801 S Grand Avenue 2107, Los Angeles, California 90017, Los Angeles, 90017 - 2 bed, 2 bath
801 S Grand Avenue 2107
Los Angeles, California 90017
Property Price
SUMMARY
Analysis of 801 S Grand Avenue 2107, Los Angeles, California 90017 is currently available with a list price of $985,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1985, the unit appears to have undergone significant renovations, particularly in the kitchen and bathrooms. The description highlights a 'glistening gourmet kitchen with Stainless Steel appliances,' 'hardwood floors,' and 'recessed lighting,' all of which are supported by the images showing modern, clean finishes. The bathroom features a contemporary vanity and tiled floors. The overall aesthetic is move-in ready with no immediate renovations required, aligning with a 'Good' condition score. While the exact renovation date is not provided, the visible updates suggest they are within the 5-15 year timeframe, making the unit well-maintained and functional with modern appeal.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic City Views
The unit boasts amazing jetliner views with expanding floor to ceiling windows, offering stunning city lights vistas.
- Prime Downtown Location
Situated in the heart of South Park, the property offers exceptional walkability to Whole Foods Market, LA Live, Staples Center, Metro Station, and various dining and shopping options.
- Premium Interior Features
The unit features a glistening gourmet kitchen with stainless steel appliances, hardwood floors, recessed lighting, and two large walk-in closets, enhancing its modern appeal and functionality.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly association fee of $1178.0 is substantial and will significantly impact the overall cost of ownership.
- Limited Capital Appreciation
The property's current list price of $985,000 is only marginally higher than its 2007 sale price of $975,000, indicating very poor capital appreciation over a 17-year period in a typically appreciating market.
- Subpar School Ratings
The nearby high school (Belmont Senior High School) and middle school (John H. Liechty Middle School) both have a rating of 3, which may be a deterrent for families with school-aged children.
About 801 S Grand Avenue 2107
Enjoy the complacency of living in one of the best units in the Sky Lofts. This spacious 2 bd, e full baths, northeast facing corner unit with amazing jetliner views with expanding floor to ceiling windows. Unit offers 2 large walk-in closets, Glistering Gourmet Kitchen with Stainless Steel appliances, Hardwood floors, and recessed lighting. Unit comes with 2 underground Lobby access parking. Located in the heart of South Park, you're steps away from Whole Foods Market, LA Live, Phillz Coffee, Staples Center, Metro Station, 7th & Fig Shopping Center, and amazing restaurants. Amenities include 24-Hour Security, Private Theater Room, lounge, and gym.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 58,984 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1178.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ninth Street School
Grades K-5 • 0.9 mi
John H. Liechty Middle School
Grades 6-8 • 0.9 mi
Belmont Senior High School
Grades 9-12 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 73% |
| Baths | 2.0 | 1.0 | 59% |
| Square foot | 1,320 | 837 | 86% |
| Lot Size | 58,984 | 71,352 | 36% |
| Price | $985.0K | $500.0K | 91% |
| Price per sq ft | $746 | $620 | 73% |
| Built year | 1985 | 2006 | 23% |
| HOA | $1178.0 | $831 | 77% |
| Days on market | 710 | 273 | 0% |
Pricing History
Sold
Feb 28, 2007
$975,000
Public Record