801 S Grand Avenue 1608, Los Angeles, California 90017, Los Angeles, 90017 - 2 bed, 2 bath
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Los Angeles, California 90017
This Modern High-Rise Loft is listed at $669,000, offering a stable acquisition at its $669,000 Fair Market Value. Boasting a Condition Rating of 2, the residence features a Chef’s dream kitchen, hardwood floors, and 10-foot-high ceilings with panoramic city and mountain views. The unit includes two side-by-side parking spaces, a rare asset in the South Park district of the Los Angeles Unified district, near the Ninth Street School. With 24/7 security and proximity to Whole Foods, this turnkey property offers a premier lifestyle. It is an ideal sanctuary for urban professionals or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 801 S Grand Avenue 1608 Subject | $669,000* List Price | 2 | 2 | 1,220 | $548 | - |
A 1234 Wilshire Boulevard 207 Sold | $530,000 | 2 | 2 | 1,280 | $414 | 0.7 mi |
B 655 S Hope Street 1105 Sold | $735,000 | 2 | 2 | 1,180 | $623 | 0.2 mi |
C 1234 Wilshire Blvd 507 Sold | $600,000 | 2 | 2 | 1,280 | $469 | 0.7 mi |
D 889 Francisco Street 2611 Sold | $550,000 | 1 | 2 | 890 | $618 | 0.4 mi |
E 889 Francisco Street 1811 Sold | $520,000 | 1 | 2 | 870 | $598 | 0.4 mi |
F 801 S Grand Avenue 1306 Active | $650,000 List Price | 2 | 2 | 1,200 | $542 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property, despite the building being built in 1985, underwent a major building transformation in 2005. More importantly, the unit itself features a 'Chef's dream kitchen with modern appliances' and 'hardwood floor through-out,' as stated in the description. The images confirm a highly modern kitchen with sleek flat-panel cabinetry, stainless steel appliances, and solid surface countertops, all appearing virtually new and meeting current quality standards. The bathrooms also showcase modern vanities, dual sinks, and glass-enclosed showers, indicating recent updates and excellent maintenance. The overall interior condition, particularly the kitchen and bathrooms, suggests extensive renovation within the last 5-10 years, making it move-in ready with no deferred maintenance.
Situated in the highly desirable South Park and Financial District, offering a vibrant downtown LA lifestyle with immediate access to Whole Foods, Bottega Louie, The Block, Metro station, and LA Live.
The SKY Lofts building underwent a major transformation in 2005, providing residents with modern amenities including a fitness center, private theater, social room with kitchen, high-speed elevators, and 24/7 front desk security.
The unit includes two side-by-side assigned parking spaces, a significant advantage in downtown, along with the convenience of an in-unit combo washer/dryer.
The monthly association fee of $1,000 is substantial and can significantly impact the overall cost of ownership and buyer affordability.
The current list price of $669,000 is notably lower than the last recorded sale price of $785,000 in 2016, which may raise questions about market value trends or previous property condition.
While extensively modernized in 2005, the building's original construction year of 1985 means some underlying infrastructure may be older, potentially requiring future maintenance considerations compared to newer constructions.
Best location in South Park, Financial district, Downtown LA vibrant lifestyle. This high-rise beautiful Live and work Loft at the SKY Lofts, only few minutes' walk to Whole Foods, Bottega Louie, The Block, the Metro station, LA Live and much more. A major transformation took place in 2005 which modernized the 22-story building to newer fitness center, private theater, two story lobby, social room with kitchen, high-speed elevator, 24/7 front desk with security. Unit 1608 is assigned two side by side parking spaces, in unit combo washer/dryer, hardwood floor through-out, 10-foot-high ceilings, fantastic city views. The master suite offers large walk-in closet and bath with dual sinks. The second bedroom could be a den and is also completely private. The Chef's dream kitchen with modern appliances. Open spacious floor plan welcomes you. Move in and enjoy!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,220 | 1,035 | 56% |
| Lot Size | 59,001 | 71,352 | 44% |
| Price | $669.0K | $575.0K | 56% |
| Price per sq ft | $548 | $583 | 50% |
| Built year | 1985 | 2006 | 31% |
| HOA | $1000.0 | $990 | 50% |
| Days on market | 297 | 234 | 81% |
Feb 9, 2016
$785,000
Public Record