
Los Angeles, California 90015
This Spacious Downtown Condominium represents a Strong Value Opportunity, listed at $590,000—positioned slightly above the $586,646 Fair Market Value. While the property requires minor updates to modernize its Condition Rating of 4, its generous 1,090-square-foot floor plan provides a rare, expansive footprint in the South Park district. Featuring captivating City Lights views, this unit offers immediate access to premier entertainment hubs. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential urban residence in a vibrant metropolitan core.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1111 S Grand Avenue 804 Subject | $590,000* List Price | 1 | 1 | 1,090 | $538 | - |
A 1100 S Hope Street 911 Sold | $559,000 | 1 | 1 | 908 | $616 | 0.0 mi |
B 1100 S Hope Street 1506 Sold | $625,000 | 1 | 1 | 990 | $631 | 0.0 mi |
C 1100 Hopes Street 1408 Sold | $617,000 | 1 | 1 | 990 | $623 | 0.0 mi |
D 1130 S Flower Street 208 Sold | $530,000 | 1 | 2 | 1,260 | $421 | 0.1 mi |
E 1100 S Hope Street 1507 Sold | $530,000 | 1 | 1 | 860 | $616 | 0.0 mi |
F 645 W 9th Street 703 Sold | $720,000 | 2 | 2 | 1,090 | $661 | 0.3 mi |
G 1111 S Grand Avenue 702 Active | $475,000 List Price | 1 | 1 | 1,100 | $432 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old based on the 2026 listing date. According to the criteria, properties over 20 years old are considered dated and likely require minor updates to kitchens, bathrooms, or systems to remain competitive.
At 1,090 square feet, this one-bedroom unit offers a significantly larger footprint than typical downtown condominiums, providing ample room for a versatile open-concept layout or a dedicated home office.
Situated in the heart of the desirable South Park district, the property offers immediate proximity to premier entertainment hubs like Crypto.com Arena, LA Live, and high-end retail and dining.
The eighth-floor elevation provides captivating city light views, capturing the vibrant energy of the Los Angeles skyline and enhancing the overall metropolitan living experience.
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.
The association fee of $1,150 per month is substantial for a one-bedroom unit, which may impact the total monthly carrying costs and buyer qualification levels.
Constructed in 2005, the property faces stiff competition from a surge of newer luxury high-rises in the immediate area that feature more modern architectural finishes and updated amenity packages.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 2.0 | 44% |
| Square foot | 1,090 | 1,260 | 48% |
| Lot Size | 38,857 | 44,583 | 24% |
| Price | $590.0K | $617.0K | 48% |
| Price per sq ft | $541 | $616 | 40% |
| Built year | 2005 | 2007 | 36% |
| HOA | $1150.0 | $1.0K | 60% |
| Days on market | 25 | 214 | 4% |
May 20, 2026
$590,000
Initial Listing
Jul 1, 2009
$315,000
Public Record