1111 S Grand Avenue 1111, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
1111 S Grand Avenue 1111
Los Angeles, California 90015
Property Price
SUMMARY
Analysis of 1111 S Grand Avenue 1111, Los Angeles, California 90015 is currently available with a list price of $525,000. 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.
Built in 2005, this loft is 19 years old, placing it within the 'Good' category for age. The property boasts significant modern upgrades including laminate wood floors, a custom California Closet, remote-controlled privacy shades, USB outlets, an Ecobee smart thermostat, and a custom kitchen island. The kitchen features stainless steel appliances, dark contemporary cabinetry, and granite countertops, all appearing well-maintained and stylish. The bathroom also presents a modern vanity, clean tiling, and good condition. The overall aesthetic is current and move-in ready, with no immediate renovations required, aligning perfectly with the 'Good' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Downtown Location
Proximity to major entertainment venues (LA Live, Crypto.com Arena), diverse dining, essential retail (Whole Foods, Target), and educational institutions (USC, ASU-FIDM) offers unparalleled urban convenience and lifestyle.
- LEED Gold Certified Building
Residing in Elleven, a LEED Gold certified green building, signifies modern construction standards, potential energy efficiency, and an environmentally conscious living environment.
- Modern Upgrades & Smart Home Features
The unit boasts desirable upgrades including laminate wood floors, a custom California Closet, remote-controlled privacy shades, USB outlets, an Ecobee smart thermostat, and a custom kitchen island, enhancing comfort and functionality.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fees
The association fee of $923.01 is substantial and represents a significant ongoing cost, which could impact affordability and budget planning for potential buyers.
- Loft-Style Open Floor Plan
While modern, the open floor plan inherent to loft living may lack traditional bedroom separation and privacy, which might not appeal to all buyers seeking distinct living spaces.
- Potential for Urban Noise/Traffic
Despite being on the 11th floor, the property's prime downtown location means residents may experience higher levels of urban noise and traffic, a common characteristic of metropolitan living.
About 1111 S Grand Avenue 1111
Premier urban loft located in Elleven - a cosmopolitan downtown LEED Gold certified green building in the exclusive South Park neighborhood. This spacious 950 sq. ft. loft on the 11th floor with city views is an open floor plan which includes a deeded storage unit and parking space. It has been upgraded with laminate wood floors, a custom California Closet, remote controlled privacy shades, outlets with USB ports/dimmer switches, Ecobee smart thermostat, custom kitchen island and ceiling fan. Well located near LA Live, Crypto.com Arena and countless restaurants such as Pine and Crane to satisfy any foody. It is within a short distance to Whole Foods, Ralphs, Target and The Bloc, to name a few. Nearby schools include ASU-FIDM with its Grand Hope Park and USC. Building amenities include an open terrace on the fourth floor with four grilling stations, a gated pool/spa and a fireplace to entertain friends and family. Elleven also offers owners the choice of installing EV chargers at their parking space. Come and explore this premier loft in downtown Los Angeles and make it yours!
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
- $923.01 / 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 | 950 | 990 | 44% |
| Lot Size | 38,857 | 41,217 | 29% |
| Price | $525.0K | $550.0K | 41% |
| Price per sq ft | $553 | $575 | 39% |
| Built year | 2005 | 2007 | 32% |
| HOA | $923.01 | $921 | 51% |
| Days on market | 107 | 213 | 5% |
Pricing History
Listed for Sale
Nov 19, 2025
$525,000
Initial Listing