1111 S Grand Avenue 607, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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1111 S Grand Avenue 607
Los Angeles, California 90015
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
1,100Sq Ft
38,857Lot Size
Property Price
LIST PRICE$465,000
EST. MARKET VALUE
$465,000
SUMMARY
This Turnkey Loft represents a Strong Value Opportunity, listed at $465,000—positioned well below the $497,993 Fair Market Value by 6%. This valuation gap offers $32,993 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit includes a comprehensive remodel with new hardwood floors and premium appliances. With a Walk Score of 95 and access to a lap pool and spa, this property is an ideal choice for Buy-and-Hold Investors or Owner-Occupants seeking a modern, move-in-ready urban lifestyle.
Estimated Market Value
$465,000
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1111 S Grand Avenue 607 Subject 1 bd · 1 ba · 1,100 sqft · $423 | $465,000* List Price | 1 | 1 | 1,100 | $423 | - |
A 1100 South Hope St 1006 Sold 1 bd · 1 ba · 1,007 sqft · $497 · 0.0 mi | $500,000 | 1 | 1 | 1,007 | $497 | 0.0 mi |
B 1111 S Grand Avenue 716 Sold 1 bd · 2 ba · 1,200 sqft · $404 · 0.0 mi | $485,000 | 1 | 2 | 1,200 | $404 | 0.0 mi |
C 1100 S Hope Street 914 Sold 1 bd · 1 ba · 947 sqft · $523 · 0.0 mi | $495,000 | 1 | 1 | 947 | $523 | 0.0 mi |
D 1111 S Grand Avenue 605 Sold 1 bd · 1 ba · 1,100 sqft · $426 · 0.0 mi | $469,000 | 1 | 1 | 1,100 | $426 | 0.0 mi |
E 645 W 9th Street 406 Sold 1 bd · 1 ba · 754 sqft · $511 · 0.3 mi | $385,000 | 1 | 1 | 754 | $511 | 0.3 mi |
F 1155 S Grand Avenue 1103 Sold 1 bd · 2 ba · 1,120 sqft · $513 · 0.1 mi | $575,000 | 1 | 2 | 1,120 | $513 | 0.1 mi |
G 1130 S Flower Street 208 Sold 1 bd · 2 ba · 1,260 sqft · $421 · 0.1 mi | $530,000 | 1 | 2 | 1,260 | $421 | 0.1 mi |
H 1100 S Grand A503 Sold 2 bd · 2 ba · 1,400 sqft · $356 · 0.1 mi | $499,000 | 2 | 2 | 1,400 | $356 | 0.1 mi |
I 1111 S Grand Avenue 1005 Active 1 bd · 1 ba · 1,100 sqft · $481 · 0.0 mi | $529,000 List Price | 1 | 1 | 1,100 | $481 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 2005, the property has undergone a recent comprehensive remodel featuring brand new appliances, new hardwood floors, fresh paint, and new lighting. The kitchen and bathroom are in mint condition, and the unit is move-in ready with modern HVAC systems and premium in-unit laundry.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Renovations
The loft features extensive recent upgrades including new hardwood flooring, premium appliances, and fresh paint, offering a modern, move-in-ready aesthetic for discerning buyers.
- Exceptional Walkability
Boasting a Walk Score of 95, the property is steps away from Whole Foods, Target, and diverse dining options, providing an ideal urban lifestyle in the heart of the Social District.
- Functional Loft Design
Unlike traditional open lofts, this unit includes a desirable enclosed bedroom and a large in-unit utility room, balancing industrial style with practical privacy and convenience.
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 Carrying Costs
The association fee of $1,014 per month is relatively high for a one-bedroom unit, which may impact buyer affordability and overall investment yield.
- Limited Elevation
Situated on the 6th floor, the unit offers a tree-line view rather than the expansive, high-floor city skyline vistas often sought after in Downtown Los Angeles high-rises.
About 1111 S Grand Avenue 607
This remodeled loft in the heart of the Social District has everything you are looking for in a loft. Enclosed bedroom, brand new appliances, new hardwood floors, fresh paint and new lighting. The large windows offer a serene tree line view with tons natural light. The kitchen area is open to the large living area, while an oversized in-unit utility room with premium washer and dryer adds exceptional convenience. Elleven is a 2006 LEED certified building with a lap pool, spa, sun terrace with BBQs and lobby. Parking is deeded. A short walk to Whole Foods, Target, tons of dining & entertainment options, the PICO train stop and much more. With a walk Score of 95 you may never need to drive again!
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
- $1014.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,100 | 1,252.996 |
| Lot Size | 38,857 | 26,029.603 |
| Price | $465.0K | $778.5K |
| Price per sq ft | $423 | $629 |
| Built year | 2005 | 1981 |
| HOA | $1014.0 | $676 |
| Days on market | 69 | 74 |
Pricing History
Listed for Sale
Sep 1, 2026
$465,000
Initial Listing
Sold
Dec 6, 2022
$14,000
Public Record
Sold
Mar 25, 2013
$558,000
Public Record