$849,000
SOLD FEB 27, 2018

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

Downtown LA Neighborhood
1 Bed
1 Bath
895 Sq Ft
$700/mo HOA Fee

Recently Sold

$949 Per Sq Ft

167 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 February 2018

TEN50 - DOWNTOWN LA'S FIRST LUXURY RESIDENCES DESIGNED AND BUILT FROM THE GROUND UP IN NEARLY A DECADE. OUR BOUTIQUE COLLECTION OF 151 RESIDENCES IS ALMOST SOLD OUT! THE BUILDING OFFERS A HOST OF LUXURIOUS AMENITIES, SOME WITH BALCONIES, FLOOR TO CEILING WINDOWS, AND SPECTACULAR DOWNTOWN SKYLINE VIEWS. 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 IS THE JEWEL OF SOUTH PARK.

Last Agent to Sell the Property

Garrett Frakes

Polaris Pacific License #01319952 Listed on: 08/10/2017

Last Buyer's Agent

Chris Reisbeck

License #01475481

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,897

Year Built

  • Built in 2016

HOA Fees

  • $700 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 895 Sq Ft Home
  • Wood Flooring
  • City Lights Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Electric Dryer Hookup

Parking

  • 1 Covered Space
  • 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

$11,897

Year Built

Built in 2016

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Advertising Remarks: TEN50 - DOWNTOWN LA'S FIRST LUXURY RESIDENCES DESIGNED AND BUILT FROM THE GROUND UP IN NEARLY A DECADE. OUR BOUTIQUE COLLECTION OF 151 RESIDENCES IS ALMOST SOLD OUT! THE BUILDING OFFERS A HOST OF LUXURIOUS AMENITIES, SOME WITH BALCONIES, FLOOR TO CEILING WINDOWS, AND SPECTACULAR DOWNTOWN SKYLINE VIEWS. 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 IS THE JEWEL OF SOUTH PARK.
  • Complex Name: TEN50
  • Entry Floor: 20
  • Living Area: 895
  • Planned Urban Dev: 0
  • Stories: 25
  • Unit Floor In Building: 20
  • Year Built: 2016
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Appliances: Electric
  • Bedrooms: 1
  • Full Bathroom: 1
  • 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: 1.00
  • Den: 0
  • Equipment: Dishwasher, Electric Dryer Hookup, Garbage Disposal
  • Price Per S Q F T: 948.60

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Parking Space
  • Total Parking: 1

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: 700.00
  • 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

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
Total Days on Market
167
Current Estimated Value
$840,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,813
Avg. Annual Appreciation
0.26%
Original Mortgage
$679,200
Outstanding Balance
$581,786
Interest Rate
3.99%
Estimated Equity
$283,468
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
Warranty Deed $849,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $679,200 No Value Available
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: 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 $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

  • Chris Reisbeck

    Seller's Agent in 2021

    Chris Reisbeck

    The Agency

    (818) 298-6413

    77 Total Sales

    Section Image
  • Arrington Williams

    Seller Co-Listing Agent in 2021

    Arrington Williams

    The Agency

    (323) 356-2399

    22 in this area

    58 Total Sales

    Arrington Williams
    Section Image
  • Garrett Frakes

    Seller's Agent in 2018

    Garrett Frakes

    Polaris Pacific

    (415) 505-1077

    10 in this area

    239 Total Sales

    Garrett Frakes
    Section Image
See All Agents

About TEN50

Map

Source: The MLS

MLS Number: 17-259794

The MLS

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 and is currently priced at $849,000, approximately $948 per square foot. This property was built in 2016. 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.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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