NOT LISTED FOR SALE

TEN50 1050 S Grand Ave Unit 1403 Los Angeles, CA 90015

Downtown LA Neighborhood

Estimated Value: $825,000 - $1,404,000

2 Beds
2 Baths
1,151 Sq Ft
$839/mo HOA Fee

Last Sold December 19, 2017

Last sale price $995,000 $864 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,802/month

83 Days on Market

Highlights

  • Concierge
  • In Ground Pool
  • City Lights View
  • Fitness Center
  • Gated Parking
  • 4-minute walk to South Park Commons

About This Home

As of December 2017

TEN50 - DOWNTOWN LA'S FIRST LUXURY RESIDENCES DESIGNED AND BUILT FROM THE GROUND UP IN NEARLY A DECADE. OUR BOUTIQUE COLLECTION OF 151 RESIDENCES OFFERS ONE- AND TWO-BEDROOM, PENTHOUSE, TWO-STORY PENTHOUSE RESIDENCES AND A HOST OF LUXURIOUS AMENITIES. 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 WILL BE THE JEWEL OF SOUTH PARK.

Last Agent to Sell the Property

Garrett Frakes

Polaris Pacific License #01319952 Listed on: 08/26/2017

Last Buyer's Agent

Alexis Alegre

Smart LA Realty License #01970214

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,996

Year Built

  • Built in 2016

Lot Details

  • 0.5

HOA Fees

  • $839 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,151 Sq Ft Home
  • Wood Flooring
  • City Lights Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Electric Dryer Hookup

Parking

  • 2 Covered Spaces
  • Gated Parking
  • Guest Parking

Pool

  • In Ground Pool

Community Details

Overview

  • 151 Units
  • 25-Story Property

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Sundeck
  • Meeting Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,996

Year Built

Built in 2016

Lot Details

0

HOA Fees

$839 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: TEN50
  • Entry Floor: 14
  • Living Area: 1151
  • Planned Urban Dev: 0
  • Stories: 25
  • Unit Floor In Building: 14
  • Year Built: 2016
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Appliances: Electric
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Electric Dryer Hookup, Garbage Disposal
  • Price Per S Q F T: 864.47

Exterior Features

  • Balcony: Yes
  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Parking Space
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Security: Community

Association/Amenities

  • Amenities: Concierge, Conference, Controlled Access, Elevator, Exercise Room, Fitness Center, Gated Parking, Guest Parking, Onsite Property Management, Outdoor Cooking Area, Pool, Spa, Sun Deck
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 839.00
  • HOA: Yes
  • Unit Location: South

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Geocode Override: No

Multi Family

  • Number Of Units: 151

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2021
Sold by
Peters Michael John and Peters Jill Fantazia
Bought by
Peters Michael J and Peters Jill Fantazia
Total Days on Market
83
Current Estimated Value
$1,032,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Outstanding Balance
$583,583
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$455,513

Purchase Details

Listed on
Aug 26, 2017
Closed on
Dec 15, 2017
Sold by
Crptu Glass Tower Owner Llc
Bought by
Peters Michael John and Peters Jill Fantazia
Seller's Agent
Garrett Frakes
Polaris Pacific
Buyer's Agent
Alexis Alegre
Smart LA Realty
List Price
$995,000
Sold Price
$995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.58%
Original Mortgage
$796,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Peters Michael J -- Accommodation
Peters Michael J -- Lawyers Title Oc
Peters Michael John $995,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Michael J $735,000
Closed Peters Michael John $796,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2017 12/19/17 Sold $995,000 0.0% $864 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
11/04/2017 11/04/17 For Sale $995,000 0.0% $864 / Sq Ft
10/31/2017 10/31/17 Off Market $995,000 -- --
10/27/2017 10/27/17 For Sale $995,000 0.0% $864 / Sq Ft
10/07/2017 10/07/17 Pending -- -- --
10/05/2017 10/05/17 Price Changed $995,000 -3.9% $864 / Sq Ft
08/26/2017 08/26/17 For Sale $1,035,000 -- $899 / 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
2024 $13,996 $1,109,938 $332,424 $777,514
2023 $13,708 $1,088,175 $325,906 $762,269
2022 $13,063 $1,066,839 $319,516 $747,323
2021 $12,841 $1,045,921 $313,251 $732,670
2019 $12,452 $1,014,900 $303,960 $710,940
2018 $12,414 $995,000 $298,000 $697,000
Source: Public Records

Agents Affiliated with this Home

  • Garrett Frakes

    Seller's Agent in 2017

    Garrett Frakes

    Polaris Pacific

    (415) 505-1077

    10 in this area

    238 Total Sales

    Garrett Frakes
    Section Image
  • Alexis Alegre

    Buyer's Agent in 2017

    Alexis Alegre

    Smart LA Realty

    (714) 365-4480

    1 in this area

    3 Total Sales

    Alexis Alegre
    Section Image
See All Agents

About TEN50

Map

Source: The MLS

MLS Number: 17-264710

The MLS

APN: 5139-010-097

California Los Angeles County Los Angeles 90015 Downtown LA

1050 S Grand Ave Unit 1403, Los Angeles, CA

This home is located at 1050 S Grand Ave Unit 1403, Los Angeles, CA 90015 since 26 August 2017 and is currently estimated at $1,032,756, approximately $897 per square foot. This property was built in 2016. 1050 S Grand Ave Unit 1403 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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