Property Overview: 1111 S Grand Ave #702 Los Angeles, CA has 1 bedrooms, 1 bathrooms,
1,100 living square feet and 38,845 square feet lot size.
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Agent Remarks: Beautifully remodeled loft-condo in Elleven, the premier luxury living in South Park, DTLA, with panoramic West-facing views of the pool and sundeck, from floor-to-ceiling windows. The unit has new hardwood floors, sliding doors in the bedroom, granite kitchen countertops with stone countertop kitchen island, stainless steel appliances, and a large utility room with hi-end W&D. Elleven is a LEED-certified Green building (benefits incl. low electricity costs). Building amenities incl. 1 assigned parking space, lobby with clubhouse/multi-purpose recreational room, 24/7 security & concierge, and a half-acre sized outdoor common area terrace with lap-pool, spa (hot tub), sundeck, and BBQ & lounge area. Neighborhood amenities incl. Pine & Crane, Orange Theory Fitness, South Park Grocery & Pharmacy, South Grand Park, Starbucks, Prank Bar, Hygge Bakery, Sonoritas, The Palm, and is moments from Crypto.com Arena, LA Live, Ritz-Carlton, soon-to-come Oceanwide Plaza, and with the Pico metro station only blocks away you may never need to drive again. Walk-score is 95 & transit-score is 100! Billions of dollars are going into DTLA development projects, incl. newly paved streets everywhere, and exciting new construction, in preparation for the 2024 Copa America, 2025 Club World Cup, 2026 FIFA Men's World Cup, 2027 FIFA Women's World Cup, and the 2028 Summer Olympics.
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Listed by Rasmus Ray Lee | BRE #01490488 | Premier Real Estate Broker, Inc.
Co-listed by Fabio Teixeira | BRE #01831338 | Premier Real Estate Broker, Inc.
Last checked: 13 minutes ago |Last updated: April 8th, 2024 |Source CRMLS |DOM: 28
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Association Amenities: Pet Rules, Clubhouse, Controlled Access, Concierge, Meeting Room, Outdoor Cooking Area, Picnic Area, Pool, Recreation Room, Security, Spa/Hot Tub, Maintenance Grounds, Gas, Insurance, Sewer, Trash, Water
Utilities Information
Sewer: Sewer Paid
Water Source: Public
Assessment Information
No Assessments
Schools
School Information
High School District: Los Angeles Unified
Location / Neighborhood
Location Information
Directions: Corner of Grand Ave and 11th St. Just a few blocks East of the Staples Ctr., and LA Live.
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Sale History for 1111 S Grand Ave #702
Last leased for $2,700 on January 25th, 2022
March, 2024
Mar 25, 2024
Date
Active
CRMLS: 24372195
$650,000
Price
January, 2022
Jan 25, 2022
Date
Leased
CRMLS: 21100515
$2,700
Price
Oct 27, 2021
Date
Active
CRMLS: 21100515
$2,800
Price
Listing provided courtesy of CRMLS
Beautifully loft unit in Elleven, the premier luxury living in South Park, DTLA, with panoramic West facing views of the pool and sundeck, from floor-to-ceiling windows. The unit has new hardwood floors, granite kitchen countertops, stone countertop kitchen island, stainless steel appliances, and large utility room with hi-end washer & dryer. Elleven is a Green building, LEED Certified GOLD (benefits incl. low electricity costs). Building amenities incl. 1 assigned parking space, lobby with club house/multi-purpose recreational room, 24/7 security & concierge, and a half-acre size outdoor common area terrace with fenced lap-pool, spa (hot tub), sundeck, and BBQ and lounge area. Neighborhood amenities include the Staples Ctr., LA Live, Ritz-Carlton,soon-to-come Oceanwide Plaza & Park Hyatt Hotel, Regal Movie Theaters, Ralph's Fresh Market, and moments from Whole Foods, The Bloc, and all of Downtown's restaurants and hotspots.
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October, 2015
Oct 29, 2015
Date
Sold (Public Records)
Public Records
$605,000
Price
May, 2009
May 28, 2009
Date
Sold (Public Records)
Public Records
--
Price
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Tax History for 1111 S Grand Ave #702
Assessed Value (2020):
$654,870
Year
Land Value
Improved Value
Assessed Value
2020
$113,654
$541,216
$654,870
Home Value Compared to the Market
This property vs the competition
1111 S Grand Ave #702 is listed 49.03%
lower than the median list price for the city
of Los Angeles which has a median list price of $1,236,000.
The median price per/sqft for Los Angeles is $773
and this home is listed at $572.73 per/sqft which puts the
price per square foot 25.91% lower
than the median price per square foot for the city of Los Angeles.
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About 1111 S Grand Ave #702
Detailed summary of property
1111 S Grand Ave #702 is a condominium located in
Los Angeles, CA 90015 and is currently for sale.
This condo offers 1 bedrooms, 1 bathrooms,
roughly 1,100 living square feet,
and sits on an approximately 38,845 square foot lot.
1111 S Grand Ave #702 was first listed on ArdentRealEstateGroup.com on March 26, 2024.
The homeowner is currently asking $630,000 and was originally asking $650,000.
The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773.
Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 49.03%
lower than the median priced home.
Local competing homes currently for sale include 1155 S Grand Ave #1015, 1155 S Grand Ave #516 and 1155 S Grand Ave #1214.
This home does have a Homeowners Association and the monthly fee is $908 per month.
While the average home in Los Angeles, CA is selling in 96 days, 1111 S Grand Ave #702 has a days on market of 28 days.
There are currently 3487 homes for sale in the Los Angeles real estate market and
2373 of them are single family homes while 1015 of them are condos
and 93 are townhomes.
For more information on this home for sale at 1111 S Grand Ave #702 Los Angeles, CA 90015
contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.
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Public Facts for 1111 S Grand Ave #702
Public county record property details
Beds
1
Baths
1
Year built
2005
Sq. Ft.
1,100
Lot Size
38,726
Stories
--
Type
Condominium Unit (Residential)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
1
APN
5139-021-090
The source for these homes facts are from public records.
90015
Real Estate
Sale History
(Last 30 days)
Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$715
Median Sold Price
$620,000
Median Sold Price/Sq.Ft.
$663
Total Inventory
84
Median Sale to List Price %
95.38%
Avg Days on Market
57
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (10%), Other (10%)
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.