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1155 South Grand Avenue, 1111, Los Angeles, CA 90015

$399K1bd · 1ba · 760 sqft
Lot 52,763 sqft•HOA $1019/mo•Condominium•
Active
•111d on market•MLS# 00-26673237

Property Description

Value, Value, Value!!! LARGE PRICE REDUCTION!!! Exceptional opportunity to own a luxury 1-bedroom residence at Evo, one of South Park DTLA's premier high-rise buildings, and arguably one of the best and most competitively priced luxury properties currently available in the neighborhood. Offered at an incredible value, this bright and beautifully maintained condominium features an open floor plan with abundant daytime natural light, immaculate hardwood floors, top-of-the-line stainless-steel kitchen appliances, elegant Caesarstone countertops in the kitchen and bathroom, in-unit washer/dryer, and Seller's designer furniture included with the sale. HOA dues cover gas, water, trash, internet, and 1 parking space, with electricity costs approximately $28 per month according to the Seller. Evo offers a full-service, hotel-inspired lifestyle with exceptional amenities, including a fitness center, 24th-floor resident lounge and clubhouse, and a resort-style 6th-floor outdoor terrace with pool, spa, sundeck, BBQ area, lounge seating, full kitchen, and flat-screen TVs. One parking space is included in the building's subterranean garage. Enjoy the best of South Park DTLA living, just moments from Pine & Crane, South Park Grocery, Prank Bar, Sonoritas, Starbucks, Crypto.com Arena, LA Live, the Ritz-Carlton, USC Village, Whole Foods, Bottega Louie, and Pico Metro Station. With a Walk Score of 95 and Transit Score of 100, this is true downtown convenience. South Park DTLA is positioned at the center of major neighborhood transformation leading into the 2028 Olympics, with Crypto.com Arena designated within the LA28 Downtown venue zone and the long-stalled Oceanwide Plaza megaproject next to LA Live now under new ownership and exterior cleanup efforts underway. These developments underscore the potential long-term upside, renewed investment interest, and Olympic-driven momentum in this premier downtown micro-market. A rare chance to invest in the future of Los Angeles today at an incredible low price. AGENTS: Please see private and showing remarks.

Features & Amenities

FeeBuilt 2008

Property Details

Land Type
Fee
Year Built
2008
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air, Gas
View
City Lights, Landmark, Mountain(s), Panoramic, Pool
Flooring
Wood
City
Los Angeles
Zip Code
90015
County
Los Angeles
Listed byPremier Real Estate, Rasmus Ray Lee

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,017.56
Principal & Interest
Loan Amount
$319,200
Total Interest
$407,122
Total Payment Over 30 Years
$726,322
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1155 South Grand Avenue, 1111, Los Angeles, CA 90015

Los Angeles · Condominium

$399K
Affordable Tier
Beds
1
Baths
1
Sqft
760
Lot
1.21 ac
Year
2008
$/Sqft
$525
Pool: Yes✓
Spa: Yes✓
View: city✓

Listed 14.7% below the median closed sale of $468,000. Price per sqft ($525) is a 21% discount to closed comps ($661). Closed comps sold at 102% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $399K· $525/sqft
Total list price
Closed comps
vs closed median $468K
−$69K (−14.7%)
Active comps
vs active median $470K
−$71K (−15.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $691
−$166 (−24.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2939 Leeward AvenueLos Angeles20181159037,166$678$399,99916681
267 San Pedro StreetLos Angeles2006116900$362$249,90051780
889 Francisco StreetLos Angeles20171278098,939$768$599,00048875
400 BroadwayLos Angeles20191147036,154$1,043$490,00035373
5000 CentinelaLos Angeles197011780142,828$603$470,00032471
Total: 5 · Average1.01.266278,771.75$690.8$441,779.8369.6
Median690$470,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
533 St Andrews PlaceLos Angeles198710/09/20261182433,844$399,000$410,000$4981.035783
4411 Los Feliz BoulevardLos Angeles196610/08/20261177893,238$685,000$725,000$9321.066880
1119 AlbanyLos Angeles198310/07/202611650147,380$200,000$210,000$3231.053977
7300 Franklin AvenueLos Angeles197410/07/20261182686,449$475,000$468,000$5670.9812476
4455 Los Feliz BoulevardLos Angeles196610/06/20261183593,238$835,000$823,750$9870.997374
Total: 5 · Average1.01.0782.690,829.8$527,350$527,350$661.4—72.2
Median824$468,000$468,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.