110 S Grand Avenue A703, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 2 bath

110 S Grand Avenue A703, Los Angeles, California 90015 home-pic-0
ACTIVE$799,000
110 S Grand Avenue A703, Los Angeles, California 90015
2Beds
2Baths
1,571Sqft
18,472Lot
Year Built
2005
Close
-
List price
$799K
Original List price
$849K
Price/Sqft
$509
HOA
$1,100
Days on market
-
Sold On
-
MLS number
24471185
Home ConditionGood
Features
Good View: City Lights
Pool
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $799.0K(71th), sqft - 1571(73th), beds - 2(58th), baths - 2(56th).

This is a spacious, architecturally unique, two-bedroom, two-bathroom Penthouse located in the vibrant South Park neighborhood of Downtown Los Angeles. As you enter the home, you are immediately greeted by large expansive windows, 15' ceilings, and an abundance of natural light, all creating an inviting and airy atmosphere. Zoned live-work, the open loft style floorplan offers the ideal environment for professionals and creatives seeking a versatile live-work space with limitless opportunities. Bathrooms are large, each with a walk-in closet. The kitchen is modern in design, with stainless steel appliances and a large breakfast bar. Views are of the interior and to the South, overlooking the South Park Commons and city lights. In-unit laundry. Built-in 1923 and revitalized in 2005, Grand Lofts is a seven-story, sixty-six-unit condo conversion that stands tall and proud amongst the neighborhood giants. Grand Lofts offers resort-style amenities in collaboration with Aven and include an indoor/outdoor gym, multiple outdoor BBQ grills and dining areas, a half basketball court, a full beach volleyball court, a pool table and lounge area, private workspaces, a dog park, vending machines, and lunch room, and a true lap pool surrounded by cabanas and city views. Parking is assigned and side by side at Aven. Experience the charm of the neighborhood with a weekly farmers market. Discover nearby parks, cultural hotspots, and trendy hangouts that make this area a dynamic place to live and play. Whether you are seeking a cozy coffee shop or a lively nightlife scene, it's all within reach. Enjoy easy access to Crypto.com Arena, home of the Lakers, and an array of thrilling events. Catch a game, concert, or show- it's all just minutes from your front door. Great food, great entertainment, and a great community!

Condition Rating
Good

The property was revitalized in 2005, making its interior finishes and systems approximately 19 years old. This falls within the 'Good' category's criteria for properties built within 10-20 years or extensively renovated within 5-15 years, leaning towards the older end of 'Good'. The kitchen features modern stainless steel appliances and a contemporary design that is still appealing and functional. While the bathroom closets have basic wire shelving, the overall condition, as seen in the images and described, is move-in ready with no immediate renovations required. The hardwood floors appear well-maintained, and the loft-style aesthetic with high ceilings and exposed ductwork is consistent with its age and type.
Pros & Cons

Pros

Prime Downtown Location: Situated in the vibrant South Park neighborhood, offering unparalleled access to cultural hotspots, entertainment venues like Crypto.com Arena, dining, and a weekly farmers market.
Extensive Resort-Style Amenities: The Grand Lofts, in collaboration with Aven, provide a comprehensive suite of amenities including an indoor/outdoor gym, lap pool, sports courts, dog park, and private workspaces.
Versatile Live-Work Penthouse: A spacious, architecturally unique penthouse unit with 15' ceilings, expansive windows, abundant natural light, and live-work zoning, ideal for professionals and creatives.
Modern & Spacious Interior: Features a modern kitchen with stainless steel appliances, large breakfast bar, in-unit laundry, and generously sized bathrooms with walk-in closets.
City Views & Historic Charm: Offers desirable city lights views overlooking South Park Commons, housed within a revitalized 1923 building that blends historic character with modern conversion.

Cons

High Monthly Association Fee: The significant monthly association fee of $1100 could be a considerable ongoing expense for potential buyers.
Potential for Urban Noise: Located in a highly vibrant and central downtown area, the property may be subject to higher levels of urban noise from traffic, events, and city life.
Limited Private Outdoor Space: While the building offers extensive shared outdoor amenities, the unit itself likely has limited or no private outdoor space, which may not appeal to all buyers.

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