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1050 S Grand Ave 1206, Los Angeles, CA 90015

List Price: $3,000On Market FlagOn market
Apr 19, 2025650 sqft1 beds1 baths
Listed by: Rasmus Ray Lee
License #: 01490488
Phone #: 213-995-5055
Premier Real Estate Broker, Inc.
Source:
CRMLS Logo
MLS #: 25527677

Property Description

Exceptional, remodeled 1BR/1BA unit for lease in Ten50, the newest of the high-rise condo bldgs. in South Park, DTLA, with awesome unobstructed, panoramic North views of the downtown skyline. The unit has hardwood/bamboo floors, kitchen with Carrera marble countertop and backsplash, lacquer-finished Domus & Domas Italian cabinetry, Fisher & Paykel cooktop, LG refrigerator, LG dishwasher, Fulgor Milano oven, and stacked washer & dryer inside. Rent incl. electricity, and 1-parking & storage in the building garage. The building has resort-like amenities incl. large clubhouse, large gym, movie-room, media-center, and a large 6th-floor rooftop terrace with pool, spa, BBQ, pool table, sundeck & lounge chairs, and a drone-delivery spot. Rent incl. 1-secured parking and 1 storage unit in the on-site garage. South Park is the quiet and highly manicured part of Downtown LA. Mere steps to Crypto.com Arena, LA Live, Regal Cinemas, Whole Foods, and an abundant restaurant and mixology bar scene. This is a GREAT time to move to Downtown LA with BILLIONS of dollars going into DTLA development projects in preparation for the 2026 World Cup & 2028 Summer Olympics, incl. newly paved streets everywhere, plus exciting new construction in the neighborhood. AGENTS SEE PRIVATE & SHOWING REMARKS!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,622

TurboHome Estimated Value

$488,900

$752 sqft

High Valuation
$513,345
$790/sqft
Normal Valuation
$488,900
$752/sqft
Low Valuation
$464,455
$715/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$752/sqft$488,900

Neighborhood: South Park

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Comparative Value

$3K

$495K

$560K

1050 S Grand Ave 1206, Los Angeles, CA 90015

List Price: $3,000

Subject Property

1100 S Hope St 1113, Los Angeles, CA 90015

Sale Price: $495,000

Selected Comparable

1155 S Grand Ave 1211, Los Angeles, CA 90015

Sale Price: $495,000

Selected Comparable

1100 S Hope St 1513, Los Angeles, CA 90015

Sale Price: $510,000

Selected Comparable

1050 S Grand Ave 2005, Los Angeles, CA 90015

Sale Price: $530,000

Selected Comparable

1050 S Grand Ave 1106, Los Angeles, CA 90015

Sale Price: $560,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1050 S Grand Ave 1206, Los Angeles, CA 90015

1050 S Grand Ave 1206, Los Angeles, CA 90015

List: $3,000

Listed: 4/19/2025

Area:650 sqft
Price/sqft:$5
Beds:1
Baths:1
Year Built:
Lot Size:21,904

Comparable Properties

COMPARABLE
Choose comps
1050 S Grand Ave 1106, Los Angeles, CA 90015

1050 S Grand Ave 1106, Los Angeles, CA 90015

Sale: $560,000

7/31/20250.00 mi

Area:650 sqft
Price/sqft:$862
Beds:1
Baths:1
Year Built:
Weight:22.5%
1050 S Grand Ave 2005, Los Angeles, CA 90015

1050 S Grand Ave 2005, Los Angeles, CA 90015

Sale: $530,000

7/21/20250.00 mi

Area:686 sqft
Price/sqft:$773
Beds:1
Baths:1
Year Built:
Weight:21.8%
1100 S Hope St 1113, Los Angeles, CA 90015

1100 S Hope St 1113, Los Angeles, CA 90015

Sale: $495,000

7/16/20250.09 mi

Area:746 sqft
Price/sqft:$664
Beds:1
Baths:1
Year Built:
Weight:20.0%
1100 S Hope St 1513, Los Angeles, CA 90015

1100 S Hope St 1513, Los Angeles, CA 90015

Sale: $510,000

11/4/20240.09 mi

Area:746 sqft
Price/sqft:$684
Beds:1
Baths:1
Year Built:
Weight:18.0%
1155 S Grand Ave 1211, Los Angeles, CA 90015

1155 S Grand Ave 1211, Los Angeles, CA 90015

Sale: $495,000

9/27/20240.11 mi

Area:760 sqft
Price/sqft:$651
Beds:1
Baths:1
Year Built:
Weight:17.7%

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2

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3

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