1050 S Grand Avenue 1505, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
ACTIVE$550,000
1050 S Grand Avenue 1505, Los Angeles, California 90015
1Bed
1Bath
686Sqft
21,909Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Location: Situated in vibrant South Park, offering unparalleled access to major entertainment venues (LA Live, Crypto.com Arena), dining, shopping, and USC, ideal for urban living.
Top Cons:
High Monthly Association Fees: The $750.0 monthly association fee is substantial for a 1-bedroom unit, adding a significant recurring cost to ownership.
Compared to the nearby listings
Price:$550.0K vs avg $555.0K ($-5,000)50%
Size:686 sqft vs avg 1,010 sqft15%
Price/sqft:$802 vs avg $60781%
More Insights
Built in 2017 (8 years old).
Condition: This property was built in 2017, making it only 7 years old, which falls well within the 'built within 10 years' criteria for an excellent rating. The MLS description highlights 'luxury living' with a 'modern kitchen' featuring Carrara marble countertops, sleek Italian cabinetry, and premium stainless-steel appliances, all of which are confirmed by the high-quality images. The bathroom is described as 'spa-like' with a walk-in shower, and the images show contemporary tiling, a glass enclosure, and a floating vanity, indicating a very modern and well-maintained space. The property boasts wood floors, high ceilings, and modern light fixtures, with no visible signs of wear or outdated components. Overall, the property presents as virtually new with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria.
Year Built
2017
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$802
HOA
$750
Days on market
-
Sold On
-
MLS number
DW25189333
Home ConditionExcellent
Features
Good View: City Lights
Deck
Pool
Spa
ViewCity Lights
About this home
Discover luxury living at TEN50 in the heart of DTLA. This bright and efficient 1 bed / 1 bath condo features wood floors, high ceilings, and south-facing views filled with natural light. The modern kitchen is appointed with Carrara marble countertops, sleek Italian cabinetry, and premium stainless-steel appliances. A spa-like bath with a walk-in shower adds comfort, and a prime parking space with EV charging offers everyday convenience. TEN50 offers resort-style amenities including a grand resident lounge with workspaces, private dining and screening room, outdoor sun terrace with BBQ, heated pool and spa with skyline views, outdoor seating with fireplaces, Yoga Garden, state-of-the-art fitness center, and 24-hour front desk and security. Located in vibrant South Park, this home is moments from LA Live, Crypto.com Arena, Microsoft Theater, the Convention Center, and USC. With dining, shopping, and entertainment at your doorstep, this is the perfect opportunity to experience effortless city living.
Nearby schools
5/10
Ninth Street School
Public,•K-5•0.9mi
3/10
John H. Liechty Middle School
Public,•6-8•1.1mi
3/10
Belmont Senior High School
Public,•9-12•1.4mi
Price History
Date
Event
Price
03/06/17
Sold
$639,000
Condition Rating
Excellent
This property was built in 2017, making it only 7 years old, which falls well within the 'built within 10 years' criteria for an excellent rating. The MLS description highlights 'luxury living' with a 'modern kitchen' featuring Carrara marble countertops, sleek Italian cabinetry, and premium stainless-steel appliances, all of which are confirmed by the high-quality images. The bathroom is described as 'spa-like' with a walk-in shower, and the images show contemporary tiling, a glass enclosure, and a floating vanity, indicating a very modern and well-maintained space. The property boasts wood floors, high ceilings, and modern light fixtures, with no visible signs of wear or outdated components. Overall, the property presents as virtually new with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria.
Pros & Cons
Pros
Exceptional Location: Situated in vibrant South Park, offering unparalleled access to major entertainment venues (LA Live, Crypto.com Arena), dining, shopping, and USC, ideal for urban living.
Luxurious Resort-Style Amenities: TEN50 provides an extensive suite of high-end amenities including a heated pool with skyline views, state-of-the-art fitness center, resident lounge, and 24-hour front desk and security.
Modern & Premium Interior Finishes: The condo features wood floors, high ceilings, Carrara marble countertops, sleek Italian cabinetry, and premium stainless-steel appliances, reflecting contemporary luxury.
New Construction & Desirable Features: Built in 2017, ensuring modern building standards, and includes a prime parking space with EV charging, a significant convenience in DTLA.
Abundant Natural Light & City Views: The south-facing orientation fills the unit with natural light, complemented by desirable city lights views, enhancing the living experience.
Cons
High Monthly Association Fees: The $750.0 monthly association fee is substantial for a 1-bedroom unit, adding a significant recurring cost to ownership.
Compact Living Space: At 686 sqft, the unit offers limited living space, which may not appeal to buyers seeking more expansive accommodations.
Single Bedroom Configuration: As a 1-bedroom unit, it targets a niche market, potentially limiting its appeal to individuals or couples without family needs.