1050 S Grand Avenue 1408, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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1050 S Grand Avenue 1408
Los Angeles, California 90015
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
840Sq Ft
21,909Lot Size
Property Price
LIST PRICE$698,000
EST. MARKET VALUE
$611,766
14% AboveMARKET VALUE
SUMMARY
This Modern Luxury Condo is a High-Potential Investment Opportunity, listed at $698,000—positioned well above the $611,767 Fair Market Value by -14%. Featuring a Condition Rating of 2, this 2017-built unit offers brand new wood flooring, custom closets, and panoramic city views. Residents enjoy resort-style amenities including a lap pool, spa, and 24-hour concierge. While the HOA fees are notable, the prime South Park location provides unmatched walkability to L.A. Live. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated urban sanctuary.
Estimated Market Value
$611,766
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 1408 Subject 1 bd · 1 ba · 840 sqft · $728 | $698,000* List Price | 1 | 1 | 840 | $728 | - |
A 901 S Flower Street 714 Sold 1 bd · 1 ba · 910 sqft · $582 · 0.3 mi | $530,000 | 1 | 1 | 910 | $582 | 0.3 mi |
B 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 |
C 1100 S Hope Street 1111 Active 1 bd · 1 ba · 890 sqft · $652 · 0.1 mi | $579,899 List Price | 1 | 1 | 890 | $652 | 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 luxury condo is less than 10 years old and features brand new wood flooring. The kitchen is modern with high-end integrated appliances and stone surfaces, and the building systems are contemporary, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime DTLA Location
Situated in the desirable South Park district, the property offers exceptional walkability to L.A. Live, Crypto Arena, Whole Foods, and high-end dining like Bottega Louie.
- Modern Luxury Amenities
Built in 2017, this 'Ten50' unit provides a resort-style lifestyle with a 24-hour concierge, lap pool, fitness center, screening room, and secure gated parking.
- Functional Layout & Upgrades
The unit features a versatile den/office space, brand new wood flooring throughout, and custom closets, maximizing the utility of its 840 square feet.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The monthly HOA fee of $1,025 is relatively high for a one-bedroom unit, which may impact overall affordability and investor cap rates.
- Underperforming School District
The assigned public middle and high schools carry low ratings (3/10), which could be a drawback for families or future resale value.
About 1050 S Grand Avenue 1408
Ten50 Grand is a newer (YB: 2017) luxury condo building located in the South Park of DTLA, just few blocks to L.A. Live: the sports and entertainment district that surrounds Crypto Arena and Peacock Theater, Wholefoods and bunch of restaurants include Bottega Louie just mins away. Unit 1408 just installed BRAND NEW wood flooring through out the entire unit include the bedroom, 1 bedroom, 1 bathroom plus Dan/Office, North Facing with Amazing City VIEWS, custom closets, in-unit washer and dryer, one assigned parking space. HOA offer: 24 hours lobby concierge service with friendly well trained staff team, secured gated garage with security cameras, Endless amenities: Lap Pool, Spa, Gym, huge Club room, meeting conference room, screening room, outdoor seating, decks with BBQ. Discover one of the Best of L.A. City Living in this Luxurious Modern Sanctuary
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2017
- Lot Size
- 21,909 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1025.0 / 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 | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 840 | 1,252.996 |
| Lot Size | 21,909 | 26,029.603 |
| Price | $698.0K | $778.5K |
| Price per sq ft | $831 | $629 |
| Built year | 2017 | 1981 |
| HOA | $1025.0 | $676 |
| Days on market | 11 | 74 |
Pricing History
Listed for Sale
Oct 29, 2026
$698,000
Initial Listing
Sold
Mar 7, 2017
$806,000
Public Record