801 S Grand Avenue 1507, Los Angeles, California 90017, Los Angeles, 90017 - 2 bed, 2 bath
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801 S Grand Avenue 1507
Los Angeles, California 90017
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,320Sq Ft
59,001Lot Size
Property Price
LIST PRICE$900,000
EST. MARKET VALUE
$811,470
10% AboveMARKET VALUE
SUMMARY
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $900,000—positioned above the $811,471 Fair Market Value. While the price reflects a premium, the unit features a Condition Rating of 3 with high-quality modern renovations, including contemporary bathrooms and an open 1,320 sqft layout. Situated in the vibrant South Park district, the property offers exceptional walkability and Expansive City Views. This residence is an ideal choice for Urban Professionals or Owner-Occupants seeking a sophisticated, low-maintenance lifestyle in the heart of Downtown Los Angeles.
Estimated Market Value
$811,470
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 1507 Subject | $900,000* List Price | 2 | 2 | 1,320 | $615 | - |
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 877 Francisco Street 4106 Sold | $1,150,000 | 2 | 2 | 1,310 | $878 | 0.3 mi |
E 889 Francisco Street 806 Sold | $949,500 | 2 | 3 | 1,400 | $678 | 0.4 mi |
F 801 S Grand Avenue 2107 Active | $985,000 List Price | 2 | 2 | 1,320 | $746 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the building was originally constructed in 1985, the interior shows evidence of a high-quality renovation consistent with a 10-20 year age range. The bathroom features modern floating vanities, contemporary large-format wall tiling, and a glass-enclosed shower. The unit appears well-maintained, functional, and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime DTLA Location
Situated in the highly desirable South Park district, this property offers exceptional walkability to premier urban amenities, including Whole Foods, high-end dining, and the Crypto.com Arena.
- Expansive City Views
Positioned on the 15th floor, the unit features impressive city light views that capture the vibrant energy of Downtown Los Angeles, significantly enhancing the property's aesthetic appeal.
- Generous Square Footage
At 1,320 square feet, this two-bedroom residence provides a spacious and open layout that is larger than many contemporary condominium offerings in the immediate area.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $1,266 is substantial and may deter buyers sensitive to ongoing carrying costs or impact the debt-to-income ratio for financing.
- Lower School Ratings
The assigned public middle and high schools currently hold lower ratings (3/10), which may limit the property's appeal to families prioritizing top-tier public education.
About 801 S Grand Avenue 1507
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 59,001 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1266.0 / 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 | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,320 | 1,219.385 |
| Lot Size | 59,001 | 27,236.074 |
| Price | $900.0K | $800.2K |
| Price per sq ft | $682 | $650 |
| Built year | 1985 | 1979 |
| HOA | $1266.0 | $685 |
| Days on market | 9 | 72 |
Pricing History
Listed for Sale
Aug 31, 2026
$900,000
Initial Listing
Sold
Sep 26, 2014
$850,000
Public Record
Sold
Aug 29, 2008
$652,000
Public Record
Sold
Jul 27, 2006
$985,000
Public Record