1111 S Grand Avenue 702, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

1111 S Grand Avenue 702, Los Angeles, California 90015 home-pic-0
ACTIVE$500,000
1111 S Grand Avenue 702, Los Angeles, California 90015
1Bed
1Bath
1,100Sqft
38,857Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Premier Location & Walkability: Situated in the vibrant South Park district, the property offers exceptional walkability, being steps away from major attractions like Crypto.com Arena, LA Live, Whole Foods, and top-rated dining and nightlife.
Top Cons:
High Monthly Association Fees: The association fee of $940.02 is substantial and represents a significant ongoing monthly expense, which could impact affordability for some buyers.

Compared to the nearby listings

Price:$500.0K vs avg $555.0K ($-55,000)33%
Size:1,100 sqft vs avg 1,035 sqft58%
Price/sqft:$455 vs avg $60313%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this property is 19 years old, fitting the 'Good' condition criteria. The loft-style condo is move-in ready with modern finishes, including beautiful hardwood floors and a 'chef’s kitchen' with granite countertops and stainless steel appliances, all appearing well-maintained. The in-unit laundry features high-end washer and dryer. While not newly renovated, all major systems and aesthetics are functional and contemporary, showing minimal wear and tear.
Year Built
2005
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$455
HOA
$940.02
Days on market
-
Sold On
-
MLS number
BB25125066
Home ConditionGood
Features
Good View: City Lights, Courtyard, Pool, Trees/Woods
Pool
Spa
Patio
ViewCity Lights,Courtyard,Pool,Trees/Woods

About this home

Experience the best of Downtown LA living in this stunning loft-style condo at Elleven, a premier high-rise in the vibrant South Park district. With 1,100 square feet of thoughtfully designed space, this west-facing home boasts panoramic floor-to-ceiling windows that fill the unit with golden afternoon light and offer serene views of the lush pool terrace below. The open-concept floor plan blends modern design with functionality, featuring beautiful hardwood floors, a private sleeping area with a custom sliding door, and a chef’s kitchen with granite countertops, a generous island, and stainless steel appliances—perfect for both casual dining and entertaining. A large in-unit utility room with a high-end washer and dryer adds to the home’s convenience and practicality. Beyond the walls of this sophisticated residence, Elleven offers an array of luxury amenities designed for effortless urban living. Enjoy a sparkling lap pool, hot tub, sundeck, and a sprawling half-acre outdoor terrace with BBQ and lounge areas—a rare oasis in the city. The 24-hour concierge and security, a chic clubhouse, and a multi-purpose lounge elevate the experience even further. Located just steps from Crypto.com Arena, LA Live, Whole Foods, and some of LA’s top-rated dining and nightlife, this residence puts you at the epicenter of growth and excitement. With billions of dollars in upcoming developments and infrastructure upgrades ahead of the 2026 FIFA World Cup and 2028 Summer Olympics, the future of Downtown LA has never been brighter. Whether you’re seeking a stylish urban retreat or a smart investment in a rapidly appreciating market, this home is an opportunity you won’t want to miss. Schedule a private tour today!

Price History

Date
Event
Price
10/29/15
Sold
$605,000
04/25/07
Sold
$515,000
Condition Rating
Good

Built in 2005, this property is 19 years old, fitting the 'Good' condition criteria. The loft-style condo is move-in ready with modern finishes, including beautiful hardwood floors and a 'chef’s kitchen' with granite countertops and stainless steel appliances, all appearing well-maintained. The in-unit laundry features high-end washer and dryer. While not newly renovated, all major systems and aesthetics are functional and contemporary, showing minimal wear and tear.
Pros & Cons

Pros

Premier Location & Walkability: Situated in the vibrant South Park district, the property offers exceptional walkability, being steps away from major attractions like Crypto.com Arena, LA Live, Whole Foods, and top-rated dining and nightlife.
Extensive Luxury Amenities: Elleven provides an array of high-end amenities including a lap pool, hot tub, sundeck, a sprawling half-acre outdoor terrace with BBQ and lounge areas, 24-hour concierge and security, a chic clubhouse, and a multi-purpose lounge.
Modern & High-Quality Interior Finishes: The loft-style condo features an open-concept floor plan, beautiful hardwood floors, a chef’s kitchen with granite countertops, a generous island, stainless steel appliances, and a convenient in-unit utility room with high-end washer and dryer.
Strong Investment & Appreciation Potential: Located in a rapidly appreciating market with billions in upcoming developments and infrastructure upgrades for the 2026 FIFA World Cup and 2028 Summer Olympics, indicating significant future value growth.
Abundant Natural Light & Appealing Views: West-facing with panoramic floor-to-ceiling windows, the unit is filled with golden afternoon light and offers serene views of the lush pool terrace, city lights, courtyard, and trees.

Cons

High Monthly Association Fees: The association fee of $940.02 is substantial and represents a significant ongoing monthly expense, which could impact affordability for some buyers.
Loft-Style Privacy Limitations: While featuring a custom sliding door for the sleeping area, the inherent open-concept, loft-style design may offer less traditional privacy compared to a fully enclosed, separate bedroom.
Limited Market Appeal for Larger Households: As a 1-bedroom unit, it primarily caters to singles or couples, potentially limiting its appeal to buyers seeking more bedrooms or space for a growing family.

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