10375 Wilshire Boulevard 11h, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath

10375 Wilshire Boulevard 11h, Los Angeles, California 90024 home-pic-0

10375 Wilshire Boulevard 11h

Los Angeles, California 90024

ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
2,182Sq Ft
93,275Lot Size

Property Price

LIST PRICE$1,148,000

SUMMARY

Analysis of 10375 Wilshire Boulevard 11h, Los Angeles, California 90024 is currently available with a list price of $1,148,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1958, this unit has undergone an extensive and high-quality 'designer-done' renovation. The kitchen features gourmet, integrated appliances, stainless steel countertops, and modern cabinetry, all appearing virtually new. The bathroom showcases contemporary mosaic tiling, a glass shower enclosure, and modern fixtures. Pristine hardwood floors are carried throughout, and recessed lighting, along with meticulously crafted built-ins, contribute to a modern and luxurious aesthetic. All visible components meet current quality standards with no signs of wear or deferred maintenance, indicating a very recent and comprehensive renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Unparalleled Panoramic Views

    The residence offers breathtaking, unparalleled panoramic views spanning from the mountains and golf course to the ocean and city skyline, significantly enhancing its appeal.

  • Luxury Building Amenities

    Residents benefit from renowned building amenities including valet services, a large pool and spa, a well-equipped gym, hair salon, dedicated on-site manager, and a dog park.

  • Prestigious Location

    Situated on Wilshire Boulevard within the exclusive Wilshire Terrace enclave, the property boasts a highly coveted and prestigious Los Angeles address.

CONSRISKS & DEFICIENCIES

  • High Monthly Association Fees

    The association fee of $3,235.00 per month is exceptionally high, which could significantly impact the total cost of ownership and buyer affordability.

  • Significant Price Reduction

    The property has seen a substantial price reduction from its original list price of $1,350,000 to $1,148,000, potentially indicating market resistance or an initial overvaluation.

  • Building Age

    Constructed in 1958, the building is over 60 years old. While the unit is updated, the age of the overall structure could imply potential for future maintenance issues or special assessments.

About 10375 Wilshire Boulevard 11h

Introducing the finest residence set within the prestigious Wilshire Terrace enclave. Experience opulent high-rise living within all 2,100+ SqFt of this designer-done home showcasing unparalleled panoramic views from the mountains and golf course to the ocean and city skyline. Guests are welcomed into this crown jewel unit by an abundance of natural light, courtesy of the two expansive terraces, and pristine hardwood floors carried throughout the thoughtfully curated floor plan. Meticulously crafted built-ins line the walls of the paneled library accompanied by a cozy fireplace with sight lines to the dining room and den, ideal for entertaining. Exuding an ambiance of refined sophistication, the formal dining room expertly captures breathtaking jetliner views. The chef's kitchen boasts gourmet appliances, stainless steel countertops and a considerable island in addition to the breakfast nook. The palatial primary suite offers lavish walk-in closets and a luxurious ensuite. The Wilshire Terrace spoils its residents with renowned amenities including valet services, a large pool and spa, well-equipped gym, hair salon, dedicated on-site manager, and a dog park in one of the most highly coveted locations.

Property Details

Public Facts

Property Type
Condominium
Year Built
1958
Lot Size
93,275 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$3235.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths3.03.0
50%
Square foot2,1821,836
63%
Lot Size93,27533,037
97%
Price$1.15M$1.26M
43%
Price per sq ft$526$722
9%
Built year19581982
3%
HOA$3235.0$2.1K
82%
Days on market527193
0%

Pricing History

No pricing history data available.

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