ActiveCondominium

1111 S Grand Avenue PH 5

Los Angeles, CA, 90015

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$3,600,000

MLS: OC26120568

Beds

3

Baths

3

Sq Ft

3,150

Lot

0.89 ac

Year Built

2005

MLS #

OC26120568

Days on Market

1

Listed

Jun 11, 2026

Description

Perched atop an iconic building in Downtown LA’s South Park district, this rare 3,150-square-foot corner penthouse offers breathtaking panoramic views. Fully renovated in 2023, the residence features an expansive open-concept layout with soaring ceilings, hardwood floors, and walls of glass that flood the home with light. The chef-inspired gourmet kitchen is appointed with top-of-the-line appliances, custom finishes, and recessed lighting. The grand living and dining areas flow seamlessly, creating an ideal space for entertaining, complete with a stylish fireplace. This residence includes three spacious bedrooms and 2.5 spa-inspired baths. Additional features include a separate laundry room, dual private entrances, two side-by-side parking spaces, and two oversized storage units. Two spectacular private terraces offer the perfect backdrop for indoor-outdoor living, complete with a gas grill hookup and commanding skyline vistas. A truly exceptional opportunity in one of LA’s most sought-after luxury addresses.

Location

Los Angeles, Los Angeles County, CA 90015

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Listed by: Janet Kim · Team Spirit Realty

Payment estimate

$27,324

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $360,000 · Loan: $3,240,000

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$20,522
Property tax (1.25%)
$3,750
Homeowners insurance
$300
Mortgage insurance
$1,350
HOA dues
$1,402
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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 Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

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 $126,000 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.

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.