1100 S Grand Avenue 109, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 2 bath
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Los Angeles, California 90015
This Industrial-Style Loft represents a Strong Value Opportunity, listed at $450,000—positioned well below the $480,858 Fair Market Value by 6%. This valuation gap offers $30,858 in Instant Equity. Featuring a Condition Rating of 3, the unit offers a functional, move-in ready space with two side-by-side parking spaces and access to premium amenities like a pool and spa. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-energy, urban lifestyle in the heart of DTLA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1100 S Grand Avenue 109 Subject | $450,000* List Price | 2 | 2 | 1,150 | $420 | - |
A 1130 S Flower Street 208 Sold | $530,000 | 1 | 2 | 1,260 | $421 | 0.2 mi |
B 1111 S Grand Avenue 605 Sold | $469,000 | 1 | 1 | 1,100 | $426 | 0.1 mi |
C 1130 S Flower Street 311 Sold | $555,000 | 1 | 2 | 1,316 | $422 | 0.2 mi |
D 330 W 11th Street C03 Active | $525,000 List Price | 2 | 2 | 1,320 | $398 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a 1923 industrial conversion with a renovation likely dating to the mid-2000s (~20 years old). The kitchen and baths are well-maintained with high-end stainless steel appliances and stone countertops. While the cabinetry style is slightly dated, the unit is functional, move-in ready, and benefits from modern building systems and amenities.
Situated in the heart of DTLA near Crypto.com Arena and LA Live, the property offers unparalleled access to world-class dining, entertainment, and major employment hubs like USC.
The inclusion of two side-by-side designated parking spaces is a significant value-add and a rare luxury for a downtown Los Angeles condominium, providing exceptional convenience.
Featuring 1,150 sq. ft. of open-concept living with soaring ceilings and dramatic windows, the loft perfectly blends historic 1923 character with modern luxury and flexible workspaces.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1150, other record living area = 1510.
The monthly association fee of $1,425 is substantial, which may impact buyer affordability and represents a significant ongoing expense compared to other units in the area.
Listed significantly below its previous sales history to trigger a bidding war, the entry price is deceptive and likely to result in intense competition and a much higher final closing price.
PRICED AGGRESIVELY to encourage multiple offers! Welcome to Grand Lofts - a work and live condo where industrial style, modern luxury, and downtown energy come together. Unit 109 delivers 1,150 sq. ft. of open-concept living with soaring ceilings, a dramatic wall of windows! This loft comes with two designated flexible bedroom spaces-including a loft-style room perfect for a home office, studio, or creative workspace. The kitchen elevates the space with a sleek matching countertop and backsplash paired with stainless steel appliances. Unit A109 comes with a total of 2 side-by-side parking spaces! Residents enjoy state of the art amenities: a pool and a spa with captivating city views, fitness center, beach volleyball court, basketball half-court, BBQ lounges, business center, dog park, and vibrant social and gaming lounges. Just steps from Crypto.com Arena, LA Live, USC, the Farmers Market, and DTLA’s top dining and nightlife, Grand Lofts puts you at the center of it all. Come and see this condo before it is sold! ADDRESS: To tour the condo, visit 330 W 11th Street, Los Angeles for its physical location.
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 | 1,150 | 1,243 |
| Lot Size | 18,472 | 24,016 |
| Price | $450.0K | $805.6K |
| Price per sq ft | $391 | $659 |
| Built year | 1923 | 1981 |
| HOA | $1425.0 | $684 |
| Days on market | 43 | 71 |
Jun 9, 2026
$450,000
Initial Listing
Apr 11, 2024
$990,000
Public Record
Jul 1, 2022
$1,050,000
Public Record
Aug 27, 2015
$765,000
Public Record
Mar 28, 2014
$685,000
Public Record