1111 S Grand Avenue PH1
Los Angeles, CA, 90015
$2,850,000
MLS: 26650413
Beds
3
Baths
3
Sq Ft
2,660
Lot
0.89 ac
Year Built
2005
MLS #
26650413
Days on Market
50
Listed
Feb 10, 2026
Description
A rare opportunity to own a highly sought-after corner penthouse in the heart of Downtown Los Angeles' prestigious South Park neighborhood. Located at 1111 S Grand Avenue in a LEED Gold-certified luxury high-rise, this residence offers the perfect balance of sophistication, comfort, and convenience. Residents enjoy resort-style amenities including 24-hour security, controlled access, concierge service, pool, spa, outdoor lounge areas, BBQ spaces, and a beautifully designed resident lounge. This rarely available L-shaped corner penthouse features soaring ceilings and expansive floor-to-ceiling windows that fill the home with natural light while showcasing stunning Downtown skyline views. The open concept layout creates a seamless flow between the living and dining areas, offering both elegance and functionality for everyday living and entertaining. One of the most remarkable features of this home is the approximately 800 square foot private balcony, an extraordinary outdoor space rarely found in high-rise residences. Large enough to accommodate multiple seating areas and outdoor dining, it truly extends the living space outdoors. Whether enjoying a quiet morning coffee or hosting guests against the backdrop of the city lights, this terrace offers a level of indoor-outdoor living that is both rare and highly desirable. Additional highlights include non-tandem parking, a dedicated storage unit, and a thoughtfully designed floor plan that provides flexibility for a home office or private retreat. Ideally located just moments from Crypto.com Arena, LA Live, Whole Foods, renowned restaurants, and vibrant entertainment venues, this penthouse offers a refined urban lifestyle in one of Downtown LA's most dynamic neighborhoods.
Location
Los Angeles, Los Angeles County, CA 90015
Open on Google Maps ↗Listed by: Kyung Kim · Dream Realty & Investments Inc
Payment estimate
$20,097
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $285,000 · Loan: $2,565,000
- Principal & Interest
- $15,760
- Property tax (1.25%)
- $2,969
- Homeowners insurance
- $300
- Mortgage insurance
- $1,069
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $99,750 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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