1111 S Grand Avenue Ph3, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 3 bath
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Los Angeles, California 90015
This Rare Luxury Penthouse is a Prime Investment Opportunity, listed at $1,415,000—positioned below the $1,454,766 Fair Market Value by 2%. This valuation gap offers $39,766 in Instant Equity for a move-in ready asset. Boasting a Good Condition Rating, the residence features 14-foot floor-to-ceiling windows, upgraded bathrooms, and a panoramic city view balcony. With two side-by-side parking spots and an EV charger in a Gold LEED building, this turnkey residence ensures long-term value. It is perfectly suited for Urban Professionals or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1111 S Grand Avenue Ph3 Subject | $1,415,000* List Price | 2 | 3 | 1,950 | $746 | - |
A 1100 S Hope Street 1501 Sold | $1,225,000 | 2 | 3 | 1,580 | $775 | 0.0 mi |
B 900 W Olympic Boulevard 36j Sold | $1,675,000 | 2 | 3 | 2,110 | $794 | 0.3 mi |
C 1155 S Grand Avenue 1403 Sold | $1,190,000 | 3 | 2 | 2,070 | $575 | 0.1 mi |
D 1155 S Grand Avenue 1801 Sold | $1,800,000 | 2 | 3 | 2,350 | $766 | 0.1 mi |
E 900 W Olympic Boulevard 33k Sold | $1,420,000 | 2 | 3 | 1,710 | $830 | 0.3 mi |
F 1100 S Hope Street 716 Active | $1,280,000 List Price | 2 | 3 | 1,650 | $776 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
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.
The monthly HOA fee of $1,065 represents a significant recurring expense that may impact the overall affordability and appeal for some buyers.
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.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 56% |
| Baths | 3.0 | 2.0 | 78% |
| Square foot | 1,950 | 1,121.5 | 89% |
| Lot Size | 38,857 | 41,217 | 25% |
| Price | $1.42M | $621.0K | 81% |
| Price per sq ft | $726 | $616 | 72% |
| Built year | 2005 | 2007 | 22% |
| HOA | $1065.0 | $965 | 64% |
| Days on market | 70 | 214 | 6% |
Feb 11, 2026
$1,415,000
Initial Listing