tomo logo

$480,000

Beds
1
Baths
1.0
sq ft
508

877 Francisco St Unit 1921, Los Angeles, CA 90017

877 Francisco St Unit 1921

Los Angeles, CA 90017

  • 94 days on market
Luxury studio in DTLA. The unit is on the 19th floor facing East and you'll enjoy the sunrise and has Downtown LA Views. The apartment features a spacious and stunning balcony. No freeway noise, walking distance to many restaurants and shops. Bedroom and lounging areas are distinguish from the seamless, modern kitchen and dining area. Curated, contemporary details include Caesarstone kitchen countertops, custom wood cabinetry, Miele & Bosch appliances, six-inch-wide oak flooring, Nest Learning Thermostats, and built-in power window shades. Washer-dryer inside unit. Residents enjoy an array of private 5-star amenities, including 24/7 lobby attendant and concierge. The ninth floor has a residence clubhouse, resort-style heated pool, jacuzzi, outdoor dining pavilions, fitness and yoga studio, sky garden, billiard, game and screening rooms, and dog park. Metropolis features three residential towers, the boutique Hotel Indigo and expansive retail spaces in the heart of DTLA. Wonderful and interesting place to live and work.

Details

Property type

Condominium

Est. home value

$537,706

Lot size

2.9605 acres

Price per sq ft

$945

Year built

2017

Monthly HOA fee

$597.68

Price History

08/22/2024
CRMLS

CRMLS #SR24103112

Removed
$480,000
08/22/2024
CRMLS

CRMLS #SR24175018

Listed
$480,000
05/21/2024
CRMLS

CRMLS #SR24103112

Listed
$480,000
-15.79%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Park

High school district: 

Other

Number of units in community: 

525

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

-$40,102
Asking price
$480,000
Closing costs (~8% of asking)
-$38,400
Est. remaining loan balance
-$481,702
Cash to seller
-$40,102

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

December 2021

Original loan amount

$513,000

Est. remaining balance

$481,702

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Maryam Khani

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 8:50 PM

Listing updated: 10/25/2024 at 1:20 PM

Listed by: Arezou Salarpour, Equity Union Phone #: (818) 989-2000

MLS: CRMLS #SR24175018

CRMLS logo

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