Downtown Los Angeles Real Estate Market Update: Recently Sold Lofts and Condos in DTLA

A Shimmering Beacon of Modern Luxury – EVO Lofts, Unit #412

The luxury highrise at 1155 S Grand Ave #412, Los Angeles, is a marvel of newer architecture. Tucked within the South Park neighborhood of downtown Los Angeles, the EVO Lofts building radiates the city’s vibrant spirit, underpinned by an aura of opulence and sophistication. As an eco-conscious addition to the cityscape, EVO Lofts presents a seamless blend of comfort, style, and sustainability.

EVO LOFTS FOR SALE   |   FOR LEASE   |   UNLISTED   |   SOLD

Upon entering the 1,450 sqft, two-bedroom soft loft, one is instantly captivated by the city views atop the wide-plank oak floors that elegantly stretch across the expansive open-concept layout. The unit is bathed in an abundance of natural light, pouring in through the floor-to-ceiling windows. The unit provides an unparalleled, panoramic vista of the city’s thriving urban heart, with the iconic Staples Center/Crypto Arena serving as an enticing focal point. The large, private balcony stretches the length of the unit, inviting residents to indulge in the spectacle of the city’s vibrant cityscape, bathed in an array of colors from the breathtaking California sunsets. At night, the glittering city lights and star-studded sky create a mesmerizing tableau, reinforcing the unit’s status as a VIP front-row seat to the dynamic spectacle that is DTLA. The view from this luxury loft is more than just a sight; it’s an ever-changing canvas that captures the dynamic spirit of Los Angeles.

The modern kitchen is a gastronome’s delight, outfitted with state-of-the-art Bosch stainless steel appliances, rich wood cabinetry in teak, and CaesarStone slab countertops. This area is beautifully complemented by a custom-built designer bar, making the space perfect for both intimate dinner parties and large gatherings.

The two bedrooms deliver the promise of serene retreats, each offering privacy and space in equal measure. The primary bedroom is a particular highlight, featuring expansive westerly views, multiple closets, and an en-suite bathroom equipped with a dual vanity plus a separate tub and shower.

Adding to the loft’s appeal is its sizable balcony/terrace that offers a rare opportunity to enjoy alfresco living against the backdrop of the city’s stunning skyline and unforgettable sunsets. The unit also boasts a generously-sized laundry/utility room, offering ample storage space.

EVO Lofts provides a wealth of amenities, including a resort-style pool, spa, fitness center, and BBQ grills, among others. The rooftop lounge is a notable perk, presenting awe-inspiring views of the skyline and mountains.

The building offers the added convenience of its location, placing residents within walking distance of LA Live, the Crypto.com Arena, and the LA Convention Center. Renowned for its eclectic mix of world-class restaurants and pulsating nightlife, DTLA is at your doorstep.

The building’s management deserves mention for their exceptional service, offering 24-hour front desk support, concierge service, and security.

The added commitment to sustainability makes EVO Lofts an attractive option for the eco-conscious buyer. As a LEED Silver certified highrise, the building stands as a testament to the fusion of luxury and environmental responsibility.

In conclusion, unit #412 at 1155 S Grand Ave isn’t just a property; it’s a lifestyle. A perfect choice for anyone seeking the bustling energy of downtown living coupled with the comforts of a modern, luxury highrise.

One thing is certain, whoever acquired this unit didn’t just buy a property, they’ve secured a piece of the vibrant and pulsating heart of Los Angeles. To see today’s market, here’s a list of the most recently transacted properties this week, based on the recent sales data in Downtown Los Angeles (DTLA): | DETAILS AND PHOTOS

  1. A 2 bed, 2 bath unit of 1,084 square feet at TEN50 condo building 1050 S Grand Ave #2004 listed for $1,150,000, which was higher than the sold price of $990,000. The unit was built in 2017 and has homeowner association (HOA) fees of $980. The property was listed for 316 days before it sold.
  2. Another 2 bed, 2 bath unit of 1,450 square feet at Evo 1155 S Grand Ave #412 was sold at its listed price of $835,000. The unit was built in 2008 and has HOA fees of $975.22. This property was listed for just 13 days before it sold, showing a quick turnaround in the market.
  3. At Flower Street Lofts 1130 S Flower St #119, a 2 bed, 2 bath unit of 1,432 square feet was sold for $685,000, lower than its listed price of $729,000. The unit was built in 2003 and does not list HOA fees. The property was on the market for 146 days.
  4. Another unit at 1130 S Flower St, this time #206, which is a 2 bed, 2 bath unit of 1,260 square feet was sold for $600,000, also lower than its listed price of $649,000. This property was also built in 2003 and does not list HOA fees. It was listed for 116 days before selling.
  5. A 1 bed, 1 bath unit of 860 square feet at 1155 S Grand Ave #1214 was sold for $570,000, slightly lower than its listing price of $595,000. The unit was built in 2008 and has HOA fees of $922. The property was on the market for 133 days before it sold.
  6. A 2 bed, 2 bath unit of 1,050 square feet at 222 S Central Ave #441 was sold for $557,000, much higher than its listed price of $299,000. The unit was built in 1985 and has HOA fees of $513. This property sold quickly, within just 33 days of listing.
  7. Lastly, a 1 bed, 1 bath unit of 715 square feet at 421 S La Fayette Park Pl #429 was sold for $405,000, a bit higher than its listed price of $399,500. The unit was built way back in 1971 and has HOA fees of $417. It was on the market for 20 days before it sold.

