Recent Closings Watch: Downtown LA and South Park (July 2026)

This is a dated reading of Downtown Los Angeles condo values, built only from what our own building pages render from the live CRMLS feed. Rather than a single tower, this week we read four at once — three along the South Park blocks of Grand Avenue and Hope Street, plus one across the tracks in the Arts District — because their closed-comparable tables, taken together, sketch the shape of the DTLA resale market. Every figure below is quoted from those pages as of this writing; the feed refreshes continuously, so treat this as a snapshot and pull the live pages before you price anything.

How to read these tables

Each building profile carries a sales-stats page with a Closed comparables table, matched to the building's street address in the live feed. One caution before the numbers: those tables blend recorded sales with closed leases, so a unit that "sold" for $4,600 is a monthly rent, not a purchase. The figures below are the genuine sale closings only — six- and seven-figure prices with sensible price per square foot. For citywide context, our market report at /market-stats renders the current Los Angeles condo figures; as of July 14, 2026 it showed an $870,000 median, $732 per square foot, 1,932 active condo listings, 9.5 months of supply, 48 days on market, and price off about 1.1% year over year.

Ten50: the block's newest tower

Ten50, at 1100 South Grand Avenue, is South Park's most recent condo high-rise, and its closings table runs almost entirely to two-bedroom, two-bath homes. The recorded sales the page renders start with unit A209, 1,287 square feet, at $715,000 — about $556 a foot — and climb to unit A601, 1,660 square feet, at $1,225,000, about $738 a foot. In between sit unit A005, 1,740 square feet at $1,170,000, and unit A305, 1,732 square feet at $905,000 — the same floor-plan class spanning roughly $523 to $738 per square foot. A compact high-floor home, unit A707 at 1,090 square feet, closed at $770,000, about $706 a foot: proof that a smaller unit on a good floor can out-price a larger one below it.

Luma and Elleven: the Grand-and-Hope loft pair

A block away, the mid-2000s loft towers Luma (1100 South Hope Street) and Elleven (1111 South Grand Avenue) show a wider spread, because they mix one-bedroom lofts with large penthouses. At Luma, an entry one-bed — unit 1405, 885 square feet — closed at $495,000, about $559 a foot, while penthouse 105, a 1,920-square-foot two-bed, closed at $2,000,000, about $1,042 a foot, the only four-figure per-foot number in this reading. A high-floor two-bed, unit 1116 at 1,660 square feet, landed in between at $1,570,000. Elleven's table opens even lower: unit 605, a 1,100-square-foot one-bed, closed at $469,000, roughly $426 a foot — the cheapest per-foot closing across all four buildings — and tops out with unit 1117, a 2,060-square-foot three-bed, at $1,410,000. A two-bed there, unit 711 at 1,520 square feet, closed at $1,098,000.

Barker Block: the Arts District cross-check

Across the tracks, Barker Block, at 530 South Hewitt Street, gives the reading its non-South-Park comparison — a converted-warehouse loft building in the Arts District. Its closings run higher per foot than the Grand Avenue towers: unit 139, a 1,532-square-foot two-bed, closed at $1,250,000, about $816 a foot, and unit 517, 1,380 square feet, at $1,125,000, about $815 a foot. Even the building's entry closings hold up — unit 154, a 970-square-foot one-bed, at $635,000, and a larger loft, unit 343 at 1,512 square feet, at $865,000. Barker Block's per-foot numbers running ahead of newer South Park concrete is the Arts District premium showing up in the comps: character and location, not square footage, doing the pricing.

What the four tables agree on

Read side by side, the four buildings tell one consistent story. First, price per square foot — not bedroom count — is where the money is decided: Elleven's cheapest closing cleared about $426 a foot and Barker Block's dearest about $816, nearly a two-fold range across four addresses within a couple of miles. Second, floor, finish and building character move that number more than raw size, which is why a small high-floor Ten50 unit out-priced larger neighbors and why Arts District lofts out-priced newer towers. With the citywide report showing 9.5 months of supply and 48 days on market, DTLA buyers have room to insist on this kind of same-line evidence, and sellers who price to the freshest comparable rather than a neighbor's older wish number are the ones who close. These figures were on the buildings' sales-stats pages as of July 14, 2026; when you are ready to price a specific line, pull the current table on the building's page and the live figures at /market-stats, and we will read the same-line comps with you.