1111 S Grand Avenue 706, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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Los Angeles, California 90015
This Spacious One-Bedroom Condominium represents a Strong Value Opportunity, listed at $620,000—positioned above the $578,022 Fair Market Value. While priced at a premium, the unit features a Good Condition Rating and includes over $78,000 in rare deeded assets, including two non-tandem parking spots, a private EV charging station, and an oversized storage unit. With 1,100 square feet of living space, this property offers a versatile layout for urban professionals. This is an ideal acquisition for Owner-Occupants seeking premium downtown amenities or Buy-and-Hold Investors prioritizing high-demand, feature-rich assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1111 S Grand Avenue 706 Subject | $620,000* List Price | 1 | 1 | 1,100 | $525 | - |
A 1111 S Grand Avenue 605 Sold | $469,000 | 1 | 1 | 1,100 | $426 | 0.0 mi |
B 1155 S Grand Avenue 1103 Sold | $575,000 | 1 | 2 | 1,120 | $513 | 0.1 mi |
C 1100 S Hope Street 911 Sold | $559,000 | 1 | 1 | 908 | $616 | 0.0 mi |
D 1130 S Flower Street 208 Sold | $530,000 | 1 | 2 | 1,260 | $421 | 0.1 mi |
E 645 W 9th Street 715 Sold | $588,000 | 2 | 2 | 960 | $613 | 0.3 mi |
F 645 W 9th Street 703 Sold | $720,000 | 2 | 2 | 1,090 | $661 | 0.3 mi |
G 1130 S Flower Street 311 Sold | $555,000 | 1 | 2 | 1,316 | $422 | 0.1 mi |
H 600 W 9th Street 1216 Sold | $625,000 | 2 | 2 | 1,264 | $494 | 0.3 mi |
I 1111 S Grand Avenue 702 Active | $475,000 List Price | 1 | 1 | 1,100 | $432 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, the property is approximately 19-21 years old, placing it in the 'Good' category. The interior features well-maintained bamboo flooring, modern industrial concrete walls, and updated amenities including an EV charging station. The unit appears move-in ready and functional with no visible signs of deferred maintenance.
The unit includes two rare, non-tandem parking spaces and the building's largest private storage unit, providing over $78,000 in added value and exceptional convenience for downtown living.
Equipped with a deeded EV charging station, a highly desirable and scarce amenity in the DTLA market that bypasses current installation backlogs and adds significant future-proof value.
With 1,100 square feet for a one-bedroom layout, this property offers a much larger footprint than standard urban condos, allowing for a more versatile and comfortable interior arrangement.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =38857, other record lot size in square feet = 38727.
The association fee of $1,084 per month is notably high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratios for prospective buyers.
The unit's view is restricted to the courtyard and trees, lacking the iconic high-rise city skyline or panoramic vistas often expected by luxury buyers in the South Park district.
RARE fully loaded unit comes with 2 PARKING Spots, LARGE Storage Unit and EV CHARGING station!! The price for all three additions is well over a $78,0000 value. Deeded are the stand alone extra large storage unit, 2 separate non tandem parking spots and EVC station. The EVC alone is on back log for installation and parking spots rarely come online for individual sale. The storage space is the largest layout in the building and can be accessed with no obstruction. A unit like this will not come on the market again and not at this price for a long time if ever. This is a must see!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,100 | 1,243 |
| Lot Size | 38,857 | 24,016 |
| Price | $620.0K | $805.6K |
| Price per sq ft | $564 | $659 |
| Built year | 2005 | 1981 |
| HOA | $1084.0 | $684 |
| Days on market | 5 | 71 |
Jul 17, 2026
$620,000
Initial Listing
Sep 9, 2022
$599,000
Public Record
Apr 30, 2007
$550,000
Public Record