ActiveCondominium

1111 S Grand Avenue PH3

Los Angeles, CA, 90015

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$1,415,000

MLS: 26648745

Beds

2

Baths

3

Sq Ft

1,950

Lot

0.89 ac

Year Built

2005

MLS #

26648745

Days on Market

65

Listed

Feb 11, 2026

Description

Welcome to modern urban living at ELLEVEN, this Gold LEED luxury building in the heart of DTLA's Social District, this rare Penthouse unit offers plenty of living space, 2 SIDE by SIDE parking spots & EV CHARGER!! huge north to south walk out balcony, tons of custom closets, 14 ft. floor to ceiling windows, hardwood flooring with open kitchen to living room spaces for all your live/work & entertaining needs. This open loft concept offers an enclosed main bedroom & 2nd enclosed bedroom ideal for office, den or second bedroom. Upgraded and spacious bathrooms with custom tilework and hardware. 2 parking spaces premium side by parking spots on the main level are rare. The Eleven offers: pool, spa, BBQ, sun deck, 24-hour concierge & controlled access lobby. Blocks from Peacock Theatre, Whole Foods, Ritz Carlton, FIDM, bars, restaurants, nightlife and the PICO metro station offer an amazing Walk Score!

Location

Los Angeles, Los Angeles County, CA 90015

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Listed by: Abraham Hernandez · Loftway

Payment estimate

$10,129

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $141,500 · Loan: $1,273,500

%
Principal & Interest
$7,825
Property tax (1.25%)
$1,474
Homeowners insurance
$300
Mortgage insurance
$531
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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 $49,525 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

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

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