NOT LISTED FOR SALE

TEN50 1050 S Grand Ave Unit PH6 Los Angeles, CA 90015

Downtown LA Neighborhood

Estimated Value: $1,470,000 - $2,090,000

2 Beds
3 Baths
2,273 Sq Ft
$1,429/mo HOA Fee

Last Sold August 03, 2018

Last sale price $2,100,000 $924 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $13,769/month

153 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 August 2018

Outstanding penthouse in Ten50's ultra-luxe full-service building. With the ultimate view! Idyllic vertical living includes north facing floor to ceiling windows featuring the full city scape, an open floor plan, chef-inspired marble top kitchen, with top of the line appliances, massive walk-in closet, and impeccable finishes throughout. Five-star amenities, privacy, and security in Los Angeles' most promising neighborhood: South Park. Perched atop DTLA's cultural and entertainment hotspots including the Arts District, The Broad, and some of the city's best shopping and dining. Final opportunity to own a piece of Los Angeles' most talked about new residence.

Last Agent to Sell the Property

Carl Gambino

Compass License #01971890 Listed on: 02/15/2018

Compass

Co-Listed By

Kevin Dees

Carolwood Estates License #01915567

Last Buyer's Agent

Wilfredo Navarro

Wilfredo S. Navarro, Broker License #00867200

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,847

Year Built

  • Built in 2016

Lot Details

  • 0.5

HOA Fees

  • $1,429 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 21st floor

Interior Spaces

  • 2,273 Sq Ft Home
  • Wood Flooring
  • City Lights Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry closet
  • Electric Dryer Hookup

Parking

  • 2 Covered Spaces
  • Gated Parking
  • Guest Parking

Additional Features

  • In Ground Pool
  • Air Conditioning

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

$28,847

Year Built

Built in 2016

Lot Details

0

HOA Fees

$1,429 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: TEN50
  • Entry Floor: 21
  • Living Area: 2273
  • Planned Urban Dev: 0
  • Stories: 25
  • Unit Floor In Building: 21
  • Year Built: 2016
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Electric Dryer Hookup, Garbage Disposal
  • Price Per S Q F T: 941.49

Exterior Features

  • 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: 1429.17
  • HOA: Yes

Lot Info

  • Horses: No
  • 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
Feb 15, 2018
Closed on
Jul 23, 2018
Sold by
Tsui Yuan Tao
Bought by
Lin Shu Hua
Seller's Agent
Carl Gambino
Compass
Buyer's Agent
Wilfredo Navarro
Wilfredo S. Navarro, Broker
List Price
$2,995,000
Sold Price
$2,100,000
Premium/Discount to List
-$895,000
-29.88%
Current Estimated Value
$1,874,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$225,920
Avg. Annual Appreciation
0.84%

Purchase Details

Listed on
Feb 15, 2018
Closed on
Jul 19, 2018
Sold by
Crp Tu Glass Tower Owner L L C
Bought by
Lin Shu Hua
Seller's Agent
Carl Gambino
Compass
Buyer's Agent
Wilfredo Navarro
Wilfredo S. Navarro, Broker
List Price
$2,995,000
Sold Price
$2,100,000
Premium/Discount to List
-$895,000
-29.88%
Source: Public Records

Range of Values:

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Average Value
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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
Lin Shu Hua -- First American Title Company
Lin Shu Hua $2,100,000 First American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $2,100,000 -1.9% $924 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
06/05/2018 06/05/18 Price Changed $2,140,000 -17.5% $941 / Sq Ft
04/24/2018 04/24/18 Price Changed $2,595,000 -13.4% $1,142 / Sq Ft
02/15/2018 02/15/18 For Sale $2,995,000 -- $1,318 / 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 $28,847 $2,342,585 $1,227,068 $1,115,517
2024 $28,847 $2,296,653 $1,203,008 $1,093,645
2023 $28,251 $2,251,621 $1,179,420 $1,072,201
2022 $26,920 $2,207,473 $1,156,295 $1,051,178
2021 $26,468 $2,164,190 $1,133,623 $1,030,567
2019 $25,666 $2,100,000 $1,100,000 $1,000,000
2018 $14,150 $1,102,367 $208,379 $893,988
Source: Public Records

Agents Affiliated with this Home

  • Carl Gambino

    Seller's Agent in 2018

    Carl Gambino

    Compass

    (646) 465-1766

    252 Total Sales

    Carl Gambino
    Section Image
  • Kevin Dees

    Seller Co-Listing Agent in 2018

    Kevin Dees

    Carolwood Estates

    (310) 500-3900

    5 in this area

    58 Total Sales

    Kevin Dees
    Section Image

  • W

    Buyer's Agent in 2018

    Wilfredo Navarro

    Wilfredo S. Navarro, Broker

    (213) 399-3678

    1 in this area

    4 Total Sales

    Wilfredo Navarro
    Section Image
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About TEN50

Map

Source: The MLS

MLS Number: 18-314170

The MLS

APN: 5139-010-170

California Los Angeles County Los Angeles 90015 Downtown LA

1050 S Grand Ave Unit PH6, Los Angeles, CA

This home is located at 1050 S Grand Ave Unit PH6, Los Angeles, CA 90015 since 15 February 2018 and is currently estimated at $1,874,080, approximately $824 per square foot. This property was built in 2016. 1050 S Grand Ave Unit PH6 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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