tomo logo

$545,000

Beds
1
Baths
1.0
sq ft
1,100

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

1111 S Grand Ave Unit 702

Los Angeles, CA 90015

  • 19 days on market
    • Open house Feb 22
Experience the best of Downtown LA living in this stunning loft-style condo at Elleven, a premier high-rise in the vibrant South Park district. With 1,100 square feet of thoughtfully designed space, this west-facing home boasts panoramic floor-to-ceiling windows that fill the unit with golden afternoon light and offer serene views of the lush pool terrace below. The open-concept floor plan blends modern design with functionality, featuring beautiful hardwood floors, a private sleeping area with a custom sliding door, and a chef’s kitchen with granite countertops, a generous island, and stainless steel appliances—perfect for both casual dining and entertaining. A large in-unit utility room with a high-end washer and dryer adds to the home’s convenience and practicality. Beyond the walls of this sophisticated residence, Elleven offers an array of luxury amenities designed for effortless urban living. Enjoy a sparkling lap pool, hot tub, sundeck, and a sprawling half-acre outdoor terrace with BBQ and lounge areas—a rare oasis in the city. The 24-hour concierge and security, a chic clubhouse, and a multi-purpose lounge elevate the experience even further. Located just steps from Crypto.com Arena, LA Live, Whole Foods, and some of LA’s top-rated dining and nightlife, this residence puts you at the epicenter of growth and excitement. With billions of dollars in upcoming developments and infrastructure upgrades ahead of the 2026 FIFA World Cup and 2028 Summer Olympics, the future of Downtown LA has never been brighter. Whether you’re seeking a stylish urban retreat or a smart investment in a rapidly appreciating market, this home is an opportunity you won’t want to miss. Schedule a private tour today!

Details

Property type

Condominium

Est. home value

$688,090

Property condition

Updated/Remodeled

Lot size

0.892 acres

Price per sq ft

$496

Year built

2005

Monthly HOA fee

$940.02

Price History

02/03/2025
CRMLS

CRMLS #BB25023169

Listed
$545,000
-5.22%
01/20/2025
CLAW

CLAW #24417535

Removed
$575,000
12/07/2024
CLAW

CLAW #24417535

Price change
$575,000
-2.54%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

176

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$220,707
Asking price
$545,000
Closing costs (~8% of asking)
-$43,600
Est. remaining loan balance
-$280,693
Cash to seller
$220,707

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pacific Bay Lending Group

Loan start date

October 2015

Original loan amount

$350,000

Est. remaining balance

$280,693

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Clara Suh

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/22/2025 at 10:25 AM

Listing updated: 02/18/2025 at 2:07 PM

Listed by: Sarkis Ter-Minasyan, Real Brokerage Technologies Phone #: (855) 450-0442

MLS: CRMLS #BB25023169

CRMLS logo

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