4 months on rocket

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

$590,000

Home List Price

$7,006*

Closing Credit

1 Bedroom
1 Full Bath
1,100 SqFt
$536/SqFt
Condo

Location

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1111 S Grand Ave Unit 702, Los Angeles$590,000

Buyer Closing Credits

$7,006*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Controlled Entrance, Covered, Underground, Garage, Garage Door Opener, Gated, One Space, Community Structure
Attached Garage1 space
Year Built2005
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights, Other, Panoramic, Pool, Trees/Woods
MLS #24417535
Lot Size0.89 Acres
StatusActive

About 1111 S Grand Ave Unit 702

PRICE JUST REDUCED! 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. South Park is the quiet and highly manicured part of Downtown LA. Mere steps to Crypto.com Arena, LA Live, Regal Cinemas, Whole Foods, and an abundant restaurant and the mixology bar scene. This is a GREAT time to live & invest in Downtown LA: U.S. SUPREME COURT HAS RULED THAT CITIES CAN BAN HOMELESS ENCAMPMENTS & BILLIONS of dollars are going into DTLA development projects in preparation for the 2026 World Cup, and 2028 Summer Olympics, incl. newly paved streets everywhere, plus exciting new construction in the neighborhood. AGENTS SEE PRIVATE & SHOWING REMARKS!

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 2005
  • Stories: 13
  • Living Area: 1,100 SqFt

Listing Office:

  • Office Name: Premier Real Estate Broker, Inc.
  • Office Phone: (213) 995-5055
  • Listing Agent: Rasmus Ray Lee

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Range, Microwave, Oven, Refrigerator, Vented Exhaust Fan, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Country Kitchen, Open Floorplan, Recessed Lighting, Track Lighting, Unfinished Walls, Loft, Utility Room
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Other, Panoramic, Pool, Trees/Woods

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Controlled Entrance, Covered, Underground, Garage, Garage Door Opener, Gated, One Space, Community Structure

Lot Features

Lot Information:

  • Lot: Corners Marked, Landscaped
  • Lot Size: 0.89 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Corner of Grand Ave and 11th St. Just a few blocks East of the Staples Ctr., and LA Live.

Price Information

Listing Price Info

Price Summary:

  • List Price: $590,000
  • Price Per SqFt: $536/SqFt

HOA Fees:

  • Amount: $908
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1111 S Grand Ave Unit 702 vs Los Angeles

121 DAYS ON ROCKET

+83 Days

$590,000

-$433.4K Less

$536/SqFt

-$105 Less

KEY TAKEAWAY

This property is $433.4K less than the Median Sold Price and $105/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24417535

Listing Office:

  • Office Name: Premier Real Estate Broker, Inc.
  • Office Phone: (213) 995-5055
  • Listing Agent: Rasmus Ray Lee

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,920

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,835

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-535752
4
/10

  • 10th Street Elementary School

  • 1000 Grattan St

  • 0.78 miles

  • Public District Grades 1-5

school-card-donut-535753
4
/10

  • San Pedro Street Elementary

  • 1635 S San Pedro St

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-535754
7
/10

  • Equitas Academy #3 Charter

  • 1050 Beacon Ave

  • 0.90 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,626. Most Los Angeles, CA residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1111 S Grand Ave Unit 702

What is the listing price of this property?

The listing price of 1111 S Grand Ave Unit 702 property is $590,000.

What type of property is this?

The property 1111 S Grand Ave Unit 702 is a condo located in Los Angeles, California, 90015.

Is this property for sale now?

Active Listing: 1111 S Grand Ave Unit 702 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1111 S Grand Ave Unit 702 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1111 S Grand Ave Unit 702 is 1,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1111 S Grand Ave Unit 702 is 2005.

Rocket Homes›California›Los Angeles County›Los Angeles›90015›1111 S Grand Ave Unit 702

This home is located at 1111 S Grand Ave Unit 702 in Los Angeles, CA and zip code 90015 in the Central LA neighborhood. This 1,100 square foot home, which was built in 2005, sits on a 0.89 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $590,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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