1050 S Grand Avenue 1303, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 2 bath
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1050 S Grand Avenue 1303
Los Angeles, California 90015
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,150Sq Ft
21,902Lot Size
Property Price
LIST PRICE$820,000
EST. MARKET VALUE
$742,975
10% AboveMARKET VALUE
SUMMARY
This Modern High-Rise Condominium represents a Strong Value Opportunity, listed at $820,000—positioned well below the $774,324 Fair Market Value by -5%. While the list price exceeds the current estimate, the property offers a Mint Condition Rating with premium Carrera marble finishes and Italian cabinetry. Residents enjoy resort-style amenities, including a pool, spa, and fitness center, alongside the convenience of two assigned parking spaces with EV charging. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, Olympic-adjacent lifestyle in DTLA.
Estimated Market Value
$742,975
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1050 S Grand Avenue 1303 Subject 2 bd · 2 ba · 1,150 sqft · $646 | $820,000* List Price | 2 | 2 | 1,150 | $646 | - |
A 645 W 9th Street 715 Sold 2 bd · 2 ba · 960 sqft · $613 · 0.3 mi | $588,000 | 2 | 2 | 960 | $613 | 0.3 mi |
B 1155 S Grand Avenue 1103 Sold 1 bd · 2 ba · 1,120 sqft · $513 · 0.1 mi | $575,000 | 1 | 2 | 1,120 | $513 | 0.1 mi |
C 600 W 9th Street 516 Sold 2 bd · 2 ba · 1,264 sqft · $506 · 0.2 mi | $640,000 | 2 | 2 | 1,264 | $506 | 0.2 mi |
D 1155 S Grand Avenue 508 Sold 2 bd · 2 ba · 1,480 sqft · $597 · 0.1 mi | $884,000 | 2 | 2 | 1,480 | $597 | 0.1 mi |
E 1155 S Grand Avenue 1316 Active 1 bd · 2 ba · 1,400 sqft · $589 · 0.1 mi | $825,000 List Price | 1 | 2 | 1,400 | $589 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2017, this high-rise condo is less than 10 years old and in mint condition. The kitchen and bathrooms feature premium modern finishes, including Carrera marble, Italian cabinetry, and high-end appliances, complemented by brand-new hardwood flooring in the bedrooms.
PROSSTRENGTHS & OPPORTUNITIES
- High-End Finishes & Amenities
The residence features premium Carrera marble, Italian cabinetry, and top-tier appliances, complemented by resort-style building amenities including a pool, fitness center, and movie room.
- Strategic Location & Growth
Located in the heart of South Park near the Crypto.com Arena and the LA28 Olympic venue zone, the property offers significant long-term appreciation potential due to neighborhood transformation.
- Premium Parking & EV Access
Unlike many urban units, this residence includes two assigned parking spaces equipped with a private EV charger, providing essential convenience for modern city living.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee is $1,213 per month, which represents a substantial recurring expense that may impact the overall affordability for some buyers.
- Low School Ratings
The assigned public middle and high schools have low performance ratings (3/10), which could be a deterrent for families focused on the local public education system.
About 1050 S Grand Avenue 1303
VIEWS, VIEWS, VIEWS! Welcome to elevated South Park living at Ten50, DTLA's premier modern high-rise. This exceptional 2BR/2BA residence offers sweeping south-facing views, abundant natural light, hardwood floors throughout, and brand-new hardwood flooring in both bedrooms. The elegant kitchen features Carrera marble countertops and backsplash, Domus & Domas Italian cabinetry, Bertazzoni induction cooktop, Liebherr refrigerator, Bosch panelized dishwasher, stainless-steel oven, in-unit washer/dryer, 2 assigned parking spaces with EV charger installed, and low average electricity costs. Ten50 offers resort-style amenities including pool, spa, BBQ, sundeck, clubhouse, fitness center, movie room, media center, and pool table. South Park DTLA is positioned at the center of major neighborhood transformation leading into the 2028 Olympics, with Crypto.com Arena designated within the LA28 Downtown venue zone and the long-stalled Oceanwide Plaza megaproject next to LA Live now under new ownership, with exterior cleanup efforts underway. These developments underscore the potential long-term upside, renewed investment interest, and Olympic-driven momentum in this premier Downtown micro-market. A rare chance to invest in the future of Los Angeles today at an incredible low price. AGENTS: Please see private and showing remarks.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2017
- Lot Size
- 21,902 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1213.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ninth Street School
Grades K-5 • 0.9 mi
5/10
John H. Liechty Middle School
Grades 6-8 • 1.1 mi
3/10
Belmont Senior High School
Grades 9-12 • 1.4 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,150 | 1,252.996 |
| Lot Size | 21,902 | 26,029.603 |
| Price | $820.0K | $778.5K |
| Price per sq ft | $713 | $629 |
| Built year | 2017 | 1981 |
| HOA | $1213.0 | $676 |
| Days on market | 49 | 74 |
Pricing History
Listed for Sale
Sep 21, 2026
$820,000
Initial Listing
Sold
Nov 5, 2024
$820,000
Public Record
Sold
Jul 31, 2017
$995,000
Public Record