$490,000

Elleven South 1111 S Grand Ave Unit 702 Floor 1 Los Angeles, CA 90015

Downtown LA Neighborhood

Estimated payment $4,277/month

Total Views 4,568
1 Bed
1 Bath
1,100 Sq Ft
$445 Price per Sq Ft

Highlights

  • Concierge
  • Filtered Pool
  • City Lights View
  • 24-Hour Security
  • Automatic Gate
  • 1-minute walk to South Park Commons

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.

Listing Agent

Sarkis Ter-Minasyan

Real Brokerage Technologies Brokerage Phone: 818-572-9557 License #02062179 Listed on: 08/11/2025

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • Two or More Common Walls
  • West Facing Home
  • Privacy Fence
  • Fenced
  • Fence is in excellent condition
  • Landscaped
  • Corners Of The Lot Have Been Marked

HOA Fees

  • $940 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Automatic Gate
  • Parking Lot
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • City Lights
  • Woods
  • Pool
  • Courtyard

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Cosmetic Repairs Needed
  • Flat Roof Shape
  • Slab Foundation
  • Unfinished Walls
  • Concrete Roof
  • Metal Siding
  • Pre-Cast Concrete Construction
  • Seismic Tie Down
  • Quake Bracing

Interior Spaces

  • 1,100 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Track Lighting
  • Double Pane Windows
  • Custom Window Coverings
  • Window Screens
  • Sliding Doors
  • Entryway
  • Combination Dining and Living Room
  • Loft
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • Customized Wheelchair Accessible
  • Doors swing in

Eco-Friendly Details

  • Energy-Efficient Construction
  • Energy-Efficient Lighting

Pool

  • Filtered Pool
  • Heated Lap Pool
  • Exercise
  • Fence Around Pool
  • Heated Spa

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 60746
  • Assessor Parcel Number 5139021090
  • Seller Considering Concessions

Community Details

Overview

  • Master Insurance
  • 176 Units
  • Elleven HOA, Phone Number (213) 749-9255
  • Action Property Management HOA
  • Maintained Community
  • 13-Story Property

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Meeting Room
  • Recreation Room

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$940 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Gated with Attendant, Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Gated with Guard, Guarded, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: LAR5
  • Architectural Style: Modern
  • Property Condition: Repairs Cosmetic, Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5139021090
  • Year Built: 2005
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1100.00 Square Feet
  • Interior Amenities: High Ceilings, Open Floorplan, Recessed Lighting, Stone Counters, Track Lighting, Unfinished Walls
  • Stories: 13
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: Customized Wheelchair Accessible, Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen, In Living Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 445.45
  • Room Type: Entry, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom
  • Spa Features: Association, Community, Heated
  • Window Features: Custom Covering, Double Pane Windows, Screens
  • Bathroom Features: Low Flow Toilet(s), Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters, Kitchen Island, Stone Counters

Exterior Features

  • Direction Faces: West
  • Foundation: Quake Bracing, Slab
  • View: City Lights, Courtyard, Pool, Trees/Woods
  • Fence: Yes
  • Fencing: Excellent Condition, Privacy
  • Pool Features: Association, Community, Exercise Pool, Fenced, Filtered, Heated, Lap
  • Pool Private: No
  • Roof: Concrete, Flat
  • Spa: Yes
  • Construction Materials: Concrete, Glass, Metal Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Covered, Garage, Garage Door Opener, Gated, Parking Space, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Stackable, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Clubhouse, Recreation Room, Meeting Room, Concierge, Gas, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Pets Permitted, Security, Controlled Access
  • Association Fee: 940.02
  • Association Fee Frequency: Monthly
  • Association Name: Elleven HOA
  • Phone: 213-749-9255
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Urban
  • Association Management: Action Property Management

Green Features

  • Efficiency: Construction, Lighting

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Corners Marked, Landscaped, Near Public Transit, No Landscaping
  • Lot Size Sq Ft: 38857.00
  • Lot Size Acres: 0.8920
  • Latitude Manual: 34.04156300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 38857.0000 Square Feet
  • Number Of Units In Community: 176
  • Number Of Units Total: 176

Tax Info

  • Tax Census Tract: 2079.02
  • Tax Lot: 1
  • Tax Tract Number: 60746

Map

About Elleven South

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,103 $716,191 $124,295 $591,896
2024 $9,103 $702,149 $121,858 $580,291
2023 $8,913 $688,382 $119,469 $568,913
2022 $8,495 $674,885 $117,127 $557,758
2021 $8,298 $661,653 $114,831 $546,822
2019 $8,036 $642,030 $111,426 $530,604
2018 $8,015 $629,442 $109,242 $520,200
2016 $7,663 $605,000 $105,000 $500,000
2015 $7,209 $573,989 $143,690 $430,299
2014 $6,758 $525,000 $132,000 $393,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2025 09/04/25 Rented $2,700 0.0% --
08/11/2025 08/11/25 For Rent $2,700 0.0% --
08/11/2025 08/11/25 For Sale $490,000 -- $445 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Equity Title Company
Grant Deed $605,000 Equity Title Company
Interfamily Deed Transfer -- Lsi
Grant Deed -- Ticor Title Company Of Ca
Grant Deed -- None Available
Grant Deed $515,000 Equity Title Company
Grant Deed -- Ticor Title Co Glendale
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $417,000 Purchase Money Mortgage
Previous Owner $411,920 Purchase Money Mortgage
Previous Owner $359,029 Fannie Mae Freddie Mac
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB25180277

California Regional Multiple Listing Service (CRMLS)

APN: 5139-021-090

California Los Angeles County Los Angeles 90015 Downtown LA

1111 S Grand Ave Unit 702, Los Angeles, CA

For Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Sarkis Ter-Minasyan
Listing Agent
Sarkis Ter-Minasyan
Section Image
Real Brokerage Technologies
(818) 572-9557