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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 home-pic-0
ACTIVE$1,540,000
1111 S Grand Avenue Ph3, Los Angeles, California 90015
2Beds
3Baths
1,950Sqft
38,845Lot
Year Built
2005
Close
-
List price
$1.54M
Original List price
$1.59M
Price/Sqft
$790
HOA
$1,064.78
Days on market
-
Sold On
-
MLS number
GD25091846
Home ConditionGood
Features
Excellent View: City Lights
Deck
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $1.54M(88th), sqft - 1950(88th), beds - 2(58th), baths - 3(77th).

An alluring Luxury PENTHOUSE unit with a sophisticated and modern design, set in the desirable Elleven Building in South Park of DTLA! This beautiful penthouse features sun-filled windows to soak in the showstopping panoramic scope of the city of Downtown Los Angeles and large balconies with dual access to rooms for more stunning city views. Lap in the city's luxury in master bedroom en-suite joined with an upgraded bathroom, dual sinks, and a separate shower and bathtub, designed to maximize relaxation.The send bedroom has an extravagantly built walk-in closet, mirrored doors, and full bathroom. The unit entails upgraded wood floors, a lovely kitchen with a large island perfect for hosting, built in refrigerator, luxurious stainless steel appliances, spacious dining area, bar area/wine cooler area, and a separate large furnished room with washer and dryer, shoe racks and cabinet. New paint all throughout the interior. This marvelous penthouse includes 2 premium side by side parking with EV charger on the first floor. Set in the desirable Elleven South Lofts Complex, this gorgeous penthouse is a must see in the heart of Downtown LA! Also, available for lease.

Price History

Date
Event
Price
08/04/25
$1,540,000
04/25/25
$1,590,000
04/24/23
Sold
$549,000
06/01/07
Sold
$476,000
Condition Rating
Good
This penthouse unit, built in 2005, is 19 years old, placing it within the 'Good' category's age range. The description highlights 'upgraded wood floors,' 'upgraded bathroom,' 'luxurious stainless steel appliances,' and 'new paint all throughout the interior,' indicating significant updates and excellent maintenance. The images confirm a sophisticated and modern design throughout, with high-quality finishes, contemporary light fixtures, and a well-appointed kitchen featuring integrated stainless steel appliances and a large granite island. The bathrooms are spacious and clean with modern vanities and separate tubs/showers. The property is clearly move-in ready with no immediate renovations required, and all visible components appear well-maintained with minimal wear and tear, aligning perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

Luxury Penthouse & Modern Design: An alluring luxury penthouse unit featuring a sophisticated and modern design, offering a premium living experience.
Panoramic City Views & Balconies: Sun-filled windows provide showstopping panoramic views of Downtown Los Angeles, complemented by large balconies with dual room access for enjoying the city lights.
Prime DTLA Location: Situated in the desirable Elleven Building in the South Park area of DTLA, offering excellent urban access and prestige.
High-End Interior Finishes & Upgrades: Features include upgraded wood floors, a lovely kitchen with a large island, luxurious stainless steel appliances, an upgraded master bathroom with dual sinks, separate shower and tub, and fresh interior paint throughout.
Premium Parking with EV Charger: Includes two premium side-by-side parking spaces on the first floor, equipped with an EV charger, a significant convenience in DTLA.

Cons

High Association Fees: The association fee of $1,064.78 per month is substantial and adds a significant ongoing cost to ownership.
Recent Price Reduction: The property has undergone a price reduction from its original list price of $1.59M to $1.54M, which may indicate initial overpricing or market resistance.
Limited Bedroom Count for Penthouse: While spacious at 1950 sqft, having only 2 bedrooms for a luxury penthouse unit might limit its appeal to buyers seeking more rooms or larger families.

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