5 months on rocket

1111 S Grand Ave Unit 518, Los Angeles, CA, 90015

$1,300,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
2,070 SqFt
$628/SqFt
Condo
Schools Nearby

Location

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1111 S Grand Ave Unit 518, Los Angeles$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage, Tandem
Year Built2005
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights
MLS #23331979
Lot Size0.89 Acres
StatusActive

About 1111 S Grand Ave Unit 518

Welcome to urban luxury in the heart of Downtown LA at Elleven South! This breathtaking 5th-floor SE corner unit offers an expansive 2,070 sqft soft-loft with panoramic city views. The space boasts a perfect blend of natural elements, featuring bamboo, raw concrete, glass, and steel, creating an inviting and contemporary atmosphere.The well-designed floor plan includes 2 bedrooms, 2 baths. The floor-to-ceiling windows not only fill the space with an abundance of natural light but also provide unobstructed views of the city, green spaces, and the inviting pool. The kitchen is a chef's dream, equipped with high-end stainless steel appliances, custom granite countertops, and a spacious island perfect for entertaining. Hardwood floors add a touch of sophistication, and motorized roller shades on the expansive windows allow for privacy without compromising the stunning panoramic views. Elleven South goes beyond offering a luxurious living space; it provides an entire urban lifestyle. Residents enjoy access to an array of amenities, including a beautiful outdoor patio area with Viking barbecues, outdoor fireplaces, and a pristine pool and sundeck. The building also features a 24-hour concierge and security for added convenience and peace of mind.Conveniently located close distance to the Crypto.com Arena, LA Convention Center, LA Live, Whole Foods, and the trendiest bars and restaurants in LA, this unit includes the added benefit of 2 tandem parking spaces for secure and convenient parking. This upgraded corner unit is a true gem, featuring modern appliances, premium finishes, and a spacious open floor plan. With resort-like amenities, panoramic views of Downtown, and proximity to cultural hotspots, this condo is a rare find in the heart of South Park. Don't miss the opportunity to make this stunning condo your new home and experience the epitome of urban living!

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 2005
  • Stories: 13
  • Living Area: 2,070 SqFt

Listing Office:

  • Office Name: Dream Realty & Investments Inc
  • Office Phone: (213) 380-8949
  • Listing Agent: Erin Kim

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Interior: Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Parking: Assigned, Garage, Tandem

Virtual/3D Tour

  • 3D Tour: 1111 S Grand Ave Unit 518

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.89 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
  • Contreras Learning Center-School of Social Justice, Public District Grades 9-12
  • School of Business and Tourism At Contreras Learni, Public District Grades 9-12
  • John H. Liechty Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Ninth Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Corner of 11th St and S Grand Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $628/SqFt

HOA Fees:

  • Amount: $971
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1111 S Grand Ave Unit 518 vs Los Angeles

169 DAYS ON ROCKET

+135 Days

$1,300,000

+$313.5K More

$628/SqFt

-$4 Less

KEY TAKEAWAY

This property is $313.5K more than the Median Sold Price and $4/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: #23331979

Listing Office:

  • Office Name: Dream Realty & Investments Inc
  • Office Phone: (213) 380-8949
  • Listing Agent: Erin Kim

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: 5/2/2024, 8:25:19 AM 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

$7,527

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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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.

Elementary School

school-card-donut-4613693
3
/10
  • Ninth Street Elementary School

  • 835 Stanford Ave

  • 0.95 miles

  • Public District Grades KG-5

school-card-donut-4613694
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 5.59 miles

  • Public Magnet Grades KG-6

school-card-donut-4613695
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 22.66 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4613696
2
/10
  • John H. Liechty Middle School

  • 650 S Union Ave

  • 1.00 miles

  • Public District Grades 6-8

school-card-donut-4613697
4
/10
  • Studio

  • 2211 W Avenue 30

  • 4.61 miles

  • Public District Grades 6-8

High School

school-card-donut-4613698
1
/10
  • Contreras Learning Center-Los Angeles School of Global St

  • 322 Lucas Ave

  • 1.13 miles

  • Public District Grades 9-12

school-card-donut-4613699
2
/10
  • Contreras Learning Center-School of Social Justice

  • 322 Lucas Ave

  • 1.13 miles

  • Public District Grades 9-12

school-card-donut-4613700
2
/10
  • School of Business and Tourism At Contreras Learni

  • 322 Lucas Ave

  • 1.13 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,626. The majority of Los Angeles, CA residents have income less than $35k annually. 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 518

What is the listing price of this property?

The listing price of 1111 S Grand Ave Unit 518 property is $1,300,000.

What type of property is this?

The property 1111 S Grand Ave Unit 518 is a condo located in Los Angeles, California, 90015.

Is this property for sale now?

Active Listing: 1111 S Grand Ave Unit 518 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1111 S Grand Ave Unit 518 are:
Ninth Street Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
John H. Liechty Middle School: GreatSchools Rating 2/10
Studio: GreatSchools Rating 4/10
Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 1/10
Contreras Learning Center-School of Social Justice: GreatSchools Rating 2/10
School of Business and Tourism At Contreras Learni: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 1111 S Grand Ave Unit 518 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1111 S Grand Ave Unit 518 is 2,070 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1111 S Grand Ave Unit 518 is 2005.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900151111 S Grand Ave Unit 518

This home is located at 1111 S Grand Ave Unit 518 in Los Angeles, CA and zip code 90015 in the Central LA neighborhood. This 2,070 square foot home, which was built in 2005, sits on a 0.89 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 15, 2023 and is currently priced at $1,300,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. In April 2024 in Los Angeles, CA there were 14.9% more homes for sale than in March 2024. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.

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

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