$1,150,000
SOLD APR 7, 2017

TEN50 1050 S Grand Ave Unit 1804 Los Angeles, CA 90015

Downtown LA Neighborhood
2 Beds
2 Baths
1,084 Sq Ft
$798/mo HOA Fee

Recently Sold

$1,061 Per Sq Ft

2% Below List Price

7 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 November 2022

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: 09/30/2016

Last Buyer's Agent

Garrett Frakes

Polaris Pacific License #01319952 Listed on: 09/30/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,675

Year Built

  • Built in 2016

HOA Fees

  • $798 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,084 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

$12,675

Year Built

Built in 2016

Lot Details

0

HOA Fees

$798 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: TEN50
  • Entry Floor: 18
  • Living Area: 1084
  • Planned Urban Dev: 0
  • Stories: 25
  • Unit Floor In Building: 18
  • Year Built: 2016
  • Number Of Photos: 16
  • 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: 1083.03

Exterior Features

  • Balcony: No
  • 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: 798.00
  • HOA: Yes
  • Unit Location: North

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

Listed on
Sep 29, 2022
Closed on
Nov 1, 2022
Sold by
Ralston Sarah Elizabeth
Bought by
Bay Area Leasing Inc
Seller's Agent
Art Avaness
RE/MAX Signature
Buyer's Agent
Neil Behnke
Compass
List Price
$979,900
Sold Price
$985,000
Premium/Discount to List
$5,100
0.52%
Views
32
Current Estimated Value
$936,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,155
Avg. Annual Appreciation
-1.86%
Original Mortgage
$335,000
Outstanding Balance
$324,478
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$611,252

Purchase Details

Listed on
Sep 29, 2022
Closed on
Oct 24, 2022
Sold by
Constantine Andrew
Bought by
Ralston Sarah Elizabeth and Ralston Steven
Seller's Agent
Art Avaness
RE/MAX Signature
Buyer's Agent
Neil Behnke
Compass
List Price
$979,900
Sold Price
$985,000
Premium/Discount to List
$5,100
0.52%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Outstanding Balance
$324,478
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$611,252

Purchase Details

Closed on
Jan 19, 2017
Sold by
Crp Tu Glass Tower Owner Llc
Bought by
Constantine Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$793,500
Interest Rate
3.37%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Gift Deed -- Accommodation/Courtesy Recordi
Deed -- First American Title
Grant Deed $985,000 First American Title
Grant Deed $1,150,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $335,000 New Conventional
Previous Owner $793,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $985,000 +0.5% $909 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $979,900 -14.8% $904 / Sq Ft
04/07/2017 04/07/17 Sold $1,150,000 -2.0% $1,061 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
09/30/2016 09/30/16 For Sale $1,174,000 -- $1,083 / 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 $12,675 $1,024,794 $208,080 $816,714
2024 $12,675 $1,004,700 $204,000 $800,700
2023 $12,415 $985,000 $200,000 $785,000
2022 $15,235 $1,257,692 $1,093,646 $164,046
2021 $15,004 $1,233,032 $1,072,202 $160,830
2019 $14,549 $1,196,460 $1,040,400 $156,060
2018 $14,510 $1,173,000 $1,020,000 $153,000
Source: Public Records

Agents Affiliated with this Home

  • Art Avaness

    Seller's Agent in 2022

    Art Avaness

    RE/MAX

    (213) 505-7833

    34 in this area

    63 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    Neil Behnke

    Compass

    (213) 797-7000

    16 in this area

    32 Total Sales

    Section Image
  • Garrett Frakes

    Seller's Agent in 2017

    Garrett Frakes

    Polaris Pacific

    (415) 505-1077

    9 in this area

    229 Total Sales

    Section Image
See All Agents

About TEN50

Map

Source: The MLS

MLS Number: 16-167332

The MLS

APN: 5139-010-138

California Los Angeles County Los Angeles 90015 Downtown LA

1050 S Grand Ave Unit 1804, Los Angeles, CA

This home is located at 1050 S Grand Ave Unit 1804, Los Angeles, CA 90015 and is currently priced at $1,150,000, approximately $1,060 per square foot. This property was built in 2016. 1050 S Grand Ave Unit 1804 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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