
Los Angeles, California 90017
This Turnkey Condominium is a Strong Value Opportunity, listed at $639,000—positioned well below the $649,948 Fair Market Value by 1.68%. This valuation gap offers $10,948 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit boasts modern renovations, 10-foot ceilings, and panoramic skyline views. With two side-by-side parking spaces and a prime South Park location, this property is an ideal fit for Urban Professionals or Owner-Occupants seeking a sophisticated, move-in ready lifestyle in the heart of DTLA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 801 S Grand Avenue 1508 Subject | $639,000* List Price | 2 | 2 | 1,220 | $534 | - |
A 801 S Grand Avenue 2202 Sold | $690,000 | 2 | 2 | 1,360 | $507 | 0.0 mi |
B 801 S Grand Avenue 1306 Sold | $638,000 | 2 | 2 | 1,200 | $532 | 0.1 mi |
C 1100 Wilshire Boulevard 2911 Sold | $758,000 | 2 | 1 | 1,140 | $665 | 0.5 mi |
D 1234 Wilshire Boulevard 207 Sold | $530,000 | 2 | 2 | 1,280 | $414 | 0.7 mi |
E 630 W 6th Street 505 Active | $580,000 List Price | 2 | 2 | 1,180 | $492 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1985, the unit features a modern renovation (estimated 5-15 years old) including updated stainless steel appliances, contemporary dark cabinetry with mosaic backsplash, and light hardwood floors. The spa-inspired bathrooms and central HVAC systems appear well-maintained and functional, making it move-in ready.
Situated in the heart of the South Park District, the property offers unparalleled walkability with Whole Foods across the street and immediate proximity to Crypto.com Arena and L.A. LIVE.
The unit includes two rare side-by-side parking spaces in a secure subterranean garage, complemented by a separate on-site visitor parking structure for guests.
Perched on the 15th floor, the loft features 10-foot ceilings and expansive south-facing windows that provide abundant natural light and impressive skyline views.
The monthly association fee of $1,139 is substantial, which may impact overall affordability and appeal for budget-conscious buyers or investors.
The assigned public middle and high schools carry low performance ratings, which could be a deterrent for families prioritizing educational district quality.
Perched on the 15th floor of the iconic Sky Lofts tower in the vibrant South Park neighborhood of Downtown LA. 801 S Grand Ave Unit 1508 is a south easterly facing, 2-bedroom, 2-bathroom, 1,220-square-foot loft-style condo that delivers the ultimate downtown lifestyle. With 10-foot ceilings and expansive windows, natural light fills the open concept space and showcases skyline views. Modern light hardwood floors throughout, seamlessly connecting the spacious living room, dining area and kitchen with breakfast bar and updated appliances. This home also includes central heating and air conditioning, alongside a dedicated in-unit washer and dryer closet. The unit features a primary suite complete with city views, a spacious walk-in closet, and a spa-inspired ensuite bathroom featuring a double vanity, deep soaking tub, and separate glass shower. Positioned off the main entryway, the versatile second bedroom is ideal as a private home office, creative studio, or guest room, right next to the second full bathroom. Sky Lofts provides an elite resident experience with premier amenities, including a 24-hour security and concierge desk, an updated premium fitness center, a private screening room with theater seating and an entertainment lounge with a full kitchen for private events. The condo includes two side-by-side parking spaces in the secure subterranean garage, as well as access to a separate on-site visitor parking structure for your guests. Situated at the epicenter of DTLA in the vibrant South Park District, this central address is near notable restaurants and cafes, numerous coffee shops within a block, nightlife, and culture. Across the street is Whole Foods and CVS. Dine at celebrated local hot spots like Bottega Louie, Water Grill, 71Above, and Le Grand. You are just five blocks from Crypto.com Arena, L.A. LIVE and the Peacock Theater, with quick and easy access to the USC main campus, USC Keck, and major transit options. Close proximity to trendy neighborhoods such as the Fashion District and the Arts District. Easy access to the 110, the 10 and the 101 freeways. Offering convenience and urban energy, unit 1508 at 801 S Grand Ave is a unique find in the heart of the city.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,220 | 1,219.385 |
| Lot Size | 59,001 | 27,236.074 |
| Price | $639.0K | $800.2K |
| Price per sq ft | $524 | $650 |
| Built year | 1985 | 1979 |
| HOA | $1139.0 | $685 |
| Days on market | 34 | 72 |
Aug 6, 2026
$639,000
Initial Listing
Aug 30, 2012
$532,500
Public Record