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ActiveCondominium

1111 S Grand Avenue 702

Los Angeles, CA, 90015

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$475,000

Original list price: $490,000

MLS: BB25180277

Beds

1

Baths

1

Sq Ft

1,100

Lot

0.89 ac

Year Built

2005

MLS #

BB25180277

Days on Market

356

Listed

Aug 11, 2025

Description

Elleven #702 offers approximately 1,100 square feet of light-filled loft living in the heart of DTLA’s South Park. West-facing, floor-to-ceiling windows frame pool-terrace views and fill the open, gallery-style interior with natural light. Hardwood floors, a defined bedroom area, and generous living and dining zones create a flexible setting for relaxing and entertaining. The kitchen is anchored by a granite-topped island and stainless-steel finishes, while an oversized in-unit utility room with premium washer and dryer adds exceptional convenience. Elleven is a 2005 LEED-verified building with a lap pool, spa, half-acre outdoor terrace with BBQ lounges, clubhouse, resident lounge, concierge, and security services. One assigned, gated parking space is included. Close to L.A. Live, Whole Foods, dining, entertainment, transit, and DTLA’s premier sports and cultural destinations. Walk Score 94. A rare opportunity to own a spacious one-bedroom loft with parking, outstanding amenities, and the flexibility to make it your own.

Location

Los Angeles, Los Angeles County, CA 90015

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Listed by: Sarkis Ter-Minasyan · Real Brokerage Technologies

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$4,660

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $47,500 · Loan: $427,500

%

Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$2,747
Property tax (1.25%)
$495
Homeowners insurance
$300
Mortgage insurance
$178
HOA dues
$940
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Jul 30, 2026

30-year fixed
6.66%
15-year fixed
6.04%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $16,625 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Los Angeles, CA 90015 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.