1155 S Grand Avenue 516, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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1155 S Grand Avenue 516
Los Angeles, California 90015
ACTIVE
CONDITION: GOOD
1Beds
1Baths
1,030Sq Ft
52,755Lot Size
Property Price
LIST PRICE$509,000
EST. MARKET VALUE
$481,654
5% AboveMARKET VALUE
SUMMARY
This Modern Condominium represents a Strong Value Opportunity, listed at $525,000—positioned well below the $527,146 Fair Market Value by 0.4%. This unit offers $2,146 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Gourmet Kitchen with Bosch appliances and Panoramic City Views. Residents enjoy elite amenities like an Infinity Lap Pool and Rooftop Gym. This property is an ideal acquisition for Owner-Occupants seeking a luxury lifestyle or first-time buyers prioritizing walkability.
Estimated Market Value
$481,654
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1155 S Grand Avenue 516 Subject 1 bd · 1 ba · 1,030 sqft · $468 | $509,000* List Price | 1 | 1 | 1,030 | $468 | - |
A 1100 S Hope Street 914 Sold 1 bd · 1 ba · 947 sqft · $523 · 0.1 mi | $495,000 | 1 | 1 | 947 | $523 | 0.1 mi |
B 901 S Flower Street 714 Sold 1 bd · 1 ba · 910 sqft · $582 · 0.3 mi | $530,000 | 1 | 1 | 910 | $582 | 0.3 mi |
C 1111 S Grand Avenue 716 Sold 1 bd · 2 ba · 1,200 sqft · $404 · 0.1 mi | $485,000 | 1 | 2 | 1,200 | $404 | 0.1 mi |
D 1111 S Grand Avenue 605 Sold 1 bd · 1 ba · 1,100 sqft · $426 · 0.1 mi | $469,000 | 1 | 1 | 1,100 | $426 | 0.1 mi |
E 645 W 9th Street 715 Sold 2 bd · 2 ba · 960 sqft · $613 · 0.4 mi | $588,000 | 2 | 2 | 960 | $613 | 0.4 mi |
F 1100 S Grand A503 Sold 2 bd · 2 ba · 1,400 sqft · $356 · 0.1 mi | $499,000 | 2 | 2 | 1,400 | $356 | 0.1 mi |
G 645 W 9th Street 406 Sold 1 bd · 1 ba · 754 sqft · $511 · 0.4 mi | $385,000 | 1 | 1 | 754 | $511 | 0.4 mi |
H 1100 S Grand Avenue 109 Sold 2 bd · 2 ba · 1,150 sqft · $378 · 0.1 mi | $435,000 | 2 | 2 | 1,150 | $378 | 0.1 mi |
I 1100 S Hope Street 1510 Active 1 bd · 1 ba · 1,030 sqft · $534 · 0.1 mi | $550,000 List Price | 1 | 1 | 1,030 | $534 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2008 (18 years old), the property falls within the 10-20 year age bracket. The unit is well-maintained and move-in ready, featuring a functional gourmet kitchen with Bosch appliances, quartz countertops, and a modern bathroom with glass enclosures.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Building Amenities
Located in the LEED Silver certified Evo building, the property offers elite amenities including a rooftop gym with skyline views, an infinity lap pool, and a 6th-floor outdoor kitchen terrace.
- Spacious Modern Layout
With 1,030 square feet of living space, this unit is exceptionally large for a one-bedroom, featuring floor-to-ceiling windows, a private balcony, and high-end Bosch appliances.
- Prime South Park Location
The residence boasts a high walkability score, situated moments away from world-class entertainment at Crypto.com Arena, LA Live, and premium grocery options like Whole Foods.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The association fee of $1,014 per month is a significant recurring expense that may impact the affordability and debt-to-income ratios for potential buyers.
- Low School Ratings
The assigned public middle and high schools carry low ratings (3/10), which could be a deterrent for families or impact long-term resale value to certain demographics.
About 1155 S Grand Avenue 516
Large, open, & bright sundrenched unit facing West with panoramic city views! Enjoy golden hour sunsets with floor to ceiling windows and large private balcony. Gourmet kitchen comes complete with Bosch oven/range, dishwasher, Quartz countertops, plenty of cabinet space & stainless steel refrigerator. Extra large bathroom with oversized vanity and glass enclosed bath/shower. Evo is an impeccably modern residence meticulously designed with some of the most advanced architecture in the city. 6th floor open terrace, full outdoor kitchen, 2 Viking grills, Infinity lap pool, jacuzzi, state of the art rooftop gym w/ skyline views. LEED Silver cert from U.S. Green Building Council. Short distance to world class entertainment venues, Crypto.com Center, LA Live, cafe's, upscale dining, Wholefoods/Ralphs, shopping, and much more! Parking, Water, trash, gas & internet included with HOA dues. Residents pay electricity separately.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2008
- Lot Size
- 52,755 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1014.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ninth Street School
Grades K-5 • 1.0 mi
5/10
John H. Liechty Middle School
Grades 6-8 • 1.1 mi
3/10
Belmont Senior High School
Grades 9-12 • 1.4 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,030 | 1,252.996 |
| Lot Size | 52,755 | 26,029.603 |
| Price | $509.0K | $778.5K |
| Price per sq ft | $494 | $629 |
| Built year | 2008 | 1981 |
| HOA | $1014.0 | $676 |
| Days on market | 102 | 74 |
Pricing History
Listed for Sale
Oct 10, 2026
$509,000
$515,000
-1% Price Drop
Initial Listing
Price Change
Sep 10, 2026
$515,000
$525,000
-2% Price Drop
Initial Listing
Price Change
Jul 30, 2026
$525,000
Initial Listing
Sold
Oct 29, 2009
$430,000
Public Record