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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 home-pic-0
ACTIVE$985,000
801 S Grand Avenue 2107, Los Angeles, California 90017
2Beds
2Baths
1,320Sqft
58,984Lot
Year Built
1985
Close
-
List price
$985K
Original List price
$985K
Price/Sqft
$746
HOA
$1,178
Days on market
-
Sold On
-
MLS number
24373191
Home ConditionGood
Features
Excellent View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $985.0K(93th), sqft - 1320(86th), beds - 2(66th), baths - 2(50th).

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.

Nearby schools

5/10
Ninth Street School
Public,•K-5•0.9mi
3/10
John H. Liechty Middle School
Public,•6-8•0.9mi
3/10
Belmont Senior High School
Public,•9-12•1.1mi

Price History

Date
Event
Price
02/28/07
Sold
$975,000
Condition Rating
Good
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.
Pros & Cons

Pros

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.
Comprehensive Building Amenities: Residents benefit from 24-hour security, a private theater room, lounge, and a gym, providing a luxurious and convenient living experience.
Dedicated Parking: The property includes two underground lobby-access parking spaces, a significant advantage in a dense urban environment like downtown Los Angeles.

Cons

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.

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