801 S Grand Avenue 1207, Los Angeles, California 90017, Los Angeles, 90017 - 2 bed, 2 bath
ACTIVE$829,000
801 S Grand Avenue 1207, Los Angeles, California 90017
2Beds
2Baths
1,330Sqft
59,001Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Downtown Location & Walkability: Exceptional walkability to major retail, dining, entertainment (LA Live, Staples Center), and essential services like Whole Foods and Ralphs, offering a vibrant urban lifestyle.
Top Cons:
Substantial Monthly Association Fees: The association fee of $1,270.00 per month is considerably high, adding a significant ongoing cost to ownership and potentially impacting affordability.
Compared to the nearby listings
Price:$829.0K vs avg $550.0K (+$279,000)90%
Size:1,330 sqft vs avg 852 sqft90%
Price/sqft:$623 vs avg $62255%
More Insights
Built in 1985 (40 years old).
Condition: Despite being built in 1985, the property has undergone an extensive, high-quality renovation. The kitchen features sleek Italian cabinets, Caesarstone counters, and high-end stainless steel appliances, all appearing virtually new and meeting current design standards. Bathrooms are equally modern with updated vanities, dual sinks, contemporary tiling, and separate tub/shower. Engineered hardwood floors are present throughout, and recessed lighting adds to the contemporary feel. The overall aesthetic is fresh, luxurious, and move-in ready, indicating a recent and comprehensive upgrade that aligns with the 'Excellent' criteria for extensively renovated properties.
Year Built
1985
Close
-
List price
$829K
Original List price
$829K
Price/Sqft
$623
HOA
$1,270
Days on market
-
Sold On
-
MLS number
25550337
Home ConditionExcellent
Features
Excellent View: City Lights
ViewCity Lights
About this home
Luxury Sky Lofts high-rise loft with private bedrooms, North East Corner views overlooking beautiful Downtown skyline. Each bedroom bring breathtaking views and a full bathroom (primary has two sink basins, separate bathtub and shower) and walk-in closet. Secure, enclosed two parking spaces connected to the building. Upgraded engineered hardwood floors, 10 foot high finished ceilings, solid core / STC rated doors. Large gourmet kitchen with high quality appliances - gas range, Caesar stone counters, and sleek Italian cabinets. Washer and dryer in unit. Building amenities include 24 hour security, lounge, fitness center, and screening room. Walking distance to Whole Foods, Ralphs, Fig & 7th, Target, the Bloc, LA Live - Staples center, FIDM, and many restaurants/entertainment.
Nearby schools
5/10
Ninth Street School
Public,•K-5•0.9mi
3/10
John H. Liechty Middle School
Public,•6-8•0.9mi
3/10
Belmont Senior High School
Public,•9-12•1.1mi
Price History
Date
Event
Price
12/31/14
Sold
$785,000
01/26/07
Sold
$865,000
06/29/06
Sold
$831,000
Condition Rating
Excellent
Despite being built in 1985, the property has undergone an extensive, high-quality renovation. The kitchen features sleek Italian cabinets, Caesarstone counters, and high-end stainless steel appliances, all appearing virtually new and meeting current design standards. Bathrooms are equally modern with updated vanities, dual sinks, contemporary tiling, and separate tub/shower. Engineered hardwood floors are present throughout, and recessed lighting adds to the contemporary feel. The overall aesthetic is fresh, luxurious, and move-in ready, indicating a recent and comprehensive upgrade that aligns with the 'Excellent' criteria for extensively renovated properties.
Pros & Cons
Pros
Prime Downtown Location & Walkability: Exceptional walkability to major retail, dining, entertainment (LA Live, Staples Center), and essential services like Whole Foods and Ralphs, offering a vibrant urban lifestyle.
Comprehensive Luxury Amenities & Security: The Sky Lofts building provides a full suite of luxury amenities including 24-hour security, a lounge, fitness center, and screening room, enhancing resident comfort and convenience.
Desirable Corner Unit with Breathtaking City Views: As a North East corner unit, the loft offers expansive, breathtaking views of the Downtown Los Angeles skyline from every bedroom, maximizing natural light and aesthetic appeal.
High-End Interior Finishes & Modern Kitchen: Features upgraded engineered hardwood floors, 10-foot ceilings, sound-insulated doors, and a gourmet kitchen equipped with high-quality appliances, Caesar stone counters, and sleek Italian cabinets.
Secure Dedicated Parking: Includes two secure, enclosed parking spaces directly connected to the building, a highly valuable and sought-after amenity in a dense urban environment.
Cons
Substantial Monthly Association Fees: The association fee of $1,270.00 per month is considerably high, adding a significant ongoing cost to ownership and potentially impacting affordability.
Apparent Limited Capital Appreciation: The current list price is comparable to or slightly below sale prices from 2006 and 2007, indicating minimal capital appreciation over the past two decades, which may concern long-term investors.
Mixed Public School Ratings: While the elementary school has a strong rating, the middle and high schools have lower ratings (3/10), which could be a consideration for buyers with school-aged children or those planning for a family.