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1050 S Grand Avenue Unit 901, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 2 bath

1050 S Grand Avenue Unit 901, Los Angeles, California 90015 home-pic-0
ACTIVE$1,349,000
1050 S Grand Avenue Unit 901, Los Angeles, California 90015
2Beds
2Baths
1,377Sqft
21,902Lot
Year Built
2017
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$980
HOA
$1,059.36
Days on market
-
Sold On
-
MLS number
24344457
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
Pool
Spa
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $1.35M(81th), sqft - 1377(71th), beds - 2(58th), baths - 2(56th).

SEXY SOPHISTICATED CORNER UNIT WITH BREATHTAKING VIEWS! Enjoy skyline views from every room in unit 901, located in The Ten50LA Building, DTLA's newest & most sought after luxury high-rise condominium. Situated on the South-West corner of the building provides Floor to ceiling windows that ONLY this corner in the building offers, a very unique and rare floor-plan. SPACIOUS bright 2bd/2bth unit with tons of upgrades! Elegant kitchen with white marble countertops, large center island, top-of-the-line appliances which are beautifully paired with high-end Domus & Domus cabinetry. Master suite with amazing views, custom cabinetry providing TONS of space to be organized, walk-in closet with more custom cabinetry & gorgeous bathroom with dual sink vanity. 2 car parking spaces & private storage unit in the garage. Enjoy the exquisite pool & hot tub with panoramic DTLA skyline views, outdoor dining areas, huge rec room, movie room, fitness center, conference room, & guest parking! The TEN50LA Building was built in 2017, in the heart of South Park Downtown LA, walking distance to EVERYTHING DTLA has to offer including LA LIVE, Whole Foods, and the new Apple store.

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
09/15/17
Sold
$1,320,000
Condition Rating
Excellent
Built in 2017, this luxury condominium is only 7 years old, falling well within the 'Excellent' criteria. The listing description and images confirm a sophisticated, modern design with top-of-the-line appliances, white marble countertops, high-end Domus & Domus cabinetry in the kitchen, and custom cabinetry in the master suite and walk-in closet. All components appear new or virtually new, reflecting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Prime Downtown LA Location: Situated in the heart of South Park Downtown LA, offering exceptional walkability to major attractions like LA LIVE, Whole Foods, and the new Apple store, appealing to an urban lifestyle.
Panoramic City Views & Corner Unit: This unique South-West corner unit boasts breathtaking skyline views from every room through floor-to-ceiling windows, a rare and highly desirable feature within the building.
Luxury Building Amenities: Residents enjoy access to an exquisite pool and hot tub with panoramic DTLA views, outdoor dining areas, a large recreation room, movie room, fitness center, conference room, and guest parking.
Modern & Upgraded Interior: The unit features extensive upgrades, including an elegant kitchen with white marble countertops, a large center island, top-of-the-line appliances, high-end Domus & Domus cabinetry, and custom master suite cabinetry.
Dedicated Parking & Storage: Includes two dedicated parking spaces and a private storage unit in the garage, a significant advantage and convenience in a dense urban environment like Downtown LA.

Cons

High Monthly Association Fees: The association fee of $1059.36 per month is substantial and adds significantly to the overall cost of ownership, potentially impacting affordability for some buyers.
Limited Capital Appreciation: The property sold for $1.32 million in 2017 and is currently listed at $1.349 million, indicating very modest price growth over a seven-year period, which may concern buyers seeking strong investment returns.
Urban Environment Drawbacks: While a strength for walkability, the dense downtown location can inherently lead to increased city noise, traffic, and a lack of private outdoor space, which may not appeal to all prospective buyers.

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