Under ContractCondominium

801 S Grand Avenue 1306

Los Angeles, CA, 90017

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$650,000

MLS: 26638175

Beds

2

Baths

2

Sq Ft

1,200

Lot

1.35 ac

Year Built

1985

MLS #

26638175

Days on Market

78

Listed

Jan 20, 2026

Description

Located at the entrance of South Park in the Sky Lofts tower in Downtown Los Angeles, this recently painted, move-in ready residence offers approximately 1,200 square feet of well-designed living space with a bright north-facing orientation and expansive floor-to-ceiling windows. The open layout features hardwood flooring, recessed lighting, a contemporary kitchen with stainless steel appliances, and in-unit laundry for everyday convenience. This loft-style home features two separate bedroom spaces that are currently open and can easily be enclosed for added privacy and flexibility. Positioned directly across from Whole Foods and moments from LA Live, The Bloc, Metro access, dining, and entertainment, this home delivers excellent walkability and a central DTLA lifestyle. Residents enjoy a full-service building with 24-hour front desk and security, fitness center, resident lounge, and theater. An ideal opportunity for buyers seeking a turnkey Downtown LA residence in a prime location.

Location

Los Angeles, Los Angeles County, CA 90017

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Listed by: Paul Salazar · Compass

Payment estimate

$4,815

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $65,000 · Loan: $585,000

%
Principal & Interest
$3,594
Property tax (1.25%)
$677
Homeowners insurance
$300
Mortgage insurance
$244
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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 $22,750 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.

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Local Market Stats

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