
Los Angeles, California 90015
This Luxury Corner Penthouse is a High-Potential Investment Opportunity, listed at $2,698,000—positioned well above the $2,241,504 Fair Market Value by -20%. While priced at a premium, the property features an Excellent Condition Rating and a rare 800-square-foot private terrace with panoramic city views. Situated in a LEED Gold-certified high-rise, it offers resort-style amenities and an unbeatable South Park location. This residence is an ideal acquisition for Luxury Real Estate Investors or Owner-Occupants seeking a sophisticated, high-rise lifestyle in the heart of Downtown Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1111 S Grand Avenue 1 Subject 2 bd · 3 ba · 2,660 sqft · $844 | $2,698,000* List Price | 2 | 3 | 2,660 | $844 | - |
A 900 W Olympic Blvd 46c Sold 3 bd · 4 ba · 2,650 sqft · $792 · 0.3 mi | $2,100,000 | 3 | 4 | 2,650 | $792 | 0.3 mi |
B 1155 S Grand Avenue 2109 Sold 2 bd · 3 ba · 2,400 sqft · $859 · 0.1 mi | $2,062,500 | 2 | 3 | 2,400 | $859 | 0.1 mi |
C 1155 S Grand Avenue 2002 Active 2 bd · 3 ba · 2,370 sqft · $844 · 0.1 mi | $1,999,500 List Price | 2 | 3 | 2,370 | $844 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property falls within the 10-20 year age range. The interior features well-maintained hardwood floors, modern industrial-chic concrete elements, and high-end bathroom finishes that remain functional and move-in ready. While the cabinetry and fixtures appear original to the build, they are in excellent condition and do not require immediate updates.
The rare 800-square-foot L-shaped private balcony offers an extraordinary outdoor living space with sweeping city views, a highly coveted and rare feature in Downtown high-rise living.
As a corner penthouse with soaring ceilings and floor-to-ceiling windows, the residence maximizes natural light and provides dramatic, unobstructed views of the Downtown Los Angeles skyline.
Situated in a LEED Gold-certified building in the heart of South Park, residents benefit from resort-style amenities and immediate proximity to premier dining, entertainment, and retail hubs like LA Live and Whole Foods.
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 monthly association fee of $1,337.93 represents a significant recurring expense that may impact the overall affordability and investment yield for some buyers.
Despite the generous 2,660 square feet of living space, the property only offers two bedrooms, which may limit its appeal to buyers requiring more partitioned sleeping quarters for families or guests.
Experience elevated Downtown LA living in this exceptional corner penthouse at 1111 S Grand Avenue, ideally situated in the heart of South Park. Rarely available, this distinctive residence features soaring ceilings and expansive floor-to-ceiling windows that fill the home with natural light while framing dramatic Downtown skyline views. The open-concept living and dining areas create an impressive sense of space, ideal for both everyday living and sophisticated entertaining. The true centerpiece is the approximately 800-square-foot L-shaped private balcony, an extraordinary outdoor space rarely found in Downtown high-rise living. Wrapping around the residence, the expansive terrace offers multiple areas for lounging, dining, and entertaining while enjoying sweeping city views, creating a seamless indoor-outdoor lifestyle high above Downtown LA. Additional highlights include side-by-side parking, a private storage unit, and flexible space ideal for a home office or personal retreat. Residents enjoy resort-style amenities including 24-hour security and controlled access, concierge service, pool and spa, outdoor lounges, BBQ areas, and an elegant resident lounge. Located in a LEED Gold-certified luxury high-rise, just moments from Crypto.com Arena, LA Live, Whole Foods, acclaimed restaurants, and premier entertainment, this exceptional penthouse brings together space, privacy, expansive outdoor living, and an unbeatable South Park location. A rare opportunity to own a true corner penthouse with one of its most compelling features: an extraordinary private terrace in the heart of Downtown Los Angeles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,660 | 1,252.996 |
| Lot Size | 38,857 | 26,029.603 |
| Price | $2.70M | $778.5K |
| Price per sq ft | $1.0K | $629 |
| Built year | 2005 | 1981 |
| HOA | $1337.93 | $676 |
| Days on market | 74 | 74 |
Aug 27, 2026
$2,698,000
Initial Listing
Aug 28, 2019
$2,050,000
Public Record