
Los Angeles, California 90015
This Spacious Live/Work Loft is a Strong Value Opportunity, listed at $525,000—positioned well below the $552,816 Fair Market Value by 5%. This valuation gap offers $27,816 in Instant Equity for the buyer. Featuring a Fair Condition Rating with original finishes, the unit provides a flexible 1,400 sq. ft. layout with two side-by-side parking spaces and resort-style amenities. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime Downtown Los Angeles lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1100 S Grand A503 Subject | $525,000* List Price | 2 | 2 | 1,400 | $395 | - |
A 330 W 11th Street 703 Sold | $650,000 | 2 | 2 | 1,571 | $414 | 0.0 mi |
B 1130 S Flower Street 208 Sold | $530,000 | 1 | 2 | 1,260 | $421 | 0.2 mi |
C 1111 S Grand Avenue 605 Sold | $469,000 | 1 | 1 | 1,100 | $426 | 0.1 mi |
D 1130 S Flower Street 311 Sold | $555,000 | 1 | 2 | 1,316 | $422 | 0.2 mi |
E 1130 S Flower Street 215 Active | $565,000 List Price | 1 | 2 | 1,260 | $448 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old. While the unit is well-maintained and functional, the kitchen cabinetry and finishes appear original to the construction date, meeting the criteria for Fair condition due to age (>20 years) and dated aesthetic.
The 1,400 sq. ft. open-concept floor plan features two bedrooms plus a dedicated office, providing a flexible space ideal for creative professionals or those working from home.
The unit includes two rare side-by-side assigned parking spaces and access to extensive resort-style amenities, including a pool, fitness center, and sports courts.
Situated in the heart of Downtown LA, the property offers exceptional walkability to Crypto.com Arena, L.A. Live, and a wide array of high-end dining and entertainment.
The association fee of $1,473 per month is significantly high, which may impact the overall affordability and monthly carrying costs for potential buyers.
The assigned public middle and high schools have low ratings of 3/10, which could be a concern for families prioritizing public education quality.
Welcome to Grand Lofts, a premier live/work loft community in the heart of South Park, Downtown Los Angeles. This spacious unit 503 offers approximately 1,400 sq. ft. of open-concept living with exposed ceilings, plenty of windows providing abundant natural light, 2 bedrooms plus an office, and a flexible floor plan ideal for living, working from home, or a creative studio. The modern kitchen features countertops, stainless steel appliances, ample cabinetry, and opens seamlessly to the main living and dining areas—perfect for everyday living and entertaining. Additional highlights include two side-by-side assigned parking spaces, a highly desirable feature in Downtown LA. Grand Lofts offers an exceptional amenity package, including a resort-style pool and spa with panoramic city views, fitness center, beach volleyball court, basketball half-court, BBQ and outdoor entertaining areas, business center, dog park, and resident social and gaming lounges. Conveniently located near Crypto.com Arena, L.A. Live, USC, the Fashion District, South Park, and some of Downtown LA's best restaurants, shopping, entertainment, and nightlife, with easy access to major freeways and public transportation. Schedule your private tour today. Address: For GPS and property access, use 330 W. 11th Street, Los Angeles, CA 90015.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,400 | 1,243 |
| Lot Size | 18,472 | 24,016 |
| Price | $525.0K | $805.6K |
| Price per sq ft | $375 | $659 |
| Built year | 2005 | 1981 |
| HOA | $1473.0 | $684 |
| Days on market | 21 | 71 |
Jul 1, 2026
$525,000
Initial Listing
Nov 12, 2010
$393,500
Public Record
Nov 18, 2005
$648,000
Public Record