
Los Angeles, California 90015
This Authentic Industrial Loft represents a Strong Value Opportunity, listed at $849,000—positioned well above the $799,141 Fair Market Value by 6%. While the price reflects a premium, the property features a Condition Rating of 3, offering a move-in ready space with soaring 12-foot ceilings and panoramic skyline views. Its Live/Work Zoning and access to resort-style amenities via the Aven community provide significant lifestyle utility. This residence is an ideal acquisition for Creative Professionals or Owner-Occupants seeking a unique, architecturally significant urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 330 W 11th Street 406 Subject | $849,000* List Price | 2 | 2 | 1,571 | $499 | - |
A 1155 S Grand Avenue 508 Sold | $884,000 | 2 | 2 | 1,480 | $597 | 0.1 mi |
B 645 W 9th Street 712 Sold | $720,000 | 2 | 2 | 1,460 | $493 | 0.3 mi |
C 600 W 9th Street 1216 Sold | $625,000 | 2 | 2 | 1,264 | $494 | 0.3 mi |
D 600 W 9th Street 516 Sold | $640,000 | 2 | 2 | 1,264 | $506 | 0.3 mi |
E 1111 S Grand 1015 Active | $1,099,000 List Price | 2 | 2 | 1,670 | $658 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built/converted in 2005, placing it in the 10-20 year age bracket. It features a well-maintained contemporary kitchen with stainless steel appliances, functional industrial-style HVAC systems, and modern bathrooms. The unit is in move-in ready condition with no immediate maintenance required.
This rare corner penthouse features soaring 12-foot ceilings, exposed concrete columns, and original steel-framed windows, offering irreplaceable historic character and abundant natural light.
Residents benefit from an exclusive partnership with the neighboring Aven community, providing access to resort-style amenities including a pool, spa, and fitness center rarely found in historic conversions.
The property’s Live/Work zoning and expansive 1,571 sqft open floor plan offer exceptional flexibility for use as a primary residence, creative design studio, or professional office.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1571, other record living area = 1170.
The association fee of $1,481 per month is significantly high, which may impact the property's appeal to budget-conscious buyers or those looking for lower overhead.
The loft-style sleeping areas are open to the main living space, which may lack the acoustic and visual privacy required by some residents without further renovation.
Occupying the original penthouse level of the historic 1923 Grand Lofts warehouse, this exceptionally rare exterior corner residence showcases architectural features that simply cannot be recreated today. Soaring 12-foot ceilings, exposed concrete columns, original HVAC ducting and industrial piping, expansive floor-to-ceiling operable steel-framed windows, and a private balcony define the essence of authentic warehouse loft living. Spanning nearly the entire perimeter of the residence, the operable steel-framed windows flood the home with natural light, capture Downtown Los Angeles skyline views to the north and vibrant streetscape views west along 11th Street toward LA Live, and provide exceptional cross ventilation while creating a seamless connection to the surrounding urban landscape. Designed for both flexibility and scale, the residence offers two expansive loft-style sleeping areas positioned at opposite ends of the home for exceptional privacy. True to authentic warehouse loft design, these spaces remain open while offering the opportunity to be traditionally or creatively enclosed to suit a variety of lifestyles without compromising the home's dramatic volume and character. Two full bathrooms, generous walk-in closets, a dedicated utility room with in-unit laundry and additional storage, and an expansive open-concept living and dining area anchored by a contemporary kitchen complete a floor plan equally suited for entertaining, everyday living, or creative pursuits. Zoned Live/Work, the residence is equally well suited as a primary home, design studio, professional office, or creative workspace. One of Grand Lofts' most distinctive advantages is its exclusive relationship with the neighboring Aven community, allowing residents to enjoy resort-style amenities including a pool, spa, fitness center, recreation lounge, and outdoor entertaining areas while preserving the character of one of Downtown Los Angeles' premier historic warehouse conversions. Additional highlights include two secured side-by-side parking spaces. Perfectly positioned in the heart of Downtown Los Angeles' vibrant Social District, you're moments from LA Live, Crypto.com Arena, Whole Foods, acclaimed restaurants, nightlife, entertainment, and Metro transit. Combining irreplaceable architecture, authentic industrial character, modern conveniences, and an unbeatable urban location, this is a rare opportunity to own one of Grand Lofts' most architecturally significant residences.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,571 | 1,219.385 |
| Lot Size | 18,467 | 27,236.074 |
| Price | $849.0K | $800.2K |
| Price per sq ft | $540 | $650 |
| Built year | 2005 | 1979 |
| HOA | $1481.0 | $685 |
| Days on market | 38 | 72 |
Aug 2, 2026
$849,000
Initial Listing
May 24, 2012
$180,000
Public Record
Mar 11, 2010
$350,000
Public Record