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1111 S Grand Avenue 405, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

1111 S Grand Avenue 405, Los Angeles, California 90015 home-pic-0
ACTIVE$555,000
1111 S Grand Avenue 405, Los Angeles, California 90015
1Bed
1Bath
1,030Sqft
38,857Lot
Year Built
2005
Close
-
List price
$555K
Original List price
$620K
Price/Sqft
$539
HOA
$900
Days on market
-
Sold On
-
MLS number
24440267
Home ConditionGood
Features
Good View: Courtyard
Pool
Patio
ViewCourtyard

About this home

We found 3 Cons,5 Pros. Rank: price - $555.0K(50th), sqft - 1030(50th), beds - 1(50th), baths - 1(50th).

STUNNING, PRIME LOCATION LOFT at the very popular Elleven Building in Los Angeles. Not only do you have lovely double doors leading to the courtyard, but you have great walkability with Starbucks, Whole Foods, Pine and Crane and Bottega Louie as some of the popular nearby spots. For this particular loft, highlights are of course the sought after direct courtyard-access location, updated flooring and lovely and large open concept flow. Upon exiting your doors to the patio area you have privacy but yet you will have easy access to a lovely park-like atmosphere with outdoor fireplace, BBQ grills, swimming pool and more. Other building amenities are a 24 hour concierge, gated parking and security. A wonderful city lifestyle for a fantastic price. This is a 1 bedroom loft on title but the bedroom is open concept. This property is only 2.5 miles to USC and 0.3 miles to LA Live. Furniture staging is virtual. Make your appointment today.

Condition Rating
Good
Built in 2005, this loft is 19 years old, placing it within the 'Good' category's age range. The listing highlights 'updated flooring' and describes a 'modern & spacious open concept interior,' suggesting a well-maintained property. While not a full recent renovation, the condition appears move-in ready with functional systems and minimal wear, consistent with a property of this age that has received regular upkeep and some modern updates.
Pros & Cons

Pros

Prime Downtown Location: Situated in the highly sought-after Elleven Building, offering a vibrant city lifestyle in a prime Downtown Los Angeles location.
Exceptional Walkability & Local Amenities: Boasts excellent walkability to popular establishments like Starbucks, Whole Foods, Pine and Crane, Bottega Louie, and is just 0.3 miles from LA Live.
Direct Courtyard Access & Outdoor Living: Features double doors leading directly to a private courtyard, providing easy access to a park-like atmosphere with an outdoor fireplace, BBQ grills, and a swimming pool.
Premium Building Services & Security: Residents benefit from a 24-hour concierge, gated parking, and robust security, enhancing convenience and peace of mind.
Modern & Spacious Open Concept Interior: The loft offers updated flooring and a large, open-concept flow, providing a contemporary and airy living space.

Cons

Open Concept Bedroom: The designated 1-bedroom is an open concept loft, which may compromise privacy for occupants.
High Monthly Association Fees: The property carries a significant monthly association fee of $900, which adds to the overall cost of ownership.
Recent Price Reduction: The property has seen a notable price reduction from its original list price of $620,000 to $555,000, potentially indicating a longer market presence or initial overpricing.

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