10350 E Wilshire Boulevard 301, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath

10350 E Wilshire Boulevard 301, Los Angeles, California 90024 home-pic-0
ACTIVE$1,250,000
10350 E Wilshire Boulevard 301, Los Angeles, California 90024
2Beds
3Baths
2,045Sqft
21,643Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Top Cons:
Extensive Remodeling Required: The property description explicitly states that 'The unit needs remodeling,' indicating a significant additional investment and effort will be required by the buyer to modernize the interior.

Compared to the nearby listings

Price:$1.25M vs avg $1.14M (+$112,000)61%
Size:2,045 sqft vs avg 1,596.5 sqft64%
Price/sqft:$611 vs avg $72223%

More Insights

Built in 1982 (43 years old).
Condition: The property was built in 1982, making it 42 years old. The listing explicitly states, 'The unit needs remodeling,' which, combined with its age, indicates that substantial repairs and rehabilitation are required. While the building's entrance has been remodeled, the unit itself is in its original condition and requires significant investment to update its systems, kitchen, bathrooms, and overall aesthetic to current standards. No interior images were provided to assess specific features, but the description alone points to a condition requiring major overhaul.
Year Built
1982
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$611
HOA
$3,081
Days on market
-
Sold On
-
MLS number
25487141
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights

About this home

This unit is in the Wilshire Corridor and has a large open space entrance with hardwood flooring and carpets in the bedrooms. The building entrance has just been remodeled. The unit needs remodeling.

Nearby schools

9/10
Warner Avenue Elementary School
Public,K-50.4mi
9/10
Fairburn Avenue Elementary School
Public,K-50.6mi
7/10
Nora Sterry Elementary School
Public,K-52.0mi
5/10
Brentwood Science School
Public,K-53.0mi
8/10
El Rodeo Elementary School
Public,K-80.7mi
3/10
Daniel Webster Middle School
Public,6-82.6mi
9/10
Beverly Hills High School
Public,9-121.0mi
6/10
University Senior High School Charter
Public,9-122.5mi
6/10
University Senior High School
Public,9-122.5mi
Condition Rating
Poor

The property was built in 1982, making it 42 years old. The listing explicitly states, 'The unit needs remodeling,' which, combined with its age, indicates that substantial repairs and rehabilitation are required. While the building's entrance has been remodeled, the unit itself is in its original condition and requires significant investment to update its systems, kitchen, bathrooms, and overall aesthetic to current standards. No interior images were provided to assess specific features, but the description alone points to a condition requiring major overhaul.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Wilshire Corridor Location: The unit is situated in the prestigious Wilshire Corridor, a highly sought-after and desirable address in Los Angeles, offering excellent access and prestige.
Spacious Floor Plan: With 2045 sqft for a 2-bedroom unit, the property offers a generous amount of living space, which is larger than many comparable condominiums.
Building Upgrades & Maintenance: The building entrance has just been remodeled, indicating good maintenance and a modern aesthetic for the common areas, enhancing the overall appeal of the complex.
City Lights View: The unit boasts an attractive 'City Lights' view, adding significant aesthetic appeal and potential value to the property.
Top-Rated Schools Nearby: The property is located in close proximity to multiple highly-rated public schools, including Fairburn Avenue Elementary (9/10) and Beverly Hills High School (9/10), which is a significant advantage for families.

Cons

Extensive Remodeling Required: The property description explicitly states that 'The unit needs remodeling,' indicating a significant additional investment and effort will be required by the buyer to modernize the interior.
High Monthly Association Fees: The association fee of $3,081.00 per month is exceptionally high, representing a substantial ongoing cost that could deter potential buyers.
Unit's Original Condition (Age): Built in 1982, the unit is over 40 years old. This age, combined with the stated need for remodeling, suggests that many original systems and finishes may be outdated or nearing the end of their lifespan, potentially leading to further renovation costs beyond cosmetic updates.

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