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
Property Price
SUMMARY
Analysis of 1050 S Grand Avenue Unit 901, Los Angeles, California 90015 is currently available with a list price of $1,349,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2017, making it a relatively new construction within the last 10 years. The description highlights 'luxury high-rise condominium,' 'tons of upgrades,' 'elegant kitchen with white marble countertops, large center island, top-of-the-line appliances,' and 'high-end Domus & Domus cabinetry.' The images confirm a pristine, modern aesthetic throughout, with sleek kitchen cabinetry, contemporary light fixtures, new hardwood and carpet flooring, and stylish, well-maintained bathrooms featuring modern vanities and tiling. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Downtown Location
Situated in the heart of DTLA's South Park, offering unparalleled walkability to major attractions like LA LIVE, Whole Foods, and the new Apple store.
- Stunning Panoramic City Views
Features floor-to-ceiling windows in a unique corner unit, providing breathtaking skyline views from every room and from the building's luxury amenities.
- Luxurious & Upgraded Interior
A spacious 2-bedroom, 2-bathroom unit boasting extensive upgrades, an elegant kitchen with marble countertops, a large island, top-of-the-line appliances, and high-end custom cabinetry.
CONSRISKS & DEFICIENCIES
- Substantial Monthly Association Fee
The association fee of $1,059.36 is a considerable recurring expense that buyers must factor into their budget.
- Urban Environment Drawbacks
Located in a bustling downtown area, the property may experience higher levels of urban noise and density, which might not suit all lifestyle preferences.
- Mixed Public School Performance
While an elementary school has a high rating, the local middle and high schools have average ratings (3/5), potentially impacting families prioritizing top-tier public education.
About 1050 S Grand Avenue Unit 901
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2017
- Lot Size
- 21,902 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1059.36 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ninth Street School
Grades K-5 • 0.9 mi
John H. Liechty Middle School
Grades 6-8 • 1.1 mi
Belmont Senior High School
Grades 9-12 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 59% |
| Baths | 2.0 | 1.0 | 54% |
| Square foot | 1,377 | 1,030 | 73% |
| Lot Size | 21,902 | 41,217 | 12% |
| Price | $1.35M | $550.0K | 83% |
| Price per sq ft | $980 | $589 | 95% |
| Built year | 2017 | 2007 | 85% |
| HOA | $1059.36 | $921 | 71% |
| Days on market | 791 | 214 | 0% |
Pricing History
Listed for Sale
Jan 5, 2024
$1,349,000
Initial Listing
Sold
Sep 15, 2017
$1,320,000
Public Record