$1,027,000 - $1,332,000
RENTED AUG 9, 2024

TEN50 1050 S Grand Ave Unit 1909 Los Angeles, CA 90015

Downtown LA Neighborhood
2 Beds
2 Baths
1,359 Sq Ft
$814 Price per Sq Ft

Last Sold May 17, 2023

Last sale price $1,200,000 $883 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,499/month

About This Home

As of May 2023

Spectacular 2BD/2BA corner unit in Ten50, an incredible luxury residence constructed from the ground up in 2017. This corner unit is flooded with amazing light and panoramic jetliner Southeast views, bright & large open living space. The sleek and clean chef-ready kitchen boasts Domus & Domus Italian cabinetry, Carrara marble, a Bertazzoni electric cooktop, Liebherr refrigerator, a Bosch dishwasher, quartz vanity surfaces & sleek Hansgrohe fixtures. The secondary bedroom is off the entry and shares no walls with the primary suite. W/D in unit, 2 parking spaces included. Amenities include security & 24 hour concierge, screening room, business center, infinity pool & spa, BBQs & gym. Located in the heart of the South Park District walking distance to Staples Center, restaurants, bars, grocery stores, and more!! This property is said to be the best corner and also the best unit in the building. Many of the units in this building do not have a storage unit. This is a huge value for extra storage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
May 9, 2023
Sold by
Yoo Family Trust
Bought by
Isayne Trust
Seller's Agent
Sheri Bienstock
The Bienstock Group
Buyer's Agent
James Harvey
American Realty Services
List Price
$1,099,000
Sold Price
$1,200,000
Premium/Discount to List
$101,000
9.19%
Views
83
Current Estimated Value
$1,106,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,825
Avg. Annual Appreciation
-3.83%
Original Mortgage
$960,000
Outstanding Balance
$937,926
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$170,163

Purchase Details

Listed on
Jun 12, 2017
Closed on
Jul 18, 2017
Sold by
Crp/Tu Glass Tower Owner Llc
Bought by
Yoo Jae Yong and Yoo Sunee
Seller's Agent
Garrett Frakes
Polaris Pacific
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,284,000
Sold Price
$1,284,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.17%
Original Mortgage
$1,027,200
Interest Rate
2.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Isayne Trust $1,200,000 Provident Title Company
Yoo Jae Yong $1,284,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isayne Trust $960,000
Previous Owner Yoo Jae Yong $1,027,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Rented $4,500 -4.3% --
08/06/2024 08/06/24 Under Contract -- -- --
07/22/2024 07/22/24 Price Changed $4,700 -4.1% $3 / Sq Ft
07/09/2024 07/09/24 Price Changed $4,900 -7.5% $4 / Sq Ft
05/20/2024 05/20/24 Price Changed $5,300 -8.6% $4 / Sq Ft
04/19/2024 04/19/24 For Rent $5,800 0.0% --
05/17/2023 05/17/23 Sold $1,200,000 +9.2% $883 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $1,099,000 0.0% $809 / Sq Ft
02/18/2021 02/18/21 Rented $3,700 0.0% --
01/22/2021 01/22/21 Price Changed $3,700 -17.8% $3 / Sq Ft
12/11/2020 12/11/20 For Rent $4,500 0.0% --
08/22/2017 08/22/17 Sold $1,284,000 0.0% $937 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $1,284,000 -- $937 / Sq Ft

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 $15,480 $1,224,000 $428,400 $795,600
2023 $17,610 $1,404,239 $1,093,645 $310,594
2022 $16,781 $1,376,705 $1,072,201 $304,504
2021 $16,502 $1,349,712 $1,051,178 $298,534
2019 $16,002 $1,309,680 $1,020,000 $289,680
2018 $15,955 $1,284,000 $1,000,000 $284,000
Source: Public Records

Agents Affiliated with this Home

  • James Harvey

    Seller's Agent in 2024

    James Harvey

    American Realty Services

    (714) 612-9535

    1 in this area

    37 Total Sales

    James Harvey
    Section Image

  • S

    Buyer's Agent in 2024

    Sean Cheng

    Keller Williams Larchmont

    (213) 995-5055

    2 Total Sales

    Sean Cheng
    Section Image
  • Sheri Bienstock

    Seller's Agent in 2023

    Sheri Bienstock

    The Bienstock Group

    (323) 310-2525

    4 in this area

    216 Total Sales

    Sheri Bienstock
    Section Image

  • J

    Seller's Agent in 2021

    Jane Hong

    Paramount Realty

    (213) 447-4650

    4 Total Sales

    Jane Hong
    Section Image

  • A

    Buyer's Agent in 2021

    Alyshia Assal

    Berkshire Hathaway HomeServices California

  • Garrett Frakes

    Seller's Agent in 2017

    Garrett Frakes

    Polaris Pacific

    (415) 505-1077

    10 in this area

    240 Total Sales

    Garrett Frakes
    Section Image
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About TEN50

Map

California Los Angeles County Los Angeles 90015 Downtown LA

1050 S Grand Ave Unit 1909, Los Angeles, CA

This home is located at 1050 S Grand Ave Unit 1909, Los Angeles, CA 90015 and is currently estimated at $1,106,175, approximately $813 per square foot. 1050 S Grand Ave Unit 1909 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.

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