ActiveCondominium

877 Francisco Street 1506

Los Angeles, CA, 90015

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$1,049,000

MLS: P1-25338

Beds

2

Baths

2

Sq Ft

1,311

Lot

Year Built

2017

MLS #

P1-25338

Days on Market

93

Listed

Jan 8, 2026

Description

Priced below comparable developer units, with $20,000 in seller concessions toward closing costs or rate buydown, plus over $20,000 in completed upgrades already included. No blinds to order. No closets to install. No surprises.Welcome to luxury living at Metropolis Tower II in the heart of Downtown Los Angeles. This exceptional 2-bedroom, 2-bath corner residence at 877 Francisco Street, Unit 1506 offers 1,311 square feet of refined modern living with sweeping city views and thoughtful upgrades throughout.Developer units in this building require buyers to install closets and window treatments out of pocket, adding cost and weeks of delay before move-in. Residence 1506 is already done: Custom California Closets throughout, Wi-Fi connected automatic power blinds for privacy and convenience, Premium finishes and thoughtful upgrades throughout.Move in without the wait, the contractors, or the extra expense.The open-concept floor plan features elegant wood flooring and floor-to-ceiling windows showcasing expansive city views. The chef's kitchen is equipped with top-of-the-line Miele appliances, and Miele continues throughout the home, along with a generous center island ideal for entertaining.The spacious primary suite offers a spa-inspired bathroom with dual vanities and custom California Closets designed for maximum organization and storage.Residents of Metropolis Tower II enjoy access to one of the most impressive amenity collections in Los Angeles. The expansive outdoor amenity deck includes an Olympic-size pool, private cabanas, a glass-enclosed dining pavilion, outdoor kitchens, and a resident dog park, creating a true urban resort environment. Interior amenities include a private movie screening room, billiards lounge, state-of-the-art fitness center with yoga studio, and the stunning SkyLounge on the 21st floor offering panoramic city views.The building also offers 24-hour concierge service, secure access, and private parking, delivering a full-service luxury living experience in one of Downtown LA's premier towers.

Location

Los Angeles, Los Angeles County, CA 90015

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Listed by: Michael Robleto · COMPASS

Payment estimate

$7,587

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $104,900 · Loan: $944,100

%
Principal & Interest
$5,801
Property tax (1.25%)
$1,093
Homeowners insurance
$300
Mortgage insurance
$393
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $36,715 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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