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1111 S Grand Ave APT 702, Los Angeles, CA, 90015

1beds
1baths
1,100sqft
$475,000
$432price/sqft
$3,398/moest. monthly cost
$135,920/yrincome needed

About This Home

Under $500k with day-one income—Elleven #702 is a sun-splashed, west-facing 1BR/1BA (~1,100 SF) loft with floor-to-ceiling glass over the pool terrace in DTLA’s South Park. Open, gallery-style plan with hardwood floors, custom sleeping area, and an entertainer’s kitchen (granite island + stainless). Oversized in-unit utility room with premium W/D. 2005 LEED-verified tower with a true amenity stack: lap pool, spa, 1/2-acre outdoor terrace w/ BBQ lounges, 24-hr concierge/security, clubhouse & lounge. One assigned, gated parking. Tenant in place at $2,700/mo on a 9-month lease—collect cash flow now and choose later to renew, reset, or occupy. Moments to Crypto Arena, LA Live & Whole Foods; high WalkScore. Sale subject to existing lease. Showings by appt—48 hrs requested; 24 hrs required. Please do not disturb occupant.

Getting Around

94
WalkingWalker's Paradise
100
TransitRider's Paradise
83
BikeVery Bikeable

Schools

7/10
Ninth Street SchoolGrades K-51.0 mi
2/10

Construction

Condition

  • Property condition: Repairs Cosmetic,Updated/Remodeled,Turnkey
  • Year built: 2005

Materials

  • Foundation: Quake Bracing,Slab
  • Roof: Concrete,Flat
  • Construction materials: Glass,Metal Siding,Concrete

Type & Style

  • Home type: Condo
  • Architectural style: Modern
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Built-In Range,Dishwasher,Electric Oven,Freezer,Gas Cooktop,Disposal,Gas Oven,Gas Range,Microwave,Refrigerator,Vented Exhaust Fan,Dryer,Washer
  • Laundry features: Inside,Laundry Room,Stacked

Bathroom

  • Features: Bathroom Exhaust Fan,Low Flow Plumbing Fixtures,Tub Shower

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Breakfast Bar,Separate/Formal Dining Room,Eat-in Kitchen,High Ceilings,Open Floorplan,Stone Counters,Recessed Lighting,Track Lighting,Unfinished Walls,Bedroom on Main Level,Loft
  • Door features: Sliding Doors
  • Window features: Custom Covering(s),Double Pane Windows,Screens
  • Flooring: Tile,Wood
  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,100 sqft

Kitchen

  • Features: Granite Counters,Kitchen Island,Stone Counters

Property

Accessibility

  • Accessibility features: Customized Wheelchair Accessible,Accessible Doors

Details

  • Parcel number: 5139021090
  • Attached to another structure: Yes
  • Zoning: LAR5
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Grand Avenue
  • Pool features: Community,Fenced,Filtered,Heated,Lap,Association
  • Has spa: Yes
  • Spa features: Association,Community,Heated
  • Fencing: Excellent Condition,Privacy
  • Has view: Yes
  • View description: City Lights,Courtyard,Pool,Trees/Woods

Lot

  • Lot size: 0.89 Acres
  • Features: Corner Lot,Corners Marked,Landscaped,No Landscaping,Near Public Transit

Parking

  • Total spaces: 1
  • Parking features: Assigned,Controlled Entrance,Covered,Underground,Garage,Garage Door Opener,Gated,One Space,Community Structure
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $2,401$28,812
Home Insurance *$89$1,068
Property Taxes $510$6,120
Electricity $398$4,786
Total$3,398$40,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,502/yr
40% on housing$101,940/yr
45% on housing$90,613/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$432This listing

vs Other Active Listings

Avg $/sqft

ZIP 90015$373
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90015$748
Los Angeles County$610

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)

No zestimate history available

Price History

DateEventPrice
2026-03-25Price change$475,000
2025-09-04Listing removed$2,700
2025-08-11Listed for rent$2,700
2025-07-08Listing removed$500,000
2025-06-29Listed for sale$500,000
2025-01-20Listing removed$575,000
2024-12-07Price change$575,000
2024-08-28Price change$590,000
2024-07-30Price change$600,000
2024-07-19Listed for sale$610,000
2024-05-01Listing removed--
2024-04-08Price change$630,000
2024-03-26Listed for sale$650,000
2015-10-29Sold$605,000
2015-09-24Pending sale$625,000
2015-08-06Listed for sale$625,000
2014-04-08Listing removed$2,750
2014-02-14Listed for rent$2,750
2007-04-25Sold$515,000

For Sale by Agent

AgentSarkis Ter-Minasyan
BrokerageReal Brokerage Technologies

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