1111 S Grand Avenue Ph3, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 3 bath
1111 S Grand Avenue Ph3
Los Angeles, California 90015
Property Price
SUMMARY
Analysis of 1111 S Grand Avenue Ph3, Los Angeles, California 90015 is currently available with a list price of $1,415,000. 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 penthouse falls within the 10-20 year age bracket for a 'good' rating. The unit is move-in ready and features upgraded bathrooms with custom tilework, a modern kitchen with stainless steel appliances, and well-maintained hardwood flooring. The property shows minimal wear and tear with high-end finishes that have been well-preserved.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Architectural Features
This rare penthouse boasts 14-foot floor-to-ceiling windows and an expansive north-to-south walk-out balcony, providing an abundance of natural light and elite urban outdoor space.
- Premium Parking Assets
The inclusion of two rare side-by-side parking spaces on the main level equipped with an EV charger offers significant convenience and value in a dense downtown environment.
- Prime DTLA Location
Situated in a Gold LEED-certified building within the Social District, the property offers an exceptional Walk Score with immediate access to Whole Foods, luxury dining, and major entertainment venues.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $1,065 represents a significant recurring expense that may impact the overall affordability and appeal for some buyers.
- Loft-Style Layout Limitations
The open loft concept, while modern and spacious, may offer less acoustic privacy compared to traditional residential layouts, which could be a drawback for certain household dynamics.
About 1111 S Grand Avenue Ph3
Welcome to modern urban living at ELLEVEN, this Gold LEED luxury building in the heart of DTLA's Social District, this rare Penthouse unit offers plenty of living space, 2 SIDE by SIDE parking spots & EV CHARGER!! huge north to south walk out balcony, tons of custom closets, 14 ft. floor to ceiling windows, hardwood flooring with open kitchen to living room spaces for all your live/work & entertaining needs. This open loft concept offers an enclosed main bedroom & 2nd enclosed bedroom ideal for office, den or second bedroom. Upgraded and spacious bathrooms with custom tilework and hardware. 2 parking spaces premium side by parking spots on the main level are rare. The Eleven offers: pool, spa, BBQ, sun deck, 24-hour concierge & controlled access lobby. Blocks from Peacock Theatre, Whole Foods, Ritz Carlton, FIDM, bars, restaurants, nightlife and the PICO metro station offer an amazing Walk Score!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2005
- Lot Size
- 38,857 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1065.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 59% |
| Baths | 3.0 | 1.0 | 80% |
| Square foot | 1,950 | 1,030 | 88% |
| Lot Size | 38,857 | 41,217 | 29% |
| Price | $1.42M | $550.0K | 83% |
| Price per sq ft | $726 | $589 | 78% |
| Built year | 2005 | 2007 | 32% |
| HOA | $1065.0 | $921 | 71% |
| Days on market | 23 | 213 | 2% |
Pricing History
Listed for Sale
Feb 11, 2026
$1,415,000
Initial Listing