1155 S Grand Avenue 505, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
1155 S Grand Avenue 505
Los Angeles, California 90015
Property Price
SUMMARY
Analysis of 1155 S Grand Avenue 505, Los Angeles, California 90015 is currently available with a list price of $595,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2008, this property falls within the 10-20 year age bracket for a 'good' rating. The unit is move-in ready with a modern kitchen featuring stainless steel appliances and stone countertops, elegant dark flooring, and well-maintained bathroom fixtures. The industrial-chic aesthetic with exposed concrete and high ceilings remains stylish and functional with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Boasting a Walk Score of 94, the property is situated in the heart of DTLA’s South Park, offering immediate access to Crypto.com Arena, LA Live, and premium grocery options like Whole Foods and Ralphs.
- Luxury Building Amenities
Residents enjoy high-end resort-style facilities at EVO, including a rooftop lounge with panoramic views, a top-floor gym, a heated pool, and 24-hour concierge services that define a premium lifestyle.
- Spacious & Functional Layout
At 1,050 square feet, this loft offers a generous floor plan featuring high ceilings, exposed concrete columns, and a versatile nook ideal for a home office or formal dining area.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $1,055.34 is relatively high for a one-bedroom unit, which may impact buyer affordability and overall investment yield.
- Underperforming Local Schools
The assigned public middle and high schools carry low ratings (3/10), which could be a drawback for families or long-term investors concerned with resale appeal to a broader demographic.
About 1155 S Grand Avenue 505
Step into one of EVO's most desirable layouts a sun-filled, east-facing 1-bedroom, 1-bath loft featuring uniquely high ceilings for this floorplan and floor, elegant dark floors, and exposed concrete columns. A versatile nook is perfect for dining or a home office, while the modern kitchen and long entryway lead seamlessly to the living area, full bathroom with tub/shower, and a separate storage room with stacked washer and dryer. Resort-style amenities make everyday living extraordinary: heated pool, spa, rooftop lounge with terrace and fireplace, outdoor dining areas, and a fully equipped top-floor gym with sweeping city views. Residents enjoy 24-hour front desk service, controlled access, gated assigned parking, and on-site management. Located in the heart of the South Park BID, just steps from Crypto.com Arena, LA Live, the South Park Farmers' Market, Whole Foods, Ralphs, Expo Line, restaurants, and entertainment. With a Walk Score of 94, this loft offers the ultimate Downtown LA lifestyle.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2008
- Lot Size
- 52,763 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1055.34 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ninth Street School
Grades K-5 • 1.0 mi
John H. Liechty Middle School
Grades 6-8 • 1.1 mi
Belmont Senior High School
Grades 9-12 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,050 | 1,030 | 54% |
| Lot Size | 52,763 | 44,570 | 56% |
| Price | $595.0K | $550.0K | 59% |
| Price per sq ft | $567 | $575 | 41% |
| Built year | 2008 | 2007 | 61% |
| HOA | $1055.34 | $921 | 71% |
| Days on market | 30 | 213 | 2% |
Pricing History
Listed for Sale
Feb 4, 2026
$595,000
Initial Listing