1155 S Grand Avenue 1103, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 2 bath

1155 S Grand Avenue 1103, Los Angeles, California 90015 home-pic-0
ACTIVE$629,000$1,120/sqft
1155 S Grand Avenue 1103, Los Angeles, California 90015
1Bed
2Baths
1,120Sqft
52,763Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Value Proposition: Positioned as the best-priced unit in The Evo and among the lowest price per square foot in DTLA, offering strong investment potential.
Top Cons:
Substantial Association Fees: The monthly association fee of $1300 is considerably high, impacting overall affordability and monthly carrying costs for a 1-bedroom unit.

Compared to the nearby listings

Price:$629.0K vs avg $560.0K (+$69,000)62%
Size:1,120 sqft vs avg 990 sqft60%
Price/sqft:$562 vs avg $60132%

More Insights

Built in 2008 (18 years old).
Condition: This unit, built in 2008, presents as virtually new due to extensive recent renovations. The kitchen features modern dark wood cabinetry, pristine white solid-surface countertops, and high-end stainless steel appliances (including a Smeg oven and Whirlpool refrigerator). The primary bathroom is truly 'spa-like' with contemporary marble-look tiling, a large glass-enclosed walk-in shower with modern black fixtures, and a sleek double vanity. The half-bath is equally updated. Dark hardwood flooring is consistent and in excellent condition throughout the living areas and bedroom. The description notes a 'new washer & dryer' and 'motorized shades,' further indicating recent upgrades. All components appear new or virtually new, meeting current quality standards with no visible wear or deferred maintenance, aligning with an extensively renovated property within the last 5 years.
Year Built
2008
Close
-
List price
$629K
Original List price
$629K
Price/Sqft
$562
HOA
$1,300
Days on market
-
Sold On
-
MLS number
26636445
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Landmark, Mountain(s)
Pool
Spa
ViewCity Lights,Hills,Landmark,Mountain(s)

About this home

Best priced unit in The Evo, among the lowest price per square foot options in DTLA. OVERSIZED 1-BR with second half bath for guests. Located on the 11th floor with unobstructed sweeping city and sunset views. 2 parking spaces with EV charging. Abundant custom storage with 3 closets, a walk-in pantry, and a large laundry room with a new washer & dryer and custom shelving. Floor to ceiling windows with motorized shades, spa like primary bathroom, near elevator for privacy and convenience. Evo amenities include 24/7 security, fitness center, resort-style pool & spa, lounge areas with grills & TVS. Newly remodeled lobby and professional management. Location: SOUTH PARK DTLA -the safest, cleanest, and most walkable part of downtown steps to Whole Foods, L.A. Live, Crypto Arena, dining & nightlife. NEIGHBORHOOD IS MONITORED PATROLLED AND KEPT CLEAN DAILY BY AMBASSADORS OF THE SOUTH PARK BID PROGRAM.

A
Amit Lalji
Listing Agent

Nearby schools

5/10
Ninth Street School
Public,K-51.0mi
3/10
John H. Liechty Middle School
Public,6-81.1mi
3/10
Belmont Senior High School
Public,9-121.4mi

Price History

Date
Event
Price
04/25/17
Sold
$710,000
Condition Rating
Excellent

This unit, built in 2008, presents as virtually new due to extensive recent renovations. The kitchen features modern dark wood cabinetry, pristine white solid-surface countertops, and high-end stainless steel appliances (including a Smeg oven and Whirlpool refrigerator). The primary bathroom is truly 'spa-like' with contemporary marble-look tiling, a large glass-enclosed walk-in shower with modern black fixtures, and a sleek double vanity. The half-bath is equally updated. Dark hardwood flooring is consistent and in excellent condition throughout the living areas and bedroom. The description notes a 'new washer & dryer' and 'motorized shades,' further indicating recent upgrades. All components appear new or virtually new, meeting current quality standards with no visible wear or deferred maintenance, aligning with an extensively renovated property within the last 5 years.
Pros & Cons

Pros

Exceptional Value Proposition: Positioned as the best-priced unit in The Evo and among the lowest price per square foot in DTLA, offering strong investment potential.
Premier DTLA South Park Location: Situated in the highly desirable, safe, and walkable South Park district, with immediate access to Whole Foods, L.A. Live, Crypto Arena, and vibrant dining/nightlife.
Luxurious Building Amenities: Residents benefit from 24/7 security, a state-of-the-art fitness center, resort-style pool & spa, lounge areas, and a newly remodeled lobby with professional management.
Stunning Unobstructed Views: Enjoy sweeping city and sunset views from the 11th floor, complemented by floor-to-ceiling windows, enhancing the living experience.
Generous Unit Features & Storage: An oversized 1-bedroom layout includes a convenient second half-bath, two EV-ready parking spaces, abundant custom storage (3 closets, walk-in pantry, large laundry room), and motorized window shades.

Cons

Substantial Association Fees: The monthly association fee of $1300 is considerably high, impacting overall affordability and monthly carrying costs for a 1-bedroom unit.
Single Bedroom Limitation: As a 1-bedroom unit, it may not accommodate buyers requiring additional bedrooms for family, guests, or a dedicated home office, limiting its appeal to a specific demographic.
Urban Living Environment: While a strength for some, the dense urban setting of DTLA can present challenges such as noise, traffic, and a lack of private outdoor space, which may not appeal to all buyers.
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