1111 S Grand Avenue 1014, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
1111 S Grand Avenue 1014
Los Angeles, California 90015
Property Price
SUMMARY
Analysis of 1111 S Grand Avenue 1014, Los Angeles, California 90015 is currently available with a list price of $520,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and falls within the 10-20 year age bracket (built 2005). It features significant interior upgrades including hardwood flooring, updated kitchen countertops and drawers, electric blinds, and a smart thermostat. The kitchen and bathroom maintain a modern aesthetic with stainless steel appliances and high-quality finishes, showing minimal wear and tear consistent with a well-maintained luxury condominium.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the heart of South Park, the unit offers unparalleled access to world-class entertainment like Crypto Arena and LA Live, plus proximity to upcoming 2026 FIFA World Cup and 2028 Olympics venues.
- Exceptional Storage & Upgrades
The property features a rare private storage unit located directly in front of the designated parking space, complemented by modern interior upgrades including smart home technology and custom closet built-ins.
- Luxury Building Amenities
Residents benefit from 24/7 security and concierge services alongside resort-style facilities such as a heated pool, jacuzzi, and a large courtyard equipped with Viking BBQ grills.
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 $908 is relatively high for a one-bedroom unit, which may impact buyer affordability and overall return on investment.
- Market Value Depreciation
The current list price of $520,000 is significantly lower than the 2018 sale price of $620,000, suggesting a downward trend in equity or potential market volatility for the building.
About 1111 S Grand Avenue 1014
Premier Real Estate is proud to present you with this beautiful 1 bedroom, 1 bath unit. Located in the Luxurious ELLEVEN building in the highly desired South Park area of DTLA. This unit features a great unobstructed views of the city, upgraded hardwood floors, partially enclosed bedroom doors, upgraded counter tops and kitchen drawers, electric roll up blinds, smart thermostat, custom closet built-ins, in-unit storage room w/ washer and dryer, a designated parking space and a rare private storage located in front of the designated parking spot. Building Amenities include a heated pool, jacuzzi, large courtyard, Viking BBQ grills and Wi-Fi, 24/7 security and concierge. Within a few minutes, is the Crypto Arena (formerly Staples Center), LA Convention Center, Peacock Thearter, L.A. Live, Ralphs, Whole Foods, PICO metro station platform, Orange Theory, F45 Gym, John Reed Gym, Prank Bar, Pine and Crane, South Park Farmers Market (every Saturday), a Starbucks at the base of the building and much more. This unit will also be just steps away from many of the events of the 2028 Olympics and near the 2026 FIFA World Cup events.
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
- $908.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 960 | 990 | 44% |
| Lot Size | 38,857 | 41,217 | 29% |
| Price | $520.0K | $550.0K | 41% |
| Price per sq ft | $542 | $575 | 34% |
| Built year | 2005 | 2007 | 32% |
| HOA | $908.0 | $919 | 46% |
| Days on market | 26 | 213 | 2% |
Pricing History
Listed for Sale
Feb 8, 2026
$520,000
Initial Listing
Sold
Oct 31, 2018
$620,000
Public Record
Sold
Sep 11, 2015
$565,000
Public Record