1111 S Grand Avenue 1005, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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1111 S Grand Avenue 1005
Los Angeles, California 90015
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
1,100Sq Ft
38,857Lot Size
Property Price
LIST PRICE$529,000
EST. MARKET VALUE
$541,709
SUMMARY
This Turnkey Soft Loft is a Strong Value Opportunity, listed at $529,000—positioned well below the $548,410 Fair Market Value by 3%. This valuation gap offers $19,410 in Instant Equity. Featuring a Mint Condition Rating, the unit boasts brand new porcelain tile, upgraded stainless appliances, and panoramic downtown skyline views. Located in the heart of South Park, this residence offers a resort-style lifestyle with a pool and spa. It is an ideal acquisition for urban professionals or first-time buyers seeking a sophisticated, move-in-ready sanctuary.
Estimated Market Value
$541,709
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 1005 Subject 1 bd · 1 ba · 1,100 sqft · $492 | $529,000* List Price | 1 | 1 | 1,100 | $492 | - |
A 1100 South Hope St 1006 Sold 1 bd · 1 ba · 1,007 sqft · $497 · 0.0 mi | $500,000 | 1 | 1 | 1,007 | $497 | 0.0 mi |
B 1100 S Hope Street 914 Sold 1 bd · 1 ba · 947 sqft · $523 · 0.0 mi | $495,000 | 1 | 1 | 947 | $523 | 0.0 mi |
C 1111 S Grand Avenue 716 Sold 1 bd · 2 ba · 1,200 sqft · $404 · 0.0 mi | $485,000 | 1 | 2 | 1,200 | $404 | 0.0 mi |
D 1111 S Grand Avenue 605 Sold 1 bd · 1 ba · 1,100 sqft · $426 · 0.0 mi | $469,000 | 1 | 1 | 1,100 | $426 | 0.0 mi |
E 645 W 9th Street 406 Sold 1 bd · 1 ba · 754 sqft · $511 · 0.3 mi | $385,000 | 1 | 1 | 754 | $511 | 0.3 mi |
F 901 S Flower Street 714 Sold 1 bd · 1 ba · 910 sqft · $582 · 0.3 mi | $530,000 | 1 | 1 | 910 | $582 | 0.3 mi |
G 1155 S Grand Avenue 1103 Sold 1 bd · 2 ba · 1,120 sqft · $513 · 0.1 mi | $575,000 | 1 | 2 | 1,120 | $513 | 0.1 mi |
H 1130 S Flower Street 208 Sold 1 bd · 2 ba · 1,260 sqft · $421 · 0.1 mi | $530,000 | 1 | 2 | 1,260 | $421 | 0.1 mi |
I 1111 S Grand Avenue 607 Active 1 bd · 1 ba · 1,100 sqft · $423 · 0.0 mi | $465,000 List Price | 1 | 1 | 1,100 | $423 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has been recently remodeled with brand new porcelain tile flooring, quartz countertops, and upgraded stainless steel appliances. The bathroom features a new double vanity, and the HVAC system includes a new Nest thermostat. The unit is in mint, move-in-ready condition, meeting the criteria for a renovation under 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Interior Upgrades
The unit features high-end Cotto D'Este porcelain tile flooring, quartz countertops, and a remodeled double-sink vanity, providing a sophisticated, move-in-ready gallery aesthetic.
- Prime Urban Location
Located in the heart of South Park near LA Live and the Crypto.com Arena, the property offers unparalleled access to top-tier dining, entertainment, and a resort-style amenity package.
- Expansive Living Space & Views
Boasting 1,100 square feet of open 'soft loft' space, the unit features a west-facing wall of windows and a Juliet balcony that captures impressive downtown skyline views.
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 Association Fees
The monthly HOA fee of $1,050 is relatively high, which may increase the total cost of ownership and impact overall affordability for some buyers.
- Open Loft Layout
The 'soft loft' configuration typically lacks the acoustic and visual privacy of a traditional one-bedroom apartment, which may not appeal to all residents.
About 1111 S Grand Avenue 1005
Bright & Spacious Upper-Floor "Soft Loft" boasting a west facing wall of windows, featuring DOWNTOWN LA SKYLINE VIEWS via a Juliet Balcony exposed by a lovely set of French Sliders allowing in beautiful seasonable breezes year around. 1100sf of freshly painted and wide open JUST REMODELED comfort in South Park's 2006 LEED CERTIFIED "Elleven" building. This sustainable "Green" bldg offers exposed 12" ductwork, central HVAC, New Nest Thermostat at 13' high soaring ceilings. BRAND NEW Cotto D'Este large Porcelain "format" tile flooring w/Kerlite throughout giving this condo a powerful gallery feel, tasteful coordinating light fixtures, upgraded stainless steel appliance package, quartz countertops and wood-grain Euro cabinets with soft close drawers. The bathroom vanity was upgraded to a "double sink" repeating the quartz countertops and soft close drawers along with a stylish hand held shower wand! A large dedicated laundry room with plenty of room for storage i.e. holidays items, bikes, luggage & beach toys! The home owners of Elleven enjoy beautifully manicured common areas, top notch 24-hr Security, impressive host lobby, concierge, onsite property management and an unmatched resort style amenity package: large pool, spa & sun deck, comfortable outdoor barbeque & lounge areas with water features and firepit! Sitting in the center of DTLA's South Park! The home of LA Live: The Crypt, The Peacock Theatre, Grammy Museum, Regal Cinema's and far too many highly rated restaurants, bars and lounges to mention here! So keep the car parked in your assigned, covered and secured space because it's all right here in your own personal urban oasis. a downtown lifestyle and just in time for the Olympics!
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
- $1050.0 / 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 | 1,100 | 1,252.996 |
| Lot Size | 38,857 | 26,029.603 |
| Price | $529.0K | $778.5K |
| Price per sq ft | $481 | $629 |
| Built year | 2005 | 1981 |
| HOA | $1050.0 | $676 |
| Days on market | 49 | 74 |
Pricing History
Listed for Sale
Sep 21, 2026
$529,000
Initial Listing
Sold
Jul 13, 2009
$360,000
Public Record
Sold
Jun 16, 2009
$309,000
Public Record