1111 S Grand Avenue 1211, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 2 bath
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Los Angeles, California 90015
This Luxury Urban Condominium presents a Prime Investment Opportunity with a List Price of $1,140,000—positioned well below the $1,165,514 Fair Market Value by 2%. This valuation gap offers $25,514 in Instant Equity for the buyer. Featuring a Condition Rating of 3, this move-in ready residence includes new wood floors, two balconies, and side-by-side parking. With its high-floor City Lights view and proximity to L.A. Live, this is an ideal acquisition for Buy-and-Hold Investors or DTLA Professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1111 S Grand Avenue 1211 Subject | $1,140,000* List Price | 2 | 2 | 1,780 | $655 | - |
A 1155 S Grand Avenue 508 Sold | $884,000 | 2 | 2 | 1,480 | $597 | 0.1 mi |
B 1100 S Hope Street 1501 Sold | $1,225,000 | 2 | 3 | 1,580 | $775 | 0.0 mi |
C 900 W Olympic Boulevard 31c Sold | $900,000 | 1 | 2 | 1,280 | $703 | 0.3 mi |
D 1111 S Grand 1015 Active | $1,099,000 List Price | 2 | 2 | 1,670 | $658 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (19 years old), the property is well-maintained and move-in ready. It features recent upgrades including new wood floors throughout, while the kitchen and bathrooms remain functional and high-quality, consistent with the building's age.
Situated in the heart of South Park, the property offers unparalleled walkability to Crypto.com Arena, L.A. Live, and Whole Foods, positioning it perfectly for urban professionals and USC students.
Boasting a generous 1,780 sqft floor plan, this high-floor residence includes rare side-by-side parking spaces, providing a level of space and convenience seldom found in downtown condominium living.
The Elleven building provides comprehensive amenities including 24-hour security, on-site management, and an expansive 4th-floor terrace with a pool, spa, and Viking BBQs, enhancing the lifestyle value.
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. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The monthly association fee of $1,192.29 is substantial and may impact the overall affordability and debt-to-income ratios for budget-conscious buyers.
The property is marketed as a 2-bedroom but public records reflect it as a 1-bedroom, which could create complications during the appraisal process or with specific mortgage financing requirements.
NEW IMPROVED PRICE! Rare high-floor 2 bedroom (1 per public records) 2 bath home with new wood floors throughout the open floor plan. Two balconies facing east enjoy city views and overlook Wishbone Park. Includes 2 side-by-side parking spaces.The Elleven Bldg offers full-service amenities including: 24-hour front desk and security, on-site management, expansive 4th-floor terrace with pool and spa, Viking BBQs, fire pit, and multiple lounge areas. Just steps from: Crypto.com Arena, L. A. Live, Whole Foods Market, the weekly farmers market, and some of DTLA's top restaurants. Convenient access to Pico Metro, USC, and major upcoming global events including the 2026 World Cup, 2027 Super Bowl, and 2028 Olympics and now the Oscars! Great space and location for USC Students | DTLA Professionals.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,780 | 1,243 |
| Lot Size | 38,857 | 24,016 |
| Price | $1.14M | $805.6K |
| Price per sq ft | $640 | $659 |
| Built year | 2005 | 1981 |
| HOA | $1192.29 | $684 |
| Days on market | 75 | 71 |
Jun 28, 2026
$1,140,000
$1,190,000
-4% Price Drop
Initial Listing
May 8, 2026
$1,190,000
Initial Listing
Jul 17, 2015
$1,095,000
Public Record