1111 S Grand Avenue 702, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

1111 S Grand Avenue 702, Los Angeles, California 90015 home-pic-0
ACTIVE$500,000
1111 S Grand Avenue 702, Los Angeles, California 90015
1Bed
1Bath
1,100Sqft
38,857Lot
Year Built
2005
Close
-
List price
$500K
Original List price
$545K
Price/Sqft
$455
HOA
$940.02
Days on market
-
Sold On
-
MLS number
BB25023169
Home ConditionGood
Features
Good View: City Lights, Courtyard, Pool, Trees/Woods
Pool
Spa
ViewCity Lights,Courtyard,Pool,Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $500.0K(33th), sqft - 1100(58th), beds - 1(50th), baths - 1(50th).

Experience the best of Downtown LA living in this stunning loft-style condo at Elleven, a premier high-rise in the vibrant South Park district. With 1,100 square feet of thoughtfully designed space, this west-facing home boasts panoramic floor-to-ceiling windows that fill the unit with golden afternoon light and offer serene views of the lush pool terrace below. The open-concept floor plan blends modern design with functionality, featuring beautiful hardwood floors, a private sleeping area with a custom sliding door, and a chef’s kitchen with granite countertops, a generous island, and stainless steel appliances—perfect for both casual dining and entertaining. A large in-unit utility room with a high-end washer and dryer adds to the home’s convenience and practicality. Beyond the walls of this sophisticated residence, Elleven offers an array of luxury amenities designed for effortless urban living. Enjoy a sparkling lap pool, hot tub, sundeck, and a sprawling half-acre outdoor terrace with BBQ and lounge areas—a rare oasis in the city. The 24-hour concierge and security, a chic clubhouse, and a multi-purpose lounge elevate the experience even further. Located just steps from Crypto.com Arena, LA Live, Whole Foods, and some of LA’s top-rated dining and nightlife, this residence puts you at the epicenter of growth and excitement. With billions of dollars in upcoming developments and infrastructure upgrades ahead of the 2026 FIFA World Cup and 2028 Summer Olympics, the future of Downtown LA has never been brighter. Whether you’re seeking a stylish urban retreat or a smart investment in a rapidly appreciating market, this home is an opportunity you won’t want to miss. Schedule a private tour today!

Price History

Date
Event
Price
10/29/15
Sold
$605,000
04/25/07
Sold
$515,000
Condition Rating
Good

Built in 2005, this loft-style condo is 19 years old, fitting the 'Good' category. The kitchen features modern stainless steel appliances, granite countertops, and dark wood cabinetry, appearing well-maintained. Hardwood floors are present throughout the main living areas. The bathroom is clean and functional but exhibits a more dated style with standard tile and a tub/shower combo, suggesting it hasn't undergone a recent renovation. Overall, the property is move-in ready with minimal wear and tear, aligning with a 'Good' condition rating.
Pros & Cons

Pros

Prime Downtown Location: Situated in the vibrant South Park district, steps from Crypto.com Arena, LA Live, Whole Foods, and top dining/nightlife, offering unparalleled urban convenience and access.
Luxury Building Amenities: Elleven offers an extensive array of high-end amenities including a sparkling lap pool, hot tub, sundeck, half-acre outdoor terrace with BBQ, 24-hour concierge/security, clubhouse, and lounge.
Modern Interior Design: The unit features a thoughtfully designed open-concept floor plan with hardwood floors, a chef’s kitchen with granite countertops and stainless steel appliances, and in-unit laundry.
Strong Investment Potential: Located in an area poised for significant growth with billions in upcoming developments ahead of the 2026 FIFA World Cup and 2028 Summer Olympics, suggesting future appreciation.
Desirable Views & Natural Light: West-facing with panoramic floor-to-ceiling windows, providing abundant golden afternoon light and serene views of the lush pool terrace below.

Cons

High Association Fees: The monthly association fee of $940.02 is substantial, adding a significant ongoing cost to ownership and potentially impacting affordability.
Potential Value Depreciation: The current list price of $500,000 is notably lower than its 2015 sale price of $605,000, which may indicate a past market correction or specific unit factors contradicting the 'rapidly appreciating market' claim.
Loft-Style Layout & Privacy: The 'loft-style' design with a 'private sleeping area with a custom sliding door' may not offer the full privacy or traditional bedroom feel desired by all potential buyers.

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