1111 S Grand Ave #Penthouse 1, Los Angeles, CA, 90017
About This Home
A rare opportunity to own a highly sought-after corner penthouse in the heart of Downtown Los Angeles' prestigious South Park neighborhood. Located at 1111 S Grand Avenue in a LEED Gold-certified luxury high-rise, this residence offers the perfect balance of sophistication, comfort, and convenience. Residents enjoy resort-style amenities including 24-hour security, controlled access, concierge service, pool, spa, outdoor lounge areas, BBQ spaces, and a beautifully designed resident lounge. This rarely available L-shaped corner penthouse features soaring ceilings and expansive floor-to-ceiling windows that fill the home with natural light while showcasing stunning Downtown skyline views. The open concept layout creates a seamless flow between the living and dining areas, offering both elegance and functionality for everyday living and entertaining. One of the most remarkable features of this home is the approximately 800 square foot private balcony, an extraordinary outdoor space rarely found in high-rise residences. Large enough to accommodate multiple seating areas and outdoor dining, it truly extends the living space outdoors. Whether enjoying a quiet morning coffee or hosting guests against the backdrop of the city lights, this terrace offers a level of indoor-outdoor living that is both rare and highly desirable. Additional highlights include non-tandem parking, a dedicated storage unit, and a thoughtfully designed floor plan that provides flexibility for a home office or private retreat. Ideally located just moments from Crypto.com Arena, LA Live, Whole Foods, renowned restaurants, and vibrant entertainment venues, this penthouse offers a refined urban lifestyle in one of Downtown LA's most dynamic neighborhoods.
Getting Around
Walker's Paradise
Rider's Paradise
Very BikeableSchools
Construction
Condition
- Year built: 2005
Type & Style
- Home type: Condo
- Architectural style: Contemporary
- Property subType: Residential,Condominium
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Microwave,Range/Oven,Refrigerator,Washer,Dryer
- Laundry features: In Unit
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Features
- Built-Ins
- Flooring: Wood
- Fireplace features: Living Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 2,660
- Total interior livable area: 2,660 sqft
Property
Details
- Parcel number: 5139021197
- Attached to another structure: Yes
- Zoning: LAR5
- Special condition: Standard
Features
- Levels: One
- Pool features: Community
- Exterior features: Balcony
- Has view: Yes
- View description: City
- Waterfront features: None
Lot
- Lot size: 0.89 Acres
Parking
- Total spaces: 2
- Parking features: Community Structure
- Has garage: Yes
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $14,411 | $172,932 |
| Home Insurance * | $617 | $7,404 |
| Property Taxes | $1,591 | $19,092 |
| Electricity | $570 | $6,844 |
| Total | $17,189 | $206,268 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-12 | Listed for sale | $2,850,000 |
View on Zillow