1111 S Grand Avenue 518, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 2 bath

1111 S Grand Avenue 518, Los Angeles, California 90015 home-pic-0
ACTIVE$1,299,000
1111 S Grand Avenue 518, Los Angeles, California 90015
2Beds
2Baths
2,070Sqft
38,857Lot
Year Built
2005
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$628
HOA
$1,072.44
Days on market
-
Sold On
-
MLS number
SR25123210
Home ConditionGood
Features
Good View: City Lights
Pool
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $1.30M(78th), sqft - 2070(88th), beds - 2(57th), baths - 2(55th).

Beautiful and Luxurious Rare Corner Unit located in Downtown of Los Angeles. Built in 2005, this unit features 2,070 sq.ft. of living space boasting 2 expansive bedrooms and 2 bathrooms. Key feature is the massive living room with window walls surrounding the floor plan. Kitchen and dining area is conveniently located next to the living room for convenience. Kitchen features granite counter tops along an expansive island with a breakfast bar. Entrances of bedrooms are uniquely designed with exceptional space for comfort. Both bedrooms include a private bathroom and a gracious walk-in closet. Separate room for indoor laundry is available for convenient daily chores. This condominium features a lap pool, outdoor fireplace with lounge seating, barbecue area, outdoor terrace, private gated parking, and also street level retail spaces. This house is very conveniently located near Whole Foods, Ralphs, Macy's, Target, and familiar restaurants and shops along with markets for groceries. Furthermore Close to Renowned Disney Concert Hall, Staples Center. and LA live Ctr. Come see this gem before it's too late! Refrigerator, Washer/Dryer Included.

Price History

Date
Event
Price
07/02/10
Sold
$770,000
06/22/09
Sold
$645,000
Condition Rating
Good

Built in 2005, this condominium is 19 years old, falling perfectly within the 'Good' condition criteria for age. The unit features a modern kitchen with granite countertops and stainless steel appliances, and hardwood flooring throughout the main living areas and bedrooms, all appearing well-maintained. While the bathroom tiling shows a style consistent with its build year (early 2000s), it is clean and functional, not requiring immediate renovation. The property is move-in ready with no significant deferred maintenance visible, and major systems appear to be within their expected lifespan.
Pros & Cons

Pros

Prime Downtown Location: Strategically located in Downtown Los Angeles, offering unparalleled walkability to major retail (Whole Foods, Ralphs, Macy's, Target), dining, and entertainment venues like the Disney Concert Hall, Staples Center, and LA Live.
Spacious & Luxurious Corner Unit: A rare, luxurious corner unit boasting 2,070 sq.ft. of living space with a massive living room featuring window walls, providing abundant natural light and an expansive feel.
Extensive Building Amenities: The condominium offers a comprehensive suite of amenities including a lap pool, outdoor fireplace with lounge seating, barbecue area, outdoor terrace, private gated parking, and convenient street-level retail spaces.
Modern Interior Features: The unit features a modern kitchen with granite countertops and an expansive island, two expansive bedrooms each with a private bathroom and walk-in closet, and a separate indoor laundry room with included appliances.
Desirable City Lights View: The property offers captivating city lights views, enhancing its appeal and providing a dynamic urban backdrop.

Cons

High Monthly Association Fee: The property carries a significant monthly association fee of $1,072.44, which adds a substantial recurring cost to ownership.
Potential for Urban Noise: As a downtown corner unit with extensive window walls, the property is inherently exposed to the ambient noise and activity of a bustling urban environment, which may not suit all preferences.
Lack of Private Outdoor Space: While the building offers communal outdoor terraces, the unit description does not indicate a private balcony or patio, which some buyers may desire in a luxury condominium of this size.

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