1111 S Grand Avenue 605, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

1111 S Grand Avenue 605, Los Angeles, California 90015 home-pic-0

1111 S Grand Avenue 605

Los Angeles, California 90015

ACTIVE
CONDITION: GOOD
1Beds
1Baths
1,100Sq Ft
38,857Lot Size

Property Price

LIST PRICE$510,000

SUMMARY

Analysis of 1111 S Grand Avenue 605, Los Angeles, California 90015 is currently available with a list price of $510,000. 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

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features over $45,000 in designer upgrades, including bamboo flooring, custom smoked-glass sliding panels, and a modern kitchen with stainless steel appliances and granite countertops. While the building was constructed in 2005, the unit has been well-maintained with updated fixtures, recessed lighting, and a dedicated EV charger, fitting the criteria for a high-quality, well-maintained residence with functional major systems.

PROSSTRENGTHS & OPPORTUNITIES

  • Exceptional Investment Value

    Priced at $510,000, the property is listed significantly below its 2019 purchase price of $670,000 and the tax assessor's value, offering a rare equity opportunity in DTLA.

  • Premium Designer Upgrades

    Features over $45,000 in high-end improvements, including bamboo flooring and custom six-foot smoked-glass sliding panels that provide elegant bedroom privacy without sacrificing the open-loft feel.

  • Sustainability and Low Carry Costs

    Located in a LEED-Certified building, the unit boasts an incredibly low average electric bill of $25/month and includes a dedicated EV charger valued at $3,500.

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 Monthly HOA Dues

    The association fee of $941.87 is relatively high, which may deter budget-conscious buyers and impacts the overall monthly carrying cost.

  • Limited Acoustic Privacy

    As a 'soft-loft' with sliding glass panels rather than fixed floor-to-ceiling walls, the unit may offer less sound insulation between the living and sleeping areas.

About 1111 S Grand Avenue 605

Well below tax assessor's value and previous purchase price. Seize the opportunity before someone else does. Experience urban sophistication in this stunning 1,100 sq ft soft-loft residence at the LEED-Certified "Elleven" Building in Southpark, super low electric bill ($25/m). This spacious west-facing home showcases over $45,000 in designer upgrades, including beautiful bamboo flooring, custom six-foot smoked-glass sliding panels with a sleek stainless-steel header and solid-wood framing providing an elegant sense of bedroom privacy while maintaining an open, airy flow. Also included is a dedicated EV charger ($3500 value). The wall-to-wall windows fill the space with natural light and offer tranquil treetop views accompanied by the soothing sounds of the community's water feature below. The modern kitchen features stainless-steel appliances, granite countertops, and a stainless mosaic backsplash, perfect for both cooking and entertaining. Additional highlights include recessed lighting, a large laundry room with built-in storage, a custom closet organizer, and one assigned parking space conveniently located next to a private storage room, a rare and valuable amenity in DTLA living. Located in the vibrant South Park District, you're just steps away from LA Live, Crypto.com Arena (formerly Staples Center), Microsoft Theater, Ralphs, FIDM, and countless acclaimed restaurants, cafes, and lounges.

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
$941.87 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.01.0
50%
Baths1.01.0
50%
Square foot1,1001,030
54%
Lot Size38,85741,217
29%
Price$510.0K$550.0K
39%
Price per sq ft$464$575
20%
Built year20052007
32%
HOA$941.87$921
54%
Days on market42213
2%

Pricing History

Listed for Sale

Feb 18, 2026

$510,000

$529,000

-4% Price Drop

Initial Listing

Price Change

Jan 23, 2026

$529,000

Initial Listing

Sold

Sep 30, 2019

$670,000

Public Record

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