1111 S Grand Avenue Ph1, Los Angeles, California 90015, Los Angeles, 90015 - 3 bed, 3 bath

1111 S Grand Avenue Ph1
Los Angeles, California 90015
Property Price
SUMMARY
Analysis of 1111 S Grand Avenue Ph1, Los Angeles, California 90015 is currently available with a list price of $2,850,000. 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
Property is move-in ready.
Built in 2005, this luxury penthouse falls within the 10-20 year age bracket for a 'Good' rating. The property is move-in ready and features high-end finishes including hardwood flooring, floor-to-ceiling windows, and a modern kitchen with premium stainless steel appliances and stone countertops. While the unit is exceptionally well-maintained and offers a massive private terrace, it does not meet the 'Excellent' criteria as there is no evidence of a full-scale renovation within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Massive Private Terrace
The rare 800-square-foot private balcony offers exceptional indoor-outdoor living space, a highly coveted and scarce feature in high-rise urban environments.
- Prime Corner Penthouse Layout
As a sought-after L-shaped corner unit, the residence features soaring ceilings and floor-to-ceiling windows that maximize natural light and panoramic skyline views.
- Elite South Park Location
Situated in the heart of Downtown LA's most prestigious neighborhood, the property is steps away from premier destinations like Crypto.com Arena, LA Live, and Whole Foods.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
Monthly association fees exceed $1,100, representing a substantial recurring expense that may impact the overall affordability for some buyers.
- Building Maturity
Constructed in 2005, the property is nearly 20 years old and may require modernization of interior finishes or face upcoming assessments for aging building systems.
- Urban Noise and Traffic
Proximity to major entertainment hubs and arenas can lead to increased noise levels and significant traffic congestion, particularly during high-profile event nights.
About 1111 S Grand Avenue Ph1
A rare opportunity to own a highly sought-after corner penthouse in the heart of Downtown Los Angeles' prestigious South Park neighborhood. Located at 1111 S Grand Avenue in a LEED Gold-certified luxury high-rise, this residence offers the perfect balance of sophistication, comfort, and convenience. Residents enjoy resort-style amenities including 24-hour security, controlled access, concierge service, pool, spa, outdoor lounge areas, BBQ spaces, and a beautifully designed resident lounge. This rarely available L-shaped corner penthouse features soaring ceilings and expansive floor-to-ceiling windows that fill the home with natural light while showcasing stunning Downtown skyline views. The open concept layout creates a seamless flow between the living and dining areas, offering both elegance and functionality for everyday living and entertaining. One of the most remarkable features of this home is the approximately 800 square foot private balcony, an extraordinary outdoor space rarely found in high-rise residences. Large enough to accommodate multiple seating areas and outdoor dining, it truly extends the living space outdoors. Whether enjoying a quiet morning coffee or hosting guests against the backdrop of the city lights, this terrace offers a level of indoor-outdoor living that is both rare and highly desirable. Additional highlights include non-tandem parking, a dedicated storage unit, and a thoughtfully designed floor plan that provides flexibility for a home office or private retreat. Ideally located just moments from Crypto.com Arena, LA Live, Whole Foods, renowned restaurants, and vibrant entertainment venues, this penthouse offers a refined urban lifestyle in one of Downtown LA's most dynamic neighborhoods.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2005
- Lot Size
- 38,857 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1170.26 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 1.0 | 90% |
| Baths | 3.0 | 1.0 | 80% |
| Square foot | 2,660 | 1,030 | 95% |
| Lot Size | 38,857 | 41,217 | 29% |
| Price | $2.85M | $550.0K | 98% |
| Price per sq ft | $1.1K | $589 | 98% |
| Built year | 2005 | 2007 | 32% |
| HOA | $1170.26 | $921 | 80% |
| Days on market | 24 | 213 | 2% |
Pricing History
Listed for Sale
Feb 10, 2026
$2,850,000
Initial Listing


























