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$649,000
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:
Competitive Pricing: Positioned as the 'BEST PRICED UNIT IN THE EVO' with one of the lowest price per square foot options in DTLA, indicating strong value, especially after two recent price reductions.
Top Cons:
High Association Fees: The association fee of $1034.21 per month is substantial and adds significantly to the overall cost of ownership, potentially impacting affordability for some buyers.

Compared to the nearby listings

Price:$649.0K vs avg $567.0K (+$82,000)60%
Size:1,120 sqft vs avg 1,035 sqft60%
Price/sqft:$579 vs avg $60342%

More Insights

Built in 2008 (17 years old).
Condition: The property was built in 2008, making it 17 years old, which falls within the 'Good' category's age range. The images and description highlight a 'Chef's Kitchen' and 'Spa-like Primary Bathroom' which appear modern, well-maintained, and feature contemporary finishes like dark wood cabinetry, white countertops, stainless steel appliances, and sleek fixtures. The flooring is consistent dark hardwood throughout, and the bathrooms boast stylish tiling and glass enclosures. All major components, including appliances and fixtures, appear to be in excellent condition with minimal wear and tear, making the unit move-in ready with no immediate renovations required.
Year Built
2008
Close
-
List price
$649K
Original List price
$720K
Price/Sqft
$579
HOA
$1,034.21
Days on market
-
Sold On
-
MLS number
SB25175460
Home ConditionGood
Features
Excellent View: City Lights
Pool
Spa
ViewCity Lights

About this home

BEST PRICED UNIT IN THE EVO - among the lowest price per square foot options in DTLA!! // OVERSIZED 1-BR with RARE SECOND BATHROOM // Located on the 11th floor with UNOBSTRUCTED SWEEPING CITY/SUNSET VIEWS // RARE 2 PARKING SPACES with EV charger // ABUNDANT CUSTOM STORAGE: 3 closets, walk-in pantry, laundry room w/ new washer & dryer + custom shelving // FLOOR-TO-CEILING WINDOWS w/ motorized shades // CHEF'S KITCHEN & SPA LIKE PRIMARY BATHROOM // Near elevator for PRIVACY & CONVENIENCE // EVO AMENITIES: 24/7 security, fitness center, resort-style pool & spa, lounge areas w/ grills & TVs, newly remodeled lobby, and professional management // Location: SOUTH PARK DTLA - Safest, cleanest, most walkable part of downtown steps to Whole Foods, L.A. Live, Crypto.com Arena, dining & nightlife. // NEIGHBORHOOD IS MONITORED, PATROLLED AND KEPT CLEAN DAILY BY AMBASSADORS OF THE SOUTH PARK BID PROGRAM! // THIS IS THE ONE!!!

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
Good

The property was built in 2008, making it 17 years old, which falls within the 'Good' category's age range. The images and description highlight a 'Chef's Kitchen' and 'Spa-like Primary Bathroom' which appear modern, well-maintained, and feature contemporary finishes like dark wood cabinetry, white countertops, stainless steel appliances, and sleek fixtures. The flooring is consistent dark hardwood throughout, and the bathrooms boast stylish tiling and glass enclosures. All major components, including appliances and fixtures, appear to be in excellent condition with minimal wear and tear, making the unit move-in ready with no immediate renovations required.
Pros & Cons

Pros

Competitive Pricing: Positioned as the 'BEST PRICED UNIT IN THE EVO' with one of the lowest price per square foot options in DTLA, indicating strong value, especially after two recent price reductions.
Exceptional Views: Located on the 11th floor, the unit offers unobstructed, sweeping city and sunset views, enhancing its desirability and living experience.
Premium Parking & EV Charging: Includes a rare offering of two parking spaces with an EV charger, a significant advantage and convenience in a dense urban environment like DTLA.
Abundant Storage & Modern Interior: Features abundant custom storage, including three closets, a walk-in pantry, and a laundry room with new appliances and custom shelving, complemented by floor-to-ceiling windows with motorized shades, a chef's kitchen, and a spa-like primary bathroom.
Prime Location & Building Amenities: Situated in South Park DTLA, known as the safest and most walkable part of downtown, steps away from Whole Foods, L.A. Live, and Crypto.com Arena. The EVO building offers comprehensive amenities including 24/7 security, a fitness center, resort-style pool & spa, and professional management.

Cons

High Association Fees: The association fee of $1034.21 per month is substantial and adds significantly to the overall cost of ownership, potentially impacting affordability for some buyers.
Single Bedroom Unit: Despite being an 'oversized 1-BR' with a rare second bathroom, it remains a single-bedroom unit, which may limit its appeal to a broader market, particularly families or those needing more dedicated living space.
Downtown Living Environment: While the location offers convenience, downtown living can entail higher noise levels, increased density, and a lack of private outdoor space, which may not be suitable for all lifestyle preferences.

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