801 S Grand Avenue 1209, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath
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801 S Grand Avenue 1209
Los Angeles, California 90017
ACTIVE
CONDITION: GOOD
1Beds
1Baths
980Sq Ft
59,001Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$510,921
SUMMARY
This modern loft represents a Prime Investment Opportunity, listed at a List Price of $499,000—positioned well below the $510,922 Fair Market Value by 2%. This valuation gap offers $11,922 in Instant Equity. Featuring Designer Italian Kitchens and Panoramic Skyline Views, the unit maintains a Good Condition Rating. While school ratings are modest, the property’s walkability to LA Live and transit makes it a high-demand asset. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking urban luxury.
Estimated Market Value
$510,921
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 801 S Grand Avenue 1209 Subject 1 bd · 1 ba · 980 sqft · $521 | $499,000* List Price | 1 | 1 | 980 | $521 | - |
A 1100 Wilshire 3005 Sold 1 bd · 1 ba · 800 sqft · $540 · 0.5 mi | $432,000 | 1 | 1 | 800 | $540 | 0.5 mi |
B 801 S Grand Avenue 1306 Sold 2 bd · 2 ba · 1,200 sqft · $532 · 0.1 mi | $638,000 | 2 | 2 | 1,200 | $532 | 0.1 mi |
C 1100 Wilshire Boulevard 1812 Pending 1 bd · 1 ba · 710 sqft · $493 · 0.5 mi | $349,900 List Price | 1 | 1 | 710 | $493 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although the building was originally constructed in 1985, the interior reflects a high-end modern conversion completed approximately 18-20 years ago. The kitchen features well-maintained Italian cabinetry, Caesarstone countertops, and stainless steel appliances. The bathroom is updated with a separate glass shower and soaking tub. The unit is move-in ready with functional systems and quality wood flooring, fitting the 10-20 year maintenance cycle for a 'Good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime South Park Location
Situated in the heart of the South Park District, the property offers exceptional walkability to LA Live, Crypto.com Arena, and essential retail like Ralphs.
- Modern Luxury Finishes
The unit features high-end designer elements including imported Italian cabinetry, Caesarstone countertops, and floor-to-ceiling windows with panoramic skyline views.
- Aggressive Pricing Strategy
With a recent price reduction from $575,000 to $499,000, this loft presents a high-value opportunity compared to historical sales in the building.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The association fee of $892 per month is a significant recurring expense that may impact affordability and overall return on investment.
- Underwhelming School Ratings
The assigned public schools for this address have low ratings (3/10), which could be a deterrent for families or long-term resale value.
About 801 S Grand Avenue 1209
THIS PROPERTY WON'T LAST LONG! SET YOUR SIGHTS VERTICALLY AND SCALE NEW HEIGHTS TO LUXURY HIGH-RISE LIVING LOCATED ON THE 12TH FLOOR AT THE SKY TOWER IN THE SOUTH PARK DISTRICT OF LOS ANGLES YOU WILL FIND THIS BEAUTIFUL MODERN LOFT WHICH OFFERS SPECTACULAR DOWNTOWN SKYLINE VIEWS. RARELY DOES THIS LOFT FLOOR PLAN BECOME AVAILABLE... COMPLETE W FLOOR TO CEILING WINDOWS, DESIGNER KITCHEN WITH IMPORTED ITALIAN CABINETS, STAINLESS STEEL APPLIANCES, CAESARSTONE COUNTERTOPS, BEAUTIFUL WOOD FLOORS THROUGHOUT WITH A VERY LARGE WALK-IN CLOSET! FOR THOSE WHO LOVE CONVENIENCE, CUISINE AND CULTURE SKY LOFTS EXEMPLIFIES HIGH STYLE URBAN LIVING AND ALL THAT COMES WITH IT! AS A RESIDENT OWNER YOU WILL FULLY ENJOY ALL OF THE SKY LOFT SIGNATURE SERVICES AND AMENITIES. FIRST IN ELEGANCE SKY LOFTS HAS ALL THE COMFORTS OF HIGH-RISE LUXURY LIVING! FOR THOSE WHO LOVE CONVENIENCE, CUISINE AND CULTURE SKY LOFTS EXEMPLIFIES HIGH STYLE URBAN LIVING AND ALL THAT COMES WITH IT! CLOSE PROXIMITY TO LA LIVE, STAPLES CENTER, NOKIA THEATRE, WALKING DISTANCE TO LA LIVE, RALPHS GROCERY STORE AND THE METRO STATIONS! THIS IS A MUST HAVE JEWEL!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 59,001 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $892.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ninth Street School
Grades K-5 • 0.9 mi
5/10
John H. Liechty Middle School
Grades 6-8 • 0.9 mi
3/10
Belmont Senior High School
Grades 9-12 • 1.1 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 980 | 1,252.996 |
| Lot Size | 59,001 | 26,029.603 |
| Price | $499.0K | $778.5K |
| Price per sq ft | $509 | $629 |
| Built year | 1985 | 1981 |
| HOA | $892.0 | $676 |
| Days on market | 54 | 74 |
Pricing History
Listed for Sale
Oct 23, 2026
$499,000
$575,000
-13% Price Drop
Initial Listing
Price Change
Sep 16, 2026
$575,000
Initial Listing
Sold
Sep 10, 2021
$570,000
Public Record
Sold
Nov 2, 2010
$290,000
Public Record