1111 S Grand Avenue 1102, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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1111 S Grand Avenue 1102
Los Angeles, California 90015
ACTIVE
CONDITION: GOOD
1Beds
1Baths
1,100Sq Ft
38,857Lot Size
Property Price
LIST PRICE$499,900
EST. MARKET VALUE
$512,458
SUMMARY
This Spacious Modern Condominium is a Strong Value Opportunity, listed at $499,900—positioned well below the $516,296 Fair Market Value by 3%. This valuation gap offers $16,396 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring sustainable bamboo flooring and stainless steel appliances. With resort-style amenities, including a pool and 24-hour security, this unit is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, move-in ready DTLA residence.
Estimated Market Value
$512,458
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 1102 Subject | $499,900* List Price | 1 | 1 | 1,100 | $466 | - |
A 1100 S Hope Street 914 Sold | $495,000 | 1 | 1 | 947 | $523 | 0.0 mi |
B 1111 S Grand Avenue 605 Sold | $469,000 | 1 | 1 | 1,100 | $426 | 0.0 mi |
C 1155 S Grand Avenue 1103 Sold | $575,000 | 1 | 2 | 1,120 | $513 | 0.1 mi |
D 1130 S Flower Street 208 Sold | $530,000 | 1 | 2 | 1,260 | $421 | 0.1 mi |
E 1100 S Grand Avenue 109 Sold | $435,000 | 2 | 2 | 1,150 | $378 | 0.1 mi |
F 600 W 9th Street 305 Sold | $575,000 | 2 | 2 | 1,193 | $482 | 0.3 mi |
G 600 W 9th Street 1216 Sold | $625,000 | 2 | 2 | 1,264 | $494 | 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
Good
TeardownExcellent
Property is move-in ready.
Built in 2005 (21 years old), the property is well-maintained and move-in ready. While the kitchen and systems are original to the building, the high-quality bamboo flooring and stainless steel appliances remain functional and in good condition, fitting the 'well-maintained' criteria despite being just over the 20-year mark.
PROSSTRENGTHS & OPPORTUNITIES
- Prime DTLA Location & Amenities
Situated in the LEED-certified Elleven building in South Park, the residence offers 24-hour security and resort-style amenities within walking distance of the city's premier dining and cultural landmarks.
- Spacious Modern Interior
Boasting 1,100 square feet of living space, high ceilings, and sustainable bamboo flooring, this unit provides a significantly larger and more versatile footprint than typical one-bedroom condominiums.
- Attractive Value Proposition
Priced at $499,900—nearly $100,000 below its 2016 sale price—this property represents a rare opportunity to acquire a premium downtown residence at a highly competitive entry point.
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 $1,082.51 is substantial for a one-bedroom unit, which may impact overall affordability and debt-to-income ratios for prospective buyers.
- Historical Value Depreciation
The property’s current list price reflects a significant decrease from its previous sale price of $591,000, suggesting potential challenges in local market appreciation or building-specific resale trends.
About 1111 S Grand Avenue 1102
With a Walk Score of 94—earning the designation of a “Walker’s Paradise”—this 11th-floor residence at Elleven puts some of Downtown Los Angeles’ best shopping, dining, entertainment and transit remarkably close to home. Whole Foods, Ralphs, Target and Zara are just three blocks away, along with Crypto.com Arena and the dining, entertainment and events of L.A. LIVE. The Bloc and the 7th Street/Metro Center transit hub are only two blocks away, while acclaimed restaurants, neighborhood coffee shops and everyday conveniences surround you in every direction. Inside, the residence offers a peaceful retreat from the energy of the city. Set on a quiet upper level overlooking the tranquil pool and sun deck, the home pairs bright blue skies and urban views with the thoughtful, sustainable design for which Elleven is known. High ceilings, organic bamboo flooring and an open floor plan create a bright and exceptionally flexible living space, while the kitchen features modern stainless steel appliances. A private indoor laundry room and deeded parking add everyday convenience. Residents enjoy 24-hour security and a full suite of resort-style outdoor amenities, while the HOA’s prohibition on short-term stays helps preserve the residential character of the community. An exceptional combination of walkability, connectivity and calm in the heart of Downtown Los Angeles.
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
- $1082.51 / 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 | 1,219.385 |
| Lot Size | 38,857 | 27,236.074 |
| Price | $499.9K | $800.2K |
| Price per sq ft | $454 | $650 |
| Built year | 2005 | 1979 |
| HOA | $1082.51 | $685 |
| Days on market | 35 | 72 |
Pricing History
Listed for Sale
Aug 5, 2026
$499,900
Initial Listing
Sold
Jul 5, 2016
$591,000
Public Record