1155 S Grand Avenue 516, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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Los Angeles, California 90015
This Sophisticated Urban Loft is a Prime Investment Opportunity, listed at $538,888—positioned well below the $600,696 Fair Market Value by 10%. This valuation gap provides $61,808 in Instant Equity for the buyer. Boasting a Good Condition Rating, the unit features a 180-degree panoramic DTLA view, spacious balcony, and access to resort-style amenities including a rooftop gym and infinity pool. Located in the vibrant South Park district, this move-in-ready asset is ideal for urban professionals or first-time buyers seeking luxury and value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1155 S Grand Avenue 516 Subject | $538,888* List Price | 1 | 1 | 1,030 | $583 | - |
A 1155 S Grand Avenue 311 Sold | $435,000 | 1 | 1 | 920 | $473 | 0.0 mi |
B 1100 S Hope Street 911 Sold | $559,000 | 1 | 1 | 908 | $616 | 0.1 mi |
C 1100 Hopes Street 1408 Sold | $617,000 | 1 | 1 | 990 | $623 | 0.1 mi |
D 1100 S Hope Street 1506 Sold | $625,000 | 1 | 1 | 990 | $631 | 0.1 mi |
E 1111 S Grand Avenue 907 Sold | $500,000 | 1 | 1 | 1,100 | $455 | 0.1 mi |
F 1100 S Hope Street 1507 Sold | $530,000 | 1 | 1 | 860 | $616 | 0.1 mi |
G 1155 S Grand Avenue 505 Active | $595,000 List Price | 1 | 1 | 1,050 | $567 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property, built in 2008, falls within the 10-20 year age range for a 'Good' rating. It is move-in ready with well-maintained hardwood flooring, modern stainless steel appliances, and contemporary fixtures. While the listing description mentions 'excellent condition,' it does not meet the specific 'Excellent' criteria of being built within 10 years or having a full renovation within the last 5 years.
Located in the prestigious EVO building, residents have access to luxury amenities including a rooftop gym, heated infinity pool, spa, and 24-hour concierge service.
The unit is in excellent, 'like-new' condition with lightly used floors and appliances, offering a move-in ready experience without the need for immediate renovations.
With 1,030 sqft of living space and a 180-degree panoramic view of DTLA from a private balcony, this floor plan offers significantly more room and better vistas than standard one-bedroom units.
The monthly association fee of $1,014 is quite high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
The assigned public middle and high schools carry low ratings (3/10), which could be a deterrent for families or long-term investors concerned with school district quality.
This large 1 bedroom floor plan is tucked away on the 5th floor of EVO. West facing with a 180 degree panoramic view of DTLA your spacious balcony and the extra square footage in your open living/dinning area is ideal for lounging and simply taking in the views. Walk in laundry closet and large bedroom enclave provide all the room you need to enjoy loft style living. The resort style building offers several amenities: Rooftop gym, heated infinity pool, spa, chef's kitchen, roof top lounge, 24 hour food/delivery front desk acceptance, secured parking and much more! Unit is in excellent condition, lightly used floors, like new appliances and barely touched walls. With a walk of score of 90 you may never have to drive again.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 1,030 | 1,095 | 47% |
| Lot Size | 52,763 | 42,893.5 | 56% |
| Price | $538.9K | $595.5K | 33% |
| Price per sq ft | $523 | $608 | 25% |
| Built year | 2008 | 2007 | 61% |
| HOA | $1014.0 | $965 | 58% |
| Days on market | 13 | 214 | 3% |
Apr 9, 2026
$538,888
Initial Listing
Oct 29, 2009
$430,000
Public Record