NOT LISTED FOR SALE

Estimated Value: $1,033,000 - $1,402,000

2 Beds
2 Baths
1,359 Sq Ft
$900/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $1,080,000 $795 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,450/month

149 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Auto Driveway Gate
  • Fitness Center
  • In Ground Pool
  • 4-minute walk to South Park Commons

About This Home

As of March 2024

Don't miss the opportunity to own the best 2 BED/2 BATH SW CORNER unit with HIGH CEILING at TEN50, Downtown LA's newest luxury high-rise condo located in the desirable South Park District! This unit is one of 5 non-penthouse units with HIGH CEILINGS (approx. 12 ft). The unit has NO CONNECTING WALLS to other units. This unit comes with 2 ASSIGNED PARKING spaces in addition to 13 GUEST PARKING spaces (including 2 handicap guest spaces) in the building. The unit has motor shades in the living room and blackout curtain in the master bedroom. The elegant hallway from the front door leads to the second bedroom, and a large custom walk-in closet. Next to the second bedroom, the jaw-dropping floor-to-ceiling windows let in abundant natural light and affords a panoramic view of the amazing Downtown LA skyline. Further into the unit is the master suite with upgraded walk-in closet and attached bathroom equipped with a generously-sized standing shower and dual sink vanity. The core of the unit is the spacious open living room, kitchen, and dining room. The kitchen is equipped with Carrera marble countertop, backsplash and island that doubles as counter seating for your guests. Other premium fixtures include lacquer-finished Domus & Domus Italian cabinetry, Bertazzoni induction cooktop, Liebherr refrigerator, Bosch panelized dishwasher, and stainless-steel oven. The LARGE DINING area is a rarity among two-bedroom units in this building. This unit has direct access to resort-style amenities including a large 6th-floor outdoor terrace that consists of a sundeck with pool, jacuzzi, BBQs, and lounge chairs. Within the 6th-floor, you will find other luxuries such as a spacious clubhouse, large gym, and screening room. The lobby and elevators are monitored by 24-hour concierge and security. TEN50 is very close to most major banks, South Park Commons, Grand Hope Park, South Park Pharmacy & Grocery, Whole Foods, Starbucks, Hygge Bakery, Prank Bar, The Palm, Mastro's, Capital Grille, new and trendy Proper and Hoxton Hotels, Healthy Spot, Crypto Arena, LA Live, Regal 4D theaters, Fig and 7th, and so much more!

Last Listed By

Nina Moon

Neozips Realty, Inc. License #01815437 Listed on: 09/26/2023

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $18,085

Year Built

  • Built in 2017

Lot Details

  • 0.5 Acre Lot
  • South Facing Home
  • Gated Home

HOA Fees

  • $1,130 Monthly HOA Fees

Home Design

  • Modern Architecture

Interior Spaces

  • 1,359 Sq Ft Home
  • Built-In Features
  • Entryway
  • Living Room
  • Dining Area
  • Laminate Flooring
  • City Lights Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Closed Circuit Camera
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 2 Car Garage
  • Tandem Parking
  • Garage Door Opener
  • Driveway
  • Auto Driveway Gate
  • Guest Parking
  • Controlled Entrance

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5139-010-020

Community Details

Overview

  • Association fees include concierge, building and grounds, clubhouse, security, maintenance paid, water and sewer paid, trash
  • 151 Units
  • 22-Story Property

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Sundeck
  • Community Fire Pit
  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Business Center
  • Meeting Room
  • Lounge
  • Elevator
  • Service Elevator
  • Lobby
  • Reception Area
  • Community Mailbox

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Co-Op

Est. Annual Taxes

$18,085

Year Built

Built in 2017

Lot Details

0

HOA Fees

$1,130 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: TEN50 Homeowner's Association
  • Entry Floor: 6
  • Living Area: 1359
  • Lot Acreage: 0.5028
  • Planned Urban Dev: 0
  • Stories: 22
  • Unit Floor In Building: 6
  • Year Built: 2017
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 2
  • Flooring: Laminate
  • Appliances: Built-In Electric, Built-Ins, Cooktop - Electric, Electric, Oven-Electric
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Tile, Fiberglass Shower Enclosure
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Kitchen Island, Breakfast Area
  • Kitchen Features: Marble Counters
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Electric Dryer Hookup, Freezer, Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven, Recirculated Exhaust Fan, Refrigerator, Washer
  • Fireplace: No
  • Price Per S Q F T: 882.18

