
Los Angeles, California 90015
This Historic Warehouse Conversion represents a Strong Value Opportunity, listed at $499,000—positioned well below the $520,750 Fair Market Value by 4%. This valuation gap offers $21,750 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the loft offers an expansive 1,320 sqft layout with 10-foot ceilings and two side-by-side parking spaces. Located in the vibrant South Park neighborhood, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile live/work urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 330 W 11th Street C03 Subject 2 bd · 2 ba · 1,320 sqft · $395 | $499,000* List Price | 2 | 2 | 1,320 | $395 | - |
A 1100 S Grand A503 Sold 2 bd · 2 ba · 1,400 sqft · $356 · 0.0 mi | $499,000 | 2 | 2 | 1,400 | $356 | 0.0 mi |
B 1100 S Grand Avenue 109 Sold 2 bd · 2 ba · 1,150 sqft · $378 · 0.0 mi | $435,000 | 2 | 2 | 1,150 | $378 | 0.0 mi |
C 1111 S Grand Avenue 716 Sold 1 bd · 2 ba · 1,200 sqft · $404 · 0.1 mi | $485,000 | 1 | 2 | 1,200 | $404 | 0.1 mi |
D 1130 S Flower Street 208 Sold 1 bd · 2 ba · 1,260 sqft · $421 · 0.2 mi | $530,000 | 1 | 2 | 1,260 | $421 | 0.2 mi |
E 600 W 9th Street 305 Sold 2 bd · 2 ba · 1,193 sqft · $482 · 0.3 mi | $575,000 | 2 | 2 | 1,193 | $482 | 0.3 mi |
F 1111 S Grand Avenue 605 Sold 1 bd · 1 ba · 1,100 sqft · $426 · 0.1 mi | $469,000 | 1 | 1 | 1,100 | $426 | 0.1 mi |
G 1111 S Grand Avenue 1102 Active 1 bd · 1 ba · 1,100 sqft · $454 · 0.1 mi | $499,900 List Price | 1 | 1 | 1,100 | $454 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a well-maintained historic warehouse conversion (circa 2005) featuring functional, move-in ready kitchen and baths with stainless steel appliances. While the cabinetry and finishes reflect the original 15-20 year old conversion age, the industrial systems (exposed HVAC/electric) and polished concrete floors are in good condition and consistent with the loft aesthetic.
The expansive 1,320 sqft open floor plan with 10-foot ceilings and industrial finishes offers exceptional flexibility for use as a residence, creative studio, or professional workspace.
The inclusion of two side-by-side parking spaces and access to resort-style amenities at the neighboring Aven building provides significant convenience and luxury rarely found in historic loft conversions.
Situated in a highly walkable neighborhood, the property offers immediate proximity to major attractions like Crypto.com Arena, L.A. Live, and Whole Foods, ensuring a high-quality urban lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1320, other record living area = 1170.
The monthly HOA fee of $1,467 is considerably high, which may deter budget-conscious buyers and significantly increase the total monthly carrying cost of the property.
While the interior courtyard location offers privacy and tranquility, it lacks the expansive city skyline or street-level views typically associated with urban loft living.
Experience the perfect blend of historic character and modern urban living at Grand Lofts, one of Downtown LA's most distinctive live/work communities. Situated within the building's tranquil interior courtyard, this unique loft offers a private and peaceful setting rarely found in the heart of the city. With only two neighboring residences sharing the courtyard, the location provides an added sense of exclusivity and privacy. Inside, soaring 10-foot ceilings, exposed concrete, industrial-inspired finishes, and an expansive open layout capture the authentic character of loft living. The versatile floor plan offers endless possibilities, whether you're looking for a stylish urban residence, a creative studio, a professional workspace, or a combination of living and working under one roof (subject to HOA guidelines and applicable regulations). Additional highlights include the highly desirable convenience of two side-by-side parking spaces and access to the impressive resort-style amenities at neighboring Aven. Originally converted from a historic warehouse, Grand Lofts seamlessly combines architectural character with contemporary conveniences. Located in the vibrant South Park neighborhood, residents enjoy close proximity to Crypto.com Arena, L.A. Live, Whole Foods, Pine & Crane, popular restaurants, coffee shops, breweries, the weekly farmers market, Metro Rail, and major freeways. A rare opportunity to own a truly versatile loft in one of Downtown Los Angeles' most dynamic neighborhoods.
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 | 1,320 | 1,252.996 |
| Lot Size | 18,467 | 26,029.603 |
| Price | $499.0K | $778.5K |
| Price per sq ft | $378 | $629 |
| Built year | 0 | 1981 |
| HOA | $1467.0 | $676 |
| Days on market | 24 | 74 |
Oct 16, 2026
$499,000
Initial Listing
May 24, 2012
$180,000
Public Record
Mar 11, 2010
$350,000
Public Record