1050 S Grand Avenue 1908, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

1050 S Grand Avenue 1908, Los Angeles, California 90015 home-pic-0
ACTIVE$799,000
1050 S Grand Avenue 1908, Los Angeles, California 90015
1Bed
1Bath
840Sqft
21,909Lot
Year Built
2017
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$951
HOA
$896.19
Days on market
-
Sold On
-
MLS number
25498689
Home ConditionExcellent
Features
Excellent View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $799.0K(71th), sqft - 840(31th), beds - 1(50th), baths - 1(50th).

Step into this luxurious unit offering unobstructed, panoramic views of the DTLA skyline, a truly rare find. The spacious floor plan is designed for comfort and style, featuring a generous bedroom complete with custom cabinetry, electric blinds, and an en-suite bathroom for added privacy. The BONUS den offers endless possibilities as a home office or second bedroom, ideal for any lifestyle. The gourmet kitchen is highlighted by a grand center island, pristine white Carrara marble countertops, top-of-the-line Italian appliances, and sophisticated Domus & Domus cabinetry. The bathroom exudes elegance with an oversized, tiled shower, creating a spa-like retreat. A prime parking space next to the elevator adds convenience, while the prestigious TEN50LA building offers an array of resort-style amenities for ultimate relaxation and entertainment. Take advantage of the pool, hot tub, outdoor dining areas, screening room, and a spacious lounge area perfect for social gatherings. For fitness enthusiasts, the modern gym is equipped with state-of-the-art equipment, and the sleek conference room ensures a professional setting for work. With 24/7 lobby service, residents enjoy unparalleled convenience and a beautifully designed lobby that embodies refinement and sophistication. Located in the vibrant South Park neighborhood of Downtown LA, you'll be steps away from iconic destinations like LA LIVE, the MAYAN Theater, the Orpheum, and Whole Foods, all offering a dynamic urban lifestyle. This is a unique opportunity to live in one of the most sought-after buildings in the area.

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
04/18/17
Sold
$875,000
Condition Rating
Excellent

The property was built in 2017, making it only 7 years old, which falls within the 'built within 10 years' criteria for an excellent rating. The description explicitly details a 'gourmet kitchen' with 'pristine white Carrara marble countertops,' 'top-of-the-line Italian appliances,' and 'sophisticated Domus & Domus cabinetry.' The bathroom features an 'oversized, tiled shower,' indicating modern, high-quality finishes. All components appear new or virtually new, meeting current luxury standards with no signs of deferred maintenance.
Pros & Cons

Pros

Unobstructed City Views: Offers rare, unobstructed, panoramic views of the DTLA skyline, significantly enhancing its appeal and perceived value.
High-End Interior Finishes: Features a gourmet kitchen with top-of-the-line Italian appliances, Carrara marble countertops, and sophisticated cabinetry, complemented by an elegant, oversized tiled shower.
Extensive Resort-Style Amenities: The prestigious TEN50LA building provides a comprehensive suite of luxury amenities including a pool, hot tub, gym, screening room, lounge, and 24/7 lobby service.
Prime Urban Location: Situated in the vibrant South Park neighborhood, steps away from major entertainment venues like LA LIVE, theaters, and essential services like Whole Foods.
Versatile Bonus Den: Includes a flexible bonus den, offering potential for a home office or a second bedroom, adding significant utility and adaptability to the unit.

Cons

High Monthly Association Fees: The association fee of $896.19 per month is substantial and could be a significant ongoing cost for potential buyers, impacting affordability.
Potential for Value Depreciation: The current list price of $799,000 is lower than its 2017 sale price of $875,000, which may indicate a lack of appreciation or a market correction, impacting future resale value.
Compact Living Space: At 840 sqft, the unit offers a relatively compact living space for its luxury price point, which might not appeal to all buyers seeking more expansive interiors.

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