This data gives a clear picture of the current market conditions in DTLA and can be useful for potential buyers or sellers to make informed decisions. | LIST DETAILS

HOW MUCH IS YOUR LOFT WORTH?

Find out how much your neighbor’s home sold for. Get a free list of recently sold lofts, condos or house in any neighborhood. Fill out the online form:

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Text and photos created or modified by artificial intelligence. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

LOFTS AND CONDOS SOLD IN DOWNTOWN LOS ANGELES THIS WEEK

Sold This Week in Downtown Los Angeles
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LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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Downtown Los Angeles attracts large numbers of young urban professionals who are more likely to move more often. Lofts Downtown Los Angeles see a higher turnover rate than most other neighborhoods because the residents have faster upward mobility and more life changes. Prospective loft buyers and home sellers can see what the real prices are and what the real market is in DTLA by looking at the latest week’s Sold Lofts and Condos.  #sold #dtla

312 W 5th Street is the lowest price and first in the list. Recently sold comparable properties are often referred to as comps. Condos downtown los angeles and lofts recently sold are listed below:

lofts-condos-sold-downtown-los-angeles-170712-j

Listing Photo
1 Beds
Baths  1.00 (1F 0T 0H 0Q)
670/AS Sq Ft
$604.48 SP $/Sq Ft
Lot Size: 27,285/OT
Year Built: 1923
Area: 42
HOA 1&2: $252.00 (Monthly)
MLS #: 17-230274
Listing Photo
1 Beds
Baths  1.00 (1F 0T 0H 0Q)
735 Sq Ft
$639.00 SP $/Sq Ft
Lot Size: 138,016
Year Built: 2005
Area: 23
HOA 1&2: $400.00 (Monthly)
MLS #: SB17038780MR
Listing Photo
0 Beds
Baths  1.00 (1F 0T 0H 0Q)
674/OW Sq Ft
$749.00 SP $/Sq Ft
Lot Size: 15,922
Year Built: 1911
Area: 42
HOA 1&2: $436.00 (Monthly)
MLS #: CV17089388MR
Listing Photo
2 Beds
Baths  2.00 (2F 0T 0H 0Q)
1,217/VN Sq Ft
$468.36 SP $/Sq Ft
Lot Size: 123,904/VN
Year Built: 1982
Area: 42
HOA 1&2: $1,068.00 (Monthly)
MLS #: 17-215688
Listing Photo
2 Beds
Baths  2.00 (2F 0T 0H 0Q)
1,042/VN Sq Ft
$606.53 SP $/Sq Ft
Lot Size: 138,016/VN
Year Built: 2005
Area: 23
HOA 1&2: $427.30 (Monthly)
MLS #: 17-194748
Listing Photo
0 Beds
Baths  2.00 (2F 0T 0H 0Q)
1,140 Sq Ft
$662.00 SP $/Sq Ft
Lot Size: 39,304
Year Built: 2007
Area: 42
HOA 1&2: $428.00 (Monthly)
MLS #: AR17120951MR
Listing Photo
0 Beds
Baths  1.00 (1F 0T 0H 0Q)
950/AS Sq Ft
$789.47 SP $/Sq Ft
Lot Size: 17,383/VN
Year Built: 2007
Area: 42
HOA 1&2: $405.67 (Monthly)
MLS #: 17-231946
Listing Photo
2 Beds
Baths  2.00 (2F 0T 0H 0Q)
1,200/VN Sq Ft
$679.17 SP $/Sq Ft
Lot Size: 58,984/VN
Year Built: 1985
Area: 42
HOA 1&2: $870.00 (Monthly)
MLS #: 17-216408
Listing Photo
2 Beds
Baths  2.00 (2F 0T 0H 0Q)
1,560/VN Sq Ft
$570.51 SP $/Sq Ft
Lot Size: 18,467/VN
Year Built: 2005
Area: 42
HOA 1&2: $400.00 (Monthly)
MLS #: 17-209664
Listing Photo
2 Beds
Baths  2.00 (2F 0T 0H 0Q)
1,625/VN Sq Ft
$584.62 SP $/Sq Ft
Lot Size: 83,397/VN
Year Built: 1983
Area: 42
HOA 1&2: $844.00 (Monthly)
MLS #: 17-232112
Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. MLSPLUS™ Copyright © 2017 by TheMLS™. Information deemed reliable but not guaranteed. Presented by: Corey Chambers CalBRE#:01889449 | DMCA

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Taking a look at what Downtown lofts and condos have sold for is a great way to educate yourself on the marketplace. Knowing what a nearby home sold for can help you determine what your home might sell for if you decided to put it on the market. We can give a head-start by giving you privileged access to a FREE computerized printout of recent Home Sales and Current Listings mailed to you at No Cost or Obligation.

Whether you’re planning to move or not, you can request this free service at LAloftPrice.com.  Fill out my online form.

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
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SB Grand Sold

Copyright © 2015 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 478-0499 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.