NOT LISTED FOR SALE

TEN50 1050 S Grand Ave Unit 1702 Los Angeles, CA 90015

Downtown LA Neighborhood

Estimated Value: $983,000 - $1,330,000

2 Beds
2 Baths
1,290 Sq Ft
$1,130/mo HOA Fee

Last Sold July 13, 2023

Last sale price $1,216,000 $943 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $8,499/month

79 Days on Market

Highlights

  • Fitness Center
  • Spa
  • City Lights View
  • 24-Hour Security
  • Gated Community
  • 4-minute walk to South Park Commons

About This Home

As of July 2023

Welcome to the luxury residence at the heart of DTLA lifestyle near restaurants and stores. This one of a kind contemporary corner unit features modern large open floor plan showcasing the magnificent views of city and skyline. Large floor to ceiling windows offers bright natural lights to all bedrooms and living room. State of the art kitchen comes with large center island, soft closing cabinetry, marble counter top, stainless appliances, electric cooktop, built in oven and many more. The master bedroom feature full restroom and walk in closet. Unit come with 2 car tandem parking in underground gated garage. Amenities including 24 hours security and front desk, controlled access, business center, meeting room, pool & spa, gym and BBQ. Must see to appreciate this luxury unit.

Last Agent to Sell the Property

Frances Sheng

Treelane Realty Group Inc. License #02013944 Listed on: 04/09/2023

Last Buyer's Agent

Li-Chen Fang

E Funding, INC License #01117790

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,390

Year Built

  • Built in 2017

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $1,130 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Tandem Garage
  • Assigned Parking
  • Community Parking Structure

Property Views

  • City Lights
  • Hills

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 1,290 Sq Ft Home
  • Great Room

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Spa
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 62459
  • Assessor Parcel Number 5139010126

Community Details

Overview

  • Master Insurance
  • 151 Units
  • Ten50 Association, Phone Number (213) 741-2129

Amenities

  • Community Barbecue Grill
  • Meeting Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • 24-Hour Security
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,390

Year Built

Built in 2017

Lot Details

0

HOA Fees

$1,130 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Card/Code Access, Gated Community
  • View: Yes
  • Zoning: LAR5
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5139010126
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1290.00 Square Feet
  • Common Walls: 1 Common Wall, End Unit
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 942.64
  • Room Type: Great Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Community
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • View: City Lights, Hills
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Disposal, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room, Meeting Room, Insurance, Trash, Pet Rules, Controlled Access
  • Association Fee: 1130.03
  • Association Fee Frequency: Monthly
  • Association Name: Ten50
  • Phone: 2137412129
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Ten50

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 21902.00
  • Lot Size Acres: 0.5028

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21902.0000 Square Feet
  • Number Of Units In Community: 151
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2079.02
  • Tax Lot: 2
  • Tax Tract Number: 62459

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2023
Closed on
Jul 5, 2023
Sold by
Shinki Capital Group Llc
Bought by
Hsieh Pei-Yu
Seller's Agent
Frances Sheng
Treelane Realty Group Inc.
Buyer's Agent
Li-Chen Fang
E Funding, INC
List Price
$1,290,000
Sold Price
$1,216,000
Premium/Discount to List
-$74,000
-5.74%
Views
28
Current Estimated Value
$1,119,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$96,969
Avg. Annual Appreciation
-2.33%

Purchase Details

Listed on
Apr 9, 2023
Closed on
Jul 3, 2023
Sold by
Lai Shyh-Tai
Bought by
Hsieh Pei-Yu
Seller's Agent
Frances Sheng
Treelane Realty Group Inc.
Buyer's Agent
Li-Chen Fang
E Funding, INC
List Price
$1,290,000
Sold Price
$1,216,000
Premium/Discount to List
-$74,000
-5.74%
Views
28

Purchase Details

Closed on
Mar 10, 2023
Sold by
Zhang Guimin
Bought by
Shinki Capital Group Llc

Purchase Details

Closed on
Jan 19, 2017
Sold by
Crp Tu Glass Tower Owner Llc
Bought by
Zhang Guimin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hsieh Pei-Yu $1,216,000 Wfg National Title
Hsieh Pei-Yu -- Wfg National Title
Shinki Capital Group Llc -- Accommodation/Courtesy Recordi
Zhang Guimin $1,370,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Guimin $747,500
Previous Owner Zhang Guimin $822,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $1,216,000 -5.7% $943 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
04/09/2023 04/09/23 For Sale $1,290,000 -- $1,000 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,390 $1,240,320 $307,020 $933,300
2024 $15,390 $1,216,000 $301,000 $915,000
2023 $19,103 $1,528,256 $305,650 $1,222,606
2022 $18,203 $1,498,291 $299,657 $1,198,634
2021 $17,904 $1,468,914 $293,782 $1,175,132
2019 $18,730 $1,425,347 $285,069 $1,140,278
2018 $17,312 $1,397,400 $279,480 $1,117,920
Source: Public Records

Agents Affiliated with this Home

  • Frances Sheng

    Seller's Agent in 2023

    Frances Sheng

    Treelane Realty Group Inc.

    (626) 656-2889

    2 in this area

    29 Total Sales

    Frances Sheng
    Section Image

  • L

    Buyer's Agent in 2023

    Li-Chen Fang

    E Funding, INC

    (626) 327-7333

    1 in this area

    4 Total Sales

    Li-Chen Fang
    Section Image
See All Agents

About TEN50

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23054849

California Regional Multiple Listing Service (CRMLS)

APN: 5139-010-126

California Los Angeles County Los Angeles 90015 Downtown LA

1050 S Grand Ave Unit 1702, Los Angeles, CA

This home is located at 1050 S Grand Ave Unit 1702, Los Angeles, CA 90015 since 09 April 2023 and is currently estimated at $1,119,031, approximately $867 per square foot. This property was built in 2017. 1050 S Grand Ave Unit 1702 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

Nearby Homes