1050 S Grand Avenue 802, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 2 bath

1050 S Grand Avenue 802, Los Angeles, California 90015 home-pic-0
ACTIVE$1,088,000
1050 S Grand Avenue 802, Los Angeles, California 90015
2Beds
2Baths
1,290Sqft
21,909Lot
Year Built
2017
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$843
HOA
$1,200
Days on market
-
Sold On
-
MLS number
25485543
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $1.09M(77th), sqft - 1290(65th), beds - 2(56th), baths - 2(54th).

Available is this beautiful 2 bedroom, 2 bathroom corner unit at Ten50, one of South Park's premiere luxury residences. This stunning condo combines modern elegance with sophisticated design and is bathed in natural light from expansive windows that offer mesmerizing north west-facing views of the DTLA city skyline. The main living space flows seamlessly with the modern chef-ready kitchen featuring Domus & Domus Italian cabinetry and elegant Carrara marble counters. Equipped with a Bertazzoni electric cooktop, a Liebherr refrigerator, a Bosch dishwasher, Hansgrohe fixtures, and a center island, the kitchen is both functional and stylish. Off of the main living space is the primary bedroom and offers ample closet space and a well appointed ensuite bathroom. The secondary bedroom is off the entry and shares no walls with the primary suite ensuring the upmost privacy for its residents. The residence features a balcony with access from the living room, perfect for enjoying morning coffee or evening sunsets with a spectacular view of DTLA. Additional features include beautiful wide plank engineered wood floors, central HVAC, in unit washer & dryer, Recessed LED lighting, and it comes with 2 parking spaces in the secured community garage. Ten50 offers world class amenities including 24 hour concierge & security, screening room, business center, infinity pool & spa, BBQs, and a super equipped gym. Ten50 is situated at what is regarded to be the best corner in South Park within close proximity to high-end designer boutiques, top-rated restaurants, Whole Foods, the Apple Store, LA Live and with easy access to freeways and public transportation. This is a must see to truly appreciate all that this unit and community have to offer.

Nearby schools

5/10
Ninth Street School
Public,K-50.9mi
3/10
John H. Liechty Middle School
Public,6-81.1mi
3/10
Belmont Senior High School
Public,9-121.4mi

Price History

Date
Event
Price
04/11/17
Sold
$1,185,000
Condition Rating
Excellent

This property was built in 2017, making it only 7 years old, which falls well within the 'Excellent' category's 'built within 10 years' criterion. The description highlights a 'modern chef-ready kitchen' with high-end Domus & Domus Italian cabinetry, Carrara marble counters, and premium appliances (Bertazzoni, Liebherr, Bosch, Hansgrohe fixtures). The bathrooms are described as 'well appointed,' consistent with the overall luxury feel. Other features like wide plank engineered wood floors, central HVAC, and recessed LED lighting further confirm its modern, high-quality condition with no apparent deferred maintenance.
Pros & Cons

Pros

Luxury Amenities & Services: The Ten50 building offers world-class amenities including a 24-hour concierge & security, screening room, business center, infinity pool & spa, BBQs, and a super equipped gym, enhancing the luxury living experience.
Prime Downtown Location: Situated at a highly desirable corner in South Park, the property boasts excellent walkability and proximity to high-end boutiques, top-rated restaurants, Whole Foods, the Apple Store, LA Live, and convenient access to freeways and public transportation.
Modern Design & High-End Finishes: The corner unit features modern elegance with sophisticated design, a chef-ready kitchen with Domus & Domus Italian cabinetry, Carrara marble counters, premium Bertazzoni, Liebherr, and Bosch appliances, wide plank engineered wood floors, central HVAC, and recessed LED lighting.
City Views & Balcony: Expansive windows and a private balcony offer mesmerizing north-west facing views of the DTLA city skyline, providing an attractive outdoor space for relaxation and entertainment.
New Construction & Dedicated Parking: Built in 2017, the property is relatively new, offering contemporary standards. It also includes two dedicated parking spaces in a secured community garage, a significant advantage in downtown Los Angeles.

Cons

High Association Fees: The monthly association fee of $1200 is substantial and could be a significant ongoing cost for potential buyers, impacting affordability and long-term investment.
Price History: The current list price of $1.088M is lower than its previous sale price of $1.185M in 2017, suggesting a potential depreciation in value or a market adjustment that buyers may scrutinize.
Average School Ratings: While the elementary school has a strong rating, the middle and high schools have average ratings (3/10), which might be a deterrent for families prioritizing top-tier public education.

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