
Los Angeles, California 90015
This Modern Industrial Loft is a Strong Value Opportunity, listed at $499,900—positioned well below the $521,205 Fair Market Value by 4%. This valuation gap offers $21,305 in Instant Equity for buyers. Featuring a Move-in Ready Condition Rating, the residence offers soaring ceilings, a sleek kitchen, and rare two side-by-side parking spaces. Located in South Park near LA Live, the building includes a pool and spa. This is an ideal acquisition for urban professionals or first-time buyers seeking lifestyle luxury and financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1100 S Grand Subject | $499,900* List Price | 2 | 2 | 1,150 | $453 | - |
A 1130 S Flower Street 311 Sold | $555,000 | 1 | 2 | 1,316 | $422 | 0.2 mi |
B 645 W 9th Street 318 Sold | $550,000 | 2 | 2 | 1,030 | $534 | 0.3 mi |
C 1111 S Grand Avenue 907 Sold | $500,000 | 1 | 1 | 1,100 | $455 | 0.1 mi |
D 1155 S Grand Avenue 311 Sold | $435,000 | 1 | 1 | 920 | $473 | 0.1 mi |
E 1111 S Grand Avenue 608 Sold | $470,000 | 1 | 1 | 1,040 | $452 | 0.1 mi |
F 330 W 11th Street A503 Active | $550,000 List Price | 2 | 2 | 1,400 | $393 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a well-maintained industrial-style loft that is move-in ready. It features modern luxury upgrades including a sleek kitchen with stainless steel appliances and matching stone countertops/backsplashes. While the building is historic (built in 1923), the interior reflects a high-quality conversion with contemporary fixtures, open-concept flooring, and well-preserved architectural details that do not require immediate renovation.
Situated in the heart of South Park, the property is steps away from Crypto.com Arena, LA Live, and premier dining, offering an unparalleled urban lifestyle.
Residents have access to a wide array of luxury amenities, including a pool, fitness center, and rare urban features like beach volleyball and basketball courts.
The inclusion of two side-by-side parking spaces is a significant value-add in Downtown Los Angeles, where parking is often limited or tandem.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1150, other record living area = 1450.
The association fee of $1,350 per month is relatively high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
The assigned public schools have low ratings (3/10 for middle and high school), which could be a deterrent for families prioritizing education quality.
PRICE REDUCED to encourage multiple offers! Welcome to Grand Lofts, where industrial style, modern luxury, and downtown energy come together. Unit A109 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!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 56% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,150 | 1,121.5 | 53% |
| Lot Size | 18,472 | 41,217 | 11% |
| Price | $499.9K | $595.5K | 22% |
| Price per sq ft | $435 | $608 | 11% |
| Built year | 1923 | 2007 | 3% |
| HOA | $1350.0 | $965 | 83% |
| Days on market | 82 | 214 | 6% |
Mar 27, 2026
$499,900
$550,000
-9% Price Drop
Initial Listing
Feb 27, 2026
$550,000
$625,000
-12% Price Drop
Initial Listing
Jan 30, 2026
$625,000
Initial Listing
Apr 25, 2022
$992,500
Public Record
Nov 22, 2010
$560,000
Public Record
Nov 23, 2005
$757,500
Public Record