,000 | 44 | 82 |
| 877 Francisco Street | Los Angeles | 2017 | 1 | 1 | 695 | 128,959 | $819 | $569,000 | 47 | 82 |
| 1234 Wilshire Boulevard | Los Angeles | 2006 | 1 | 1 | 700 | 71,352 | $536 | $375,000 | 2 | 76 |
| 1234 Wilshire Boulevard | Los Angeles | 2006 | 1 | 1 | 680 | 71,352 | $554 | $376,800 | 5 | 76 |
| Total: 5 · Average | 1.0 | 1.0 | 693 | 105,916.2 | $741.2 | $513,960 | 27 | |||
| Median | 695 | $569,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 118 Astronaut Ellison S Onizuka Street | Los Angeles | 2025 | 10/02/2026 | 1 | 1 | 807 | 18,029 | $550,000 | $510,000 | $632 | 0.93 | 163 | 78 |
| 620 Gramercy Place | Los Angeles | 1990 | 10/05/2026 | 2 | 2 | 979 | 51,555 | $519,000 | $519,000 | $530 | 1.00 | 160 | 76 |
| 2170 Century Parkway | Los Angeles | 1966 | 10/06/2026 | 2 | 2 | 1,053 | 223,100 | $999,000 | $1.00M | $952 | 1.00 | 61 | 74 |
| 4260 Via Arbolada | Los Angeles | 1985 | 10/02/2026 | 2 | 2 | 990 | 232,610 | $532,000 | $545,000 | $551 | 1.02 | 52 | 74 |
| 4411 Los Feliz Boulevard | Los Angeles | 1966 | 10/08/2026 | 1 | 1 | 778 | 93,238 | $685,000 | $725,000 | $932 | 1.06 | 68 | 74 |
| Total: 5 · Average | 1.6 | 1.6 | 921.4 | 123,706.4 | $660,320 | $660,320 | $719.4 | — | 100.8 | ||||
| Median | 979 | $545,000 | $545,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.