10375 Wilshire Boulevard 1b, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath
ACTIVE$7,999,999
10375 Wilshire Boulevard 1b, Los Angeles, California 90024
2Beds
3Baths
4,923Sqft
93,275Lot
Year Built
1958
Close
-
List price
$8M
Original List price
$8M
Price/Sqft
$1,625
HOA
$3,500
Days on market
-
Sold On
-
MLS number
24370293
Home ConditionExcellent
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $8.00M(96th), sqft - 4923(97th), beds - 2(50th), baths - 3(50th).
Price History
Date
Event
Price
02/18/15
Sold
$2,000,000
Condition Rating
Excellent
Despite being built in 1958, the property appears to have undergone a comprehensive, high-end renovation, likely within the last 5-10 years, given its $8 million asking price and the visible modern updates. The living area features contemporary recessed lighting, updated ceiling treatments, and modern flooring, all indicative of recent, quality work. While images of the kitchen and bathrooms are not provided, the luxury price point, the property's 'Luxury Bath-to-Bed Ratio' mentioned in the analysis, and the overall updated aesthetic strongly suggest these areas have also been renovated to an excellent, modern standard, meeting current quality expectations for a property of this caliber. There are no visible signs of deferred maintenance or physical depreciation.
Pros & Cons
Pros
Prestigious Location: Situated on Wilshire Boulevard in the highly desirable Westwood - Century City area, offering an exclusive and sought-after address.
Exceptional Square Footage: Boasting 4923 sqft, this condominium offers an unusually expansive living space for a 2-bedroom unit, providing a luxurious and spacious environment.
Luxury Bath-to-Bed Ratio: With 3 bathrooms for 2 bedrooms, the property provides superior convenience and a high level of luxury for residents and guests.
Exclusive Market Appeal: The property's size, location, and price point cater to a discerning, affluent buyer demographic seeking a high-end urban residence.
Prime Investment Area: Located in an area known for its consistent property value appreciation and desirability among high-net-worth individuals, indicating strong long-term investment potential.
Cons
Exorbitant Association Fees: The monthly association fee of $3,500 is exceptionally high, representing a significant ongoing financial commitment for the owner.
Lack of View: The property explicitly states 'None' for view, which is a notable drawback for a luxury condominium at this price point in Los Angeles.
High Price Point & Niche Market: The $8 million asking price, combined with the high HOA fees, targets a very limited buyer pool, potentially extending market time.