NOT LISTED FOR SALE

TEN50 1050 S Grand Ave Unit 1301 Los Angeles, CA 90015

Downtown LA Neighborhood

Estimated Value: $1,028,000 - $1,547,000

2 Beds
2 Baths
1,356 Sq Ft
$894/Sq Ft Est. Value

Last Sold February 27, 2018

Last sale price $1,399,000 $1,032 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $8,960/month

5 Days on Market

Highlights

  • Heated Infinity Pool
  • City View
  • Wood Flooring
  • Gated Parking
  • Contemporary Architecture
  • 4-minute walk to South Park Commons

About This Home

As of February 2018

TEN50 - DOWNTOWN LA'S FIRST LUXURY RESIDENCES DESIGNED AND BUILT FROM THE GROUND UP IN NEARLY A DECADE. OUR BOUTIQUE COLLECTION OF 151 RESIDENCES IS ALMOST SOLD OUT! THE BUILDING OFFERS A HOST OF LUXURIOUS AMENITIES, SOME WITH BALCONIES, FLOOR TO CEILING WINDOWS, AND SPECTACULAR DOWNTOWN SKYLINE VIEWS. GQ HAS NAMED DOWNTOWN LA, "AMERICA'S NEXT GREAT CITY", AND TEN50 IS IN THE HEART OF THIS ONGOING RENAISSANCE. CLOSE TO ARTS, CULTURE, ENTERTAINMENT, RESTAURANTS AND SHOPPING, THIS BEAUTIFUL RESIDENTIAL BUILDING IS THE JEWEL OF SOUTH PARK. RESIDENCE 1301 IS A CORNER UNIT WITH FLOOR TO CEILING WINDOWS. PANORAMIC VIEWS FROM ALL DIRECTIONS!!

Last Agent to Sell the Property

Garrett Frakes

Polaris Pacific License #01319952 Listed on: 01/16/2018

Last Buyer's Agent

Garrett Frakes

Polaris Pacific License #01319952 Listed on: 01/16/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,530

Year Built

  • Built in 2018

Lot Details

  • 5,000

HOA Fees

  • $930 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking

Property Views

  • City
  • Views of a landmark
  • Hills

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,356 Sq Ft Home
  • Elevator
  • Great Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer Hookup

Pool

  • Heated Infinity Pool
  • Spa

Additional Features

  • 5,000 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

Overview

  • Action Life Association
  • 22-Story Property

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,530

Year Built

Built in 2018

Lot Details

0

HOA Fees

$930 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: TEN50 - DOWNTOWN LA'S FIRST LUXURY RESIDENCES DESIGNED AND BUILT FROM THE GROUND UP IN NEARLY A DECADE. OUR BOUTIQUE COLLECTION OF 151 RESIDENCES IS ALMOST SOLD OUT! THE BUILDING OFFERS A HOST OF LUXURIOUS AMENITIES, SOME WITH BALCONIES, FLOOR TO CEILING WINDOWS, AND SPECTACULAR DOWNTOWN SKYLINE VIEWS. GQ HAS NAMED DOWNTOWN LA, "AMERICA'S NEXT GREAT CITY", AND TEN50 IS IN THE HEART OF THIS ONGOING RENAISSANCE. CLOSE TO ARTS, CULTURE, ENTERTAINMENT, RESTAURANTS AND SHOPPING, THIS BEAUTIFUL RESIDENTIAL BUILDING IS THE JEWEL OF SOUTH PARK. RESIDENCE 1301 IS A CORNER UNIT WITH FLOOR TO CEILING WINDOWS. PANORAMIC VIEWS FROM ALL DIRECTIONS!!
  • Complex Name: Ten50 HOA
  • Entry Floor: 1
  • Living Area: 1356
  • Stories: 22
  • Year Built: 2018
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Elevator, Garbage Disposal, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Fireplace: No
  • Price Per S Q F T: 1031.71

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool, Heated And Filtered, Negative Edge/Infinity Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: City, Hills, Landmark
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Garage, Gated
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 930.00
  • Management Company: Action Life
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Geocode Override: No
  • Lot Size Area: 5000

Multi Family

  • Number Of Units: 151

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2021
Sold by
Cho Steve Seokwon and Cho Seok Won
Bought by
Cho Steve Seokwon
Current Estimated Value
$1,212,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,330
Outstanding Balance
$945,982
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$511,726

Purchase Details

Listed on
Jan 16, 2018
Closed on
Jan 25, 2018
Sold by
Crp Tu Glass Tower Owner Llc
Bought by
Cho Seok Won
Seller's Agent
Garrett Frakes
Polaris Pacific
Buyer's Agent
Garrett Frakes
Polaris Pacific
List Price
$1,399,000
Sold Price
$1,399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%
Original Mortgage
$1,080,000
Interest Rate
4.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cho Steve Seokwon -- Amrock Inc
Cho Seok Won $1,399,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cho Steve Seokwon $1,040,330
Closed Cho Seok Won $1,080,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2018 02/27/18 Sold $1,399,000 0.0% $1,032 / Sq Ft
01/21/2018 01/21/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $1,399,000 -- $1,032 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,530 $1,591,817 $910,261 $681,556
2024 $19,530 $1,560,606 $892,413 $668,193
2023 $19,129 $1,530,007 $874,915 $655,092
2022 $18,229 $1,500,008 $857,760 $642,248
2021 $17,924 $1,470,597 $840,942 $629,655
2020 $18,092 $1,455,519 $832,320 $623,199
2019 $17,380 $1,426,980 $816,000 $610,980
2018 $8,609 $669,667 $126,586 $543,081
Source: Public Records

Agents Affiliated with this Home

  • Garrett Frakes

    Seller's Agent in 2018

    Garrett Frakes

    Polaris Pacific

    (415) 505-1077

    9 in this area

    230 Total Sales

    Garrett Frakes
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About TEN50

Map

Source: The MLS

MLS Number: 18-304040

The MLS

APN: 5139-010-085

California Los Angeles County Los Angeles 90015 Downtown LA

1050 S Grand Ave Unit 1301, Los Angeles, CA

This home is located at 1050 S Grand Ave Unit 1301, Los Angeles, CA 90015 since 16 January 2018 and is currently estimated at $1,212,291, approximately $894 per square foot. This property was built in 2018. 1050 S Grand Ave Unit 1301 is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, John H. Liechty Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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