
Los Angeles, California 90015
This Turnkey Loft Residence is a Strong Value Opportunity, listed at $1,099,000—positioned well below the $1,154,720 Fair Market Value by 4%. This valuation gap offers $55,720 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the unit boasts a European-inspired kitchen with Miele appliances and custom Italian cabinetry. With its prime South Park location and City Lights views, this property is an ideal acquisition for Urban Professionals or Owner-Occupants seeking a sophisticated, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1111 S Grand Avenue 515 Subject 2 bd · 2 ba · 1,670 sqft · $598 | $999,000* List Price | 2 | 2 | 1,670 | $598 | - |
A 1111 S Grand Avenue 1211 Sold 2 bd · 2 ba · 1,780 sqft · $584 · 0.0 mi | $1,040,000 | 2 | 2 | 1,780 | $584 | 0.0 mi |
B 1111 S Grand Avenue 711 Sold 2 bd · 2 ba · 1,520 sqft · $722 · 0.0 mi | $1,098,000 | 2 | 2 | 1,520 | $722 | 0.0 mi |
C 900 W Olympic Boulevard 31i Sold 2 bd · 2 ba · 1,500 sqft · $777 · 0.3 mi | $1,165,125 | 2 | 2 | 1,500 | $777 | 0.3 mi |
D 1155 S Grand Avenue 508 Sold 2 bd · 2 ba · 1,480 sqft · $597 · 0.1 mi | $884,000 | 2 | 2 | 1,480 | $597 | 0.1 mi |
E 1111 S Grand Avenue 511 Active 2 bd · 2 ba · 1,520 sqft · $689 · 0.0 mi | $1,047,000 List Price | 2 | 2 | 1,520 | $689 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2005, the unit has been thoughtfully remodeled with high-end finishes including a European-inspired kitchen with Miele appliances and Italian cabinetry. The bathrooms feature modern quartz and Corian upgrades, and the overall condition is mint with no visible maintenance required.
Boasting 1,670 square feet, this residence offers a rare scale for DTLA, featuring a versatile open-concept floor plan that easily accommodates a home office or creative space.
The property features high-end finishes including a European-inspired kitchen with Miele appliances, custom Italian cabinetry, and tastefully upgraded bathrooms with Corian and quartz.
Situated in the highly sought-after Elleven building, the home is steps away from L.A. LIVE and Crypto.com Arena, offering the pinnacle of urban convenience and entertainment.
The monthly association fee of $1,176.09 is relatively high, which may impact the overall affordability and monthly carrying costs for potential buyers.
While the unit includes two parking spaces, they are in a tandem configuration, which can be less convenient for households with multiple daily commuters.
NEW PRICE! Exceptional opportunity to own 1,670 square feet of sophisticated loft-style living in the heart of Downtown Los Angeles! Located in the desirable Elleven building in South Park, this spacious 2-bedroom, 2-bathroom residence offers an impressive combination of contemporary design, generous living space, and urban convenience. The expansive open-concept floor plan features beautiful hardwood flooring, abundant natural light, and a stunning European-inspired kitchen complete with premium Miele appliances, imported Italian cabinetry, and sleek Silestone countertops. The spacious primary suite features a dramatic floor-to-ceiling entry and custom closet systems, while both bathrooms showcase upgraded vanities with Corian and quartz countertops. This desirable front-facing residence also features two Juliet balconies, creating a connection to the vibrant Downtown LA surroundings. The versatile second bedroom/den offers flexibility for guests, a home office, or additional living space. Additional highlights include two parking spaces and private storage. Enjoy living in the sought-after South Park neighborhood, just moments from L.A. LIVE, Crypto.com Arena, restaurants, entertainment, shopping, and everything Downtown Los Angeles has to offer. Offered at $999,000, this beautifully upgraded 1,670-square-foot loft presents an exciting opportunity to experience the DTLA lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,670 | 1,252.996 |
| Lot Size | 38,857 | 26,029.603 |
| Price | $999.0K | $778.5K |
| Price per sq ft | $598 | $629 |
| Built year | 2005 | 1981 |
| HOA | $1176.09 | $676 |
| Days on market | 87 | 74 |
Oct 29, 2026
$999,000
$1,099,000
-9% Price Drop
Initial Listing
Aug 14, 2026
$1,099,000
Initial Listing
Aug 10, 2021
$960,000
Public Record
Sep 1, 2015
$940,000
Public Record
Feb 4, 2014
$835,000
Public Record
Dec 10, 2007
$735,000
Public Record