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 Spacious Modern Condominium represents a High-Potential Investment Opportunity, listed at $1,190,000—positioned well below the $1,249,436 Fair Market Value by 4%. This valuation gap offers $59,436 in Instant Equity for the buyer. Featuring a Good Condition Rating, the unit includes new wood floors, two balconies, and premium building amenities like a pool and spa. Its prime DTLA location near major event venues ensures strong demand, making this 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 | $1,190,000* List Price | 2 | 2 | 1,780 | $702 | - |
A 1100 S Hope Street 1501 Sold | $1,225,000 | 2 | 3 | 1,580 | $775 | 0.0 mi |
B 1155 S Grand Avenue 1403 Sold | $1,190,000 | 3 | 2 | 2,070 | $575 | 0.1 mi |
C 900 W Olympic Boulevard 33k Sold | $1,420,000 | 2 | 3 | 1,710 | $830 | 0.3 mi |
D 1050 S Grand Avenue 1901 Sold | $1,090,000 | 2 | 2 | 1,300 | $838 | 0.1 mi |
E 900 W Olympic Boulevard 31c Sold | $900,000 | 1 | 2 | 1,280 | $703 | 0.3 mi |
F 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 falls within the 10-20 year age bracket for 'Good' condition. It is well-maintained and move-in ready, featuring brand new wood floors and functional high-end stainless steel appliances. While the kitchen cabinetry and bath fixtures appear original to the building, they are in excellent functional shape with no visible deferred maintenance.
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 the upcoming global sporting events.
This high-floor unit features a generous 1,780 sqft open floor plan with newly installed wood floors and two private balconies offering expansive city and park views.
The inclusion of two side-by-side parking spaces is a rare find in Downtown LA, complemented by full-service building amenities including 24-hour security and a resort-style pool deck.
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, which significantly increases the monthly carrying costs for a prospective owner.
The property is marketed as a 2-bedroom but listed as a 1-bedroom in public records, which may create complications regarding appraisal values or buyer financing.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 56% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,780 | 1,260 | 85% |
| Lot Size | 38,857 | 44,583 | 26% |
| Price | $1.19M | $625.0K | 78% |
| Price per sq ft | $669 | $619 | 59% |
| Built year | 2005 | 2007 | 33% |
| HOA | $1192.29 | $1.0K | 67% |
| Days on market | 29 | 227 | 7% |
May 8, 2026
$1,190,000
Initial Listing
Jul 17, 2015
$1,095,000
Public Record