877 Francisco Street 1516
Los Angeles, CA, 90017
$775,000
MLS: 26637247
Beds
1
Baths
2
Sq Ft
975
Lot
2.96 ac
Year Built
2017
MLS #
26637247
Days on Market
63
Listed
Jan 14, 2026
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.
Location
Los Angeles, Los Angeles County, CA 90017
Open on Google Maps ↗Listed by: A. Jessica Shin · GAIA
Payment estimate
$5,683
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $77,500 · Loan: $697,500
- Principal & Interest
- $4,286
- Property tax (1.25%)
- $807
- Homeowners insurance
- $300
- Mortgage insurance
- $291
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 $27,125 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
See Los Angeles, CA 90017 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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