Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveStudio

889 Francisco Street 3205

Los Angeles, CA, 90017

1 / 27View all 27 photos

$498,000

MLS: AR26023460

Beds

0

Baths

1

Sq Ft

480

Lot

2.27 ac

Year Built

2017

MLS #

AR26023460

Days on Market

58

Listed

Feb 1, 2026

Description

Big Price Reduction! Motivated Seller! High-floor studio with stunning DTLA views at Metropolis, one of the most luxurious contemporary condominium communities in the heart of Downtown Los Angeles. This hotel-style residence features an open floor plan with a modern kitchen equipped with high-end BOSCH appliances, including microwave, oven, washer, and dryer. The unit offers approximately 10-foot ceilings, window coverings, a Nest-controlled system, and hardwood flooring throughout, and also includes one assigned parking space in a secured garage, offering rare convenience in DTLA. Residents enjoy world-class amenities in Tower 1, including concierge service, pool and spa, fitness center, dog park, movie room, conference and meeting rooms, billiards and game rooms, yoga studio, fire pits, and BBQ area. Metropolis also features the boutique Hotel Indigo, fine dining, a top-floor bar, and ground-level retail, all within walking distance to FIGat7th, LA Live, and Crypto.com Arena. Centrally located at the heart of the Greater Los Angeles metropolitan area, the property offers convenient access to San Gabriel Valley (SGV), USC, Koreatown, Hollywood, Santa Monica, and UCLA. Come experience the Metropolis lifestyle - this exceptional home is waiting to be yours. Don’t miss this rare opportunity.

Location

Los Angeles, Los Angeles County, CA 90017

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Listed by: Kuangkai Kuo · In Realty Inc.

Payment estimate

$3,759

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $49,800 · Loan: $448,200

%
Principal & Interest
$2,754
Property tax (1.25%)
$519
Homeowners insurance
$300
Mortgage insurance
$187
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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 $17,430 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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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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