1050 S Grand Avenue 2003, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 2 bath
ACTIVE$869,800
1050 S Grand Avenue 2003, Los Angeles, California 90015
2Beds
2Baths
1,159Sqft
21,902Lot
Year Built
2017
Close
-
List price
$870K
Original List price
$998K
Price/Sqft
$750
HOA
$1,100
Days on market
-
Sold On
-
MLS number
TR25117373
Home ConditionExcellent
Features
Excellent View: City Lights
ViewCity Lights
About this home
We found 3 Cons,5 Pros. Rank: price - $869.8K(71th), sqft - 1159(62th), beds - 2(58th), baths - 2(56th).
Location! Location! Location! 5 minutes Walking distance to Crypto/Convention center, Beautiful Downtown LA view on 20th floor! Super amazing HOA amenities! High Rise Luxury Apartment with concierge and 24hr Security Service! 2Bed/2BATH with urban design ! 2 car parking spots.
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
11/04/25
Price Change
$869,800-3.3%
10/09/25
Price Change
$899,800-4.8%
09/12/25
Price Change
$945,000-2.4%
08/03/25
$968,000
05/30/25
$998,000
03/15/18
Sold
$1,099,000
Condition Rating
Excellent
Built in 2017, this luxury high-rise apartment is only 7 years old and presents as virtually new. The kitchen features sleek, modern flat-panel cabinetry, marble-look countertops and backsplash, and integrated stainless steel appliances. Both bathrooms are impeccably updated with contemporary tile, modern vanities, and high-end fixtures, including a walk-in shower with a glass enclosure. Flooring is a mix of light hardwood and clean carpet. All components meet current quality standards with no visible deferred maintenance, aligning perfectly with an 'excellent' condition.
Pros & Cons
Pros
Prime Downtown Location: Strategically located within a 5-minute walk to Crypto.com Arena and the Convention Center, offering unparalleled access to entertainment, dining, and business hubs in Downtown Los Angeles.
Luxury Building Amenities & Security: The high-rise offers 'super amazing' HOA amenities, including concierge service and 24-hour security, providing a premium, secure, and convenient living experience.
Panoramic City Views: Situated on the 20th floor, the unit boasts beautiful downtown Los Angeles city lights views, a highly desirable feature for urban luxury living.
Newer Construction: Built in 2017, the property benefits from modern construction standards, contemporary design, and potentially fewer immediate maintenance concerns compared to older buildings.
Dedicated Parking: Includes two dedicated parking spots, a significant advantage and valuable asset in a dense urban environment like Downtown Los Angeles where parking is often scarce.
Cons
Significant Price Reductions: The property has undergone multiple price reductions from an original list price of $998,000 down to $869,800, which may indicate initial overpricing or challenges in attracting buyers at previous price points.
High HOA Fees: The monthly association fee of $1,100 is substantial and adds a significant recurring cost to homeownership, which could deter some potential buyers.
Potential for Market Stagnation: The history of price drops and the implied time on market (given the price adjustments) suggest the property may be experiencing slower sales activity or a longer marketing period than desired.