How to convert luminosity at rest frame wavelength of 1450 A to absolute magnitude at 1450 A? How do I convert the luminosity (erg sec$^{-1}$ Hz$^{-1}$) of a quasar at a rest frame wavelength of 1450 Angstroms to absolute magnitude at the same wavelength? 

I know that the bolometric luminosity is related to absolute magnitude via this relation from Bolometric magnitude:

$$M_{bol, ★} - M_{bol, ☉} = -2.5 log_{10} \left( \frac{L_★}{L_☉} \right)$$

Should the same relation be valid for the 1450 A rest frame luminosity and I just used that luminosity instead of the bolometric luminosity?
The absolute magnitude of an object is defined as the brightness of the object observed at a distance of $d = 10\,\mathrm{pc}$. With this distance, you can convert the luminosity density $L_\nu$ in $\mathrm{erg}\,\mathrm{s}^{-1}\,\mathrm{Hz}^{-1}$ to a flux density $f_\nu$ in $\mathrm{erg}\,\mathrm{s}^{-1}\,\mathrm{cm}^{-2}\,\mathrm{Hz}^{-1}$:
$$
f_\nu = \frac{L_\nu}{4\pi \times (10\,\mathrm{pc})^2}.
$$

From there, you use the definition of the AB magnitude from Oke &amp; Gunn (1983):
$$
M_\mathrm{AB} = -2.5\log f_\nu \,\,–\,\, 48.60.
$$
Note that there's an error in the original equation, as the authors write plus 48.60 instead of minus.

If you want Vega magnitudes or Johnson magnitudes or whatever, you use a slightly different zeropoint. But you don't want that, just stick with the AB magnitudes.

Or you just use astropy's tools for converting between fluxes and magnitudes.