1111 S Grand Avenue 1014, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

1111 S Grand Avenue 1014, Los Angeles, California 90015 home-pic-0
ACTIVE$665,000
1111 S Grand Avenue 1014, Los Angeles, California 90015
1Bed
1Bath
960Sqft
38,813Lot
Year Built
2006
Close
-
List price
$665K
Original List price
$665K
Price/Sqft
$693
HOA
$903
Days on market
-
Sold On
-
MLS number
24388035
Home ConditionGood
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $665.0K(61th), sqft - 960(41th), beds - 1(50th), baths - 1(50th).

Premier Real Estate is proud to present you with this beautiful 1 bedroom, 1 bath unit. Located in the Luxurious ELLEVEN building in the highly desired South Park area of DTLA, this unit features a great unobstructed views of the city, upgraded hardwood floors, partially enclosed bedroom doors, upgraded counter tops and kitchen drawers, electric roll up blinds, smart thermostat, custom closet built-ins, in unit storage room w/ washer and dryer, a designated parking space with an additional storage unit conveniently located in front of the parking space. Building Amenities include a heated pool, jacuzzi, large courtyard, Viking BBQ grills and Wi-Fi through out the common areas. Within walking distance, is the Crypto Arena (formerly Staples Center), Peacock Theater, L.A. Live, Ralphs, Whole Foods, PICO metro station platform, Orange Theory, F45 Gym, John Reed Gym, CVS, South Park Farmers Market (every Saturday), a Starbucks at the base of the building and much more. There is also an option through the building to purchase an electrical charging station after the close of escrow.

Price History

Date
Event
Price
10/31/18
Sold
$620,000
09/11/15
Sold
$565,000
Condition Rating
Good

The property, built in 2006, falls within the 10-20 year age range for a 'Good' score. The listing explicitly mentions significant upgrades including hardwood floors, upgraded kitchen countertops and drawers, electric roll-up blinds, a smart thermostat, and custom closet built-ins. The images confirm a modern, well-maintained kitchen with stainless steel appliances, contemporary cabinetry, and stylish lighting. The flooring is in excellent condition, and the overall aesthetic is clean and move-in ready. While the bathroom was not pictured, the consistent level of upgrades throughout the visible areas suggests it would also be in good condition. The property shows minimal wear and tear and meets current quality standards for a well-maintained, updated unit.
Pros & Cons

Pros

Prime DTLA Location & Walkability: Situated in the highly desired South Park area of DTLA, offering exceptional walkability to major entertainment venues like Crypto Arena, L.A. Live, diverse dining, retail (Ralphs, Whole Foods, CVS), fitness centers, and public transit (PICO metro station).
Modern Unit Upgrades & Smart Features: The unit boasts significant interior upgrades including hardwood floors, upgraded countertops and kitchen drawers, electric roll-up blinds, a smart thermostat, and custom closet built-ins, enhancing comfort and modern living.
Unobstructed City Views: Features great unobstructed city views, providing an appealing aesthetic and a desirable living experience in a vibrant urban setting.
Comprehensive Building Amenities: The luxurious ELLEVEN building offers a heated pool, jacuzzi, large courtyard, Viking BBQ grills, and Wi-Fi throughout common areas, providing a resort-like lifestyle for residents.
Convenient Parking & Storage: Includes a designated parking space with an additional storage unit conveniently located in front, plus an in-unit storage room with a washer and dryer, addressing key urban living needs.

Cons

High Association Fee: The monthly association fee of $903.0 is substantial, which could impact overall affordability and long-term ownership costs for potential buyers.
Limited Bedroom Count: As a 1-bedroom unit, it caters to a narrower demographic, primarily singles or couples, potentially limiting its appeal to buyers requiring more living space or additional rooms.
Potential for Urban Noise: Its prime DTLA location, while a strength for convenience, also means a higher potential for urban noise and crowds, which may not be suitable for all preferences.

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