Exterior Features

  • Direction Faces: South
  • Pool Description: Association Pool, Community
  • Pool: Yes
  • Spa: Association Spa, Community
  • Spa Yn: Yes
  • View: City Lights, City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Assigned, Controlled Entrance, Community Garage, Auto Driveway Gate, Door Opener, Driveway - Concrete, Parking Space, Parking for Guests - Onsite, Parking for Guests, Driveway Gate, Gated, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Community, Exterior Security Lights, Fire and Smoke Detection System, Gated, Gated Community with Guard, Resident Manager, Smoke Detector, Fire Sprinklers

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Clubhouse, Conference, Concierge, Controlled Access, Elevator, Exercise Room, Fire Pit, Gated Community, Gated Parking, Guest Parking, Meeting Room, Onsite Property Management, Outdoor Cooking Area, Security, Spa, Pool, Sun Deck
  • Pet Rules: Assoc Pet Rules, Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Concierge, Building and Grounds, Clubhouse, Security, Maintenance Paid, Water and Sewer Paid, Trash
  • High Rise: 24-Hour Closed Circuit Building, 24-Hour Concierge, Business Center, Club Room, Concierge, Conference Facilities, Controlled Access, Entrance Lobby, Executive business center, Lounge, Passenger Elevator, Reception Desk, Sun Deck, Service Elevator, Trash Chute
  • HOA Fees: 1130.03
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5139-010-020
  • Lot Size Area: 21902

Rental Info

  • Lease Option: 1

Multi Family

  • Number Of Units: 151

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Feb 29, 2024
Sold by
Parra-Matthews Trust
Bought by
Parizher Alexander
Seller's Agent
Nina Moon
Neozips Realty, Inc.
Buyer's Agent
Nina Moon
Neozips Realty, Inc.
List Price
$1,380,000
Sold Price
$1,080,000
Premium/Discount to List
-$300,000
-21.74%
Total Days on Market
149
Views
132
Current Estimated Value
$1,223,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,040
Avg. Annual Appreciation
11.42%

Purchase Details

Closed on
Dec 8, 2022
Sold by
Parra-Matthews Scotty and Parra-Matthews Jose Jairo
Bought by
Parra-Matthews Trust

Purchase Details

Listed on
Oct 5, 2019
Closed on
Nov 12, 2019
Sold by
Zelmer Colin M and Yelen Meryl
Bought by
Parra Matthews Scotty and Parra Matthews Jose Jairo
Seller's Agent
Jeremy Flores
Jeremy Flores
Buyer's Agent
Tiffany Gatto
Smart LA Realty
List Price
$1,498,888
Sold Price
$1,345,000
Premium/Discount to List
-$153,888
-10.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.73%

Purchase Details

Closed on
Sep 5, 2017
Sold by
Zelmer Colin M and Yelen Meryl
Bought by
Zelmer Colin M and Yelen Meryl

Purchase Details

Closed on
Jan 19, 2017
Sold by
Crp Tu Glass Tower Owner Llc
Bought by
Zelmer Colin M and Yelen Meryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,000
Interest Rate
4.1%
Mortgage Type
Commercial

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Parizher Alexander $1,080,000 California Best Title
Parra-Matthews Trust -- --
Parra Matthews Scotty $1,345,000 Chicago Title Company
Zelmer Colin M -- None Available
Zelmer Colin M -- None Available
Zelmer Colin M $1,331,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zelmer Colin M $843,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 Sold $1,080,000 -9.9% $795 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/12/2024 02/12/24 Price Changed $1,198,888 -7.1% $882 / Sq Ft
11/06/2023 11/06/23 Price Changed $1,290,000 -6.5% $949 / Sq Ft
09/26/2023 09/26/23 For Sale $1,380,000 +2.6% $1,015 / Sq Ft
11/15/2019 11/15/19 Sold $1,345,000 -6.6% $989 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
10/26/2019 10/26/19 Price Changed $1,440,000 -3.9% $1,059 / Sq Ft
10/05/2019 10/05/19 For Sale $1,498,888 -- $1,102 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,085 $1,442,109 $369,908 $1,072,201
2023 $17,714 $1,413,833 $362,655 $1,051,178
2022 $16,880 $1,386,112 $355,545 $1,030,567
2021 $16,609 $1,358,934 $348,574 $1,010,360
2019 $16,806 $1,385,292 $416,680 $968,612
2018 $16,757 $1,358,130 $408,510 $949,620
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 23-312991

The MLS

APN: 5139-010-020