NOT LISTED FOR SALE

TEN50 1050 S Grand Ave Unit 2007 Los Angeles, CA 90015

Downtown LA Neighborhood

Estimated Value: $693,000 - $1,197,000

1 Bed
1 Bath
895 Sq Ft
0.5 Acres

Last Sold February 27, 2018

Last sale price $849,000 $949 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,393/month

Highlights

  • 24-Hour Security
  • City Lights View
  • Great Room
  • Spa
  • 0.5 Acre Lot
  • 4-minute walk to South Park Commons

About This Home

As of June 2021

This chic 1BR/ 1BA condo will dazzle you with its high-class vibe. Located in South Park, which GQ named ''America's next great city,'' Ten50 is a boutique collection of 151 residences close to all the excitement downtown LA has to offer. This one-bedroom floorplan with a den is the most popular of all--and it's easy to see why--with its open layout that feels sumptuously spacious. The den area allows for use as an office, guest bedroom, or even a closet. Engineered hardwood flooring offers durability in the high-traffic areas and upgraded carpet in the master bedroom provides coziness where it's needed most. The kitchen is exquisitely appointed with Italian cabinetry, Carrara marble countertops and Liebherr fridge and dishwasher. The island provides more storage, counter tops, and bar seating space. In addition to in-unit laundry, association amenities ensure you'll want for nothing and include a 24/7 on-site concierge, pool, lounge, fitness studio, yoga deck, screening room and secure garage with guest parking.

Last Agent to Rent the Property

Chris Reisbeck

The Agency License #01475481 Listed on: 05/04/2021

The Agency

Co-Listed By

Arrington Williams

The Agency License #01986804

Last Renter's Agent

Chris Reisbeck

The Agency License #01475481 Listed on: 05/04/2021

The Agency

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,897

Year Built

  • Built in 2017

Lot Details

  • Two or More Common Walls
  • No Sprinklers

Parking

  • 1 Car Attached Garage
  • Parking Available

Interior Spaces

  • 895 Sq Ft Home
  • Great Room
  • City Lights Views
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,950
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 5/3/21
  • Tax Lot 2
  • Assessor Parcel Number 5139010161

Community Details

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Overview

  • 25-Story Property

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,897

Year Built

Built in 2017

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2021-05-03
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 2950
  • Deposit Security: 2950
  • Furnished: Unfurnished
  • Pets Allowed: Call, Size Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5139010161
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 895.00 Square Feet
  • Stories: 25
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.07
  • Room Type: Great Room
  • Spa Features: Community

Exterior Features

  • Patio: No
  • View: City Lights
  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 21903.00
  • Lot Size Acres: 0.5000

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 21903.0000 Square Feet
  • Rent Includes: Association Dues

Tax Info

  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2017
Closed on
Jan 26, 2018
Sold by
Crp Tu Glass Tower Owner Llc
Bought by
Chen Steven and Quon Kimberly
Seller's Agent
Garrett Frakes
Polaris Pacific
Buyer's Agent
Chris Reisbeck
List Price
$849,000
Sold Price
$849,000
Current Estimated Value
$830,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,875
Avg. Annual Appreciation
-0.45%
Original Mortgage
$679,200
Outstanding Balance
$576,543
Interest Rate
3.99%
Estimated Equity
$243,623
Source: Public Records

Range of Values:

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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
Chen Steven $849,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Steven $679,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Rented $2,750 0.0% --
05/28/2021 05/28/21 Price Changed $2,750 -6.8% $3 / Sq Ft
05/11/2021 05/11/21 Price Changed $2,950 -9.2% $3 / Sq Ft
05/04/2021 05/04/21 For Rent $3,250 0.0% --
02/27/2018 02/27/18 Sold $849,000 0.0% $949 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
12/24/2017 12/24/17 For Sale $849,000 0.0% $949 / Sq Ft
10/31/2017 10/31/17 Off Market $849,000 -- --
10/05/2017 10/05/17 Price Changed $849,000 -0.7% $949 / Sq Ft
08/10/2017 08/10/17 For Sale $855,000 -- $955 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $11,897 $966,012 $510,882 $455,130
2024 $11,897 $947,071 $500,865 $446,206
2023 $11,654 $928,502 $491,045 $437,457
2022 $11,106 $910,297 $481,417 $428,880
2021 $10,925 $892,449 $471,978 $420,471
2019 $10,593 $865,980 $457,980 $408,000
2018 $5,522 $427,481 $80,819 $346,662
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2021

    Chris Reisbeck

    The Agency

    Section Image
  • Arrington Williams

    Landlord's Co-Listing Agent in 2021

    Arrington Williams

    The Agency

    (323) 356-2399

    18 in this area

    56 Total Sales

    Arrington Williams
    Section Image
  • Garrett Frakes

    Seller's Agent in 2018

    Garrett Frakes

    Polaris Pacific

    (415) 505-1077

    9 in this area

    230 Total Sales

    Garrett Frakes
    Section Image
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About TEN50

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-4565

Pasadena-Foothills Association of REALTORS®

APN: 5139-010-161

California Los Angeles County Los Angeles 90015 Downtown LA

1050 S Grand Ave Unit 2007, Los Angeles, CA

This home is located at 1050 S Grand Ave Unit 2007, Los Angeles, CA 90015 since 04 May 2021 and is currently priced at $830,125. This property was built in 2017. 1050 S Grand Ave Unit 2007 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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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