1111 S Grand Avenue 804, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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1111 S Grand Avenue 804
Los Angeles, California 90015
ACTIVE
CONDITION: FAIR
1Beds
1Baths
1,090Sq Ft
38,857Lot Size
Property Price
LIST PRICE$590,000
EST. MARKET VALUE
$538,512
9% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at $590,000, positioned above the $538,513 Fair Market Value by 9%. While the property carries a Fair Condition Rating due to its 2005 build date, it offers an expansive 1,090 sqft layout in the heart of South Park. Featuring City Lights views, a pool, and spa, this unit provides significant urban appeal. Despite the high association fees, the prime location near Crypto.com Arena ensures strong rental demand. This asset is ideal for Buy-and-Hold Investors or urban professionals seeking a metropolitan lifestyle.
Estimated Market Value
$538,512
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1111 S Grand Avenue 804 Subject | $590,000* List Price | 1 | 1 | 1,090 | $494 | - |
A 1111 S Grand Avenue 605 Sold | $469,000 | 1 | 1 | 1,100 | $426 | 0.0 mi |
B 1100 S Hope Street 911 Sold | $559,000 | 1 | 1 | 908 | $616 | 0.0 mi |
C 1100 S Hope Street 1507 Sold | $530,000 | 1 | 1 | 860 | $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 703 Sold | $720,000 | 2 | 2 | 1,090 | $661 | 0.3 mi |
F 1130 S Flower Street 311 Sold | $555,000 | 1 | 2 | 1,316 | $422 | 0.1 mi |
G 645 W 9th Street 712 Sold | $720,000 | 2 | 2 | 1,460 | $493 | 0.3 mi |
H 600 W 9th Street 516 Sold | $640,000 | 2 | 2 | 1,264 | $506 | 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2005, the property is 21 years old based on the 2026 listing date. Per the criteria, properties over 20 years old are considered 'Fair' as original systems and finishes are likely dated and approaching the end of their typical lifecycle, requiring minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime South Park Location
Situated in the highly desirable South Park district of Downtown LA, the property offers exceptional walkability to premier entertainment hubs like Crypto.com Arena, LA Live, and high-end dining.
- Expansive Living Space
At 1,090 square feet, this one-bedroom unit provides a significantly larger footprint than typical urban condos, offering a spacious and versatile open-concept layout.
- Vibrant Urban Views
The unit features 'City Lights' views that capture the iconic Los Angeles skyline, providing an attractive aesthetic backdrop that enhances the property's metropolitan appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- High Carrying Costs
The monthly association fee of $1,150 is relatively high for a one-bedroom unit, which may impact overall affordability and the pool of qualified buyers.
- Building Age and Competition
Built in 2005, the property faces stiff competition from newer luxury developments in the immediate area that offer more modern architectural styles and updated communal amenities.
About 1111 S Grand Avenue 804
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2005
- Lot Size
- 38,857 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1150.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,090 | 1,219.385 |
| Lot Size | 38,857 | 27,236.074 |
| Price | $590.0K | $800.2K |
| Price per sq ft | $541 | $650 |
| Built year | 2005 | 1979 |
| HOA | $1150.0 | $685 |
| Days on market | 112 | 72 |
Pricing History
Listed for Sale
May 20, 2026
$590,000
Initial Listing
Sold
Jul 1, 2009
$315,000
Public Record