This LA luxury real estate has a website that looks like a fashion magazine. It’s stylish, sleek and cutting edge — just like the building it advertises. Ten50 is “large enough to be impressive,” the website states. “Boutique enough so each resident feels like an integral part of the tower community.”
After selling one of the units there, I can say that’s not overstating the wow factor of Ten50. It’s a beautiful building with breathtaking cviews, top-of-the-line appliances, five-star amenities, and privacy and security in the booming LA neighborhood.
At Ten50, you’re in a hotbed of activity that includes the Orpheum Theatre, Staples Center, L.A. Live, FIGat7th and the Los Angeles Convention Center, as well as plenty of shopping and dining.
From a textured metal facade that wraps the Ten50 base, creating a shifting pattern, to the Handel interiors that marry LA’s golden past with its promising present, this condominium stands out. At twenty-five stories high, it’s completion also marks the first high-rise condominium to be built in the area in ten years.
LA’s condo boom
Condos are shooting up in dowtown LA at their fastest pace since 2008, according to a Mansion Global article. Almost 2,000 luxury condos are reportedly under development or being sold.
Chinese developers are behind much of the activity. That includes a subsidiary, Greenland Group, which is building a $1 billion cluster of towers named Metropolis. Meanwhile, Oceanwide Holdings plans to complete a complex with more than 500 condos, a Park Hyatt Hotel, and 166,000 square feet of retail space, the article said.
A number of condo buildings are looking to reshape the city’s skyline in the South Park neighborhood. One of the most notable is the Olympia. This multi-tower project includes three buildings rising 65 stories, 52 stories and 43 stories. It will includes more than 1,300 units of housing, 20,000 square feet of restaurant space, and another 20,000 feet for commercial space.
Living in LA luxury real estate: Ten50
The condos in this luxury high-rise building are mostly sold. The website indicated there were still penthouses available, with prices that go into the millions.
With resort-style amenities, it’s not surprising Ten50 has caught the eye of potential residents. A few perks at the building include a pool, a fitness studio and yoga deck, a screening room, a private dining room and a drone-delivery landing pad.
If you’ve got your heart set on owning your own piece of LA luxury real estate, contact me. There’s an opportunity to be part of a new movement to create luxury urban living centered around public transit, as opposed to mountainsides mansions.