10445 Wilshire Boulevard 502, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 2 bath
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10445 Wilshire Boulevard 502
Los Angeles, California 90024
ACTIVE UNDER CONTRACT
CONDITION: GOOD
2Beds
2Baths
1,922Sq Ft
32,849Lot Size
Property Price
LIST PRICE$897,000
EST. MARKET VALUE
$938,173
4% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $897,000—positioned well below the $938,174 Fair Market Value by 4%. This valuation gap offers $41,174 in Instant Equity. Featuring a 1,922 sqft split-bedroom floor plan and City Lights views, the unit maintains a Condition Rating of 3. Located near Top-Rated Schools like Fairburn Avenue Elementary, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking luxury amenities on the Wilshire Corridor.
Estimated Market Value
$938,173+$41,173 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10445 Wilshire Boulevard 502 Subject 2 bd · 2 ba · 1,922 sqft · $488 | $897,000* List Price | 2 | 2 | 1,922 | $488 | - |
A 10660 Wilshire Boulevard 410 Sold 2 bd · 3 ba · 2,177 sqft · $432 · 0.4 mi | $940,000 | 2 | 3 | 2,177 | $432 | 0.4 mi |
B 1260 S Beverly Glen Boulevard 405 Sold 2 bd · 2 ba · 1,859 sqft · $585 · 0.2 mi | $1,087,000 | 2 | 2 | 1,859 | $585 | 0.2 mi |
C 10550 Wilshire Boulevard 503 Sold 2 bd · 2 ba · 1,711 sqft · $580 · 0.2 mi | $993,000 | 2 | 2 | 1,711 | $580 | 0.2 mi |
D 10640 Wilkins Avenue 103 Sold 2 bd · 3 ba · 1,830 sqft · $525 · 0.7 mi | $960,000 | 2 | 3 | 1,830 | $525 | 0.7 mi |
E 10750 Wilshire Boulevard 505 Sold 2 bd · 3 ba · 1,696 sqft · $537 · 0.6 mi | $910,000 | 2 | 3 | 1,696 | $537 | 0.6 mi |
F 10520 Wilshire Boulevard 206 Sold 3 bd · 3 ba · 2,076 sqft · $561 · 0.2 mi | $1,165,000 | 3 | 3 | 2,076 | $561 | 0.2 mi |
G 10450 Wilshire 2a Sold 3 bd · 3 ba · 2,082 sqft · $454 · 0.1 mi | $945,000 | 3 | 3 | 2,082 | $454 | 0.1 mi |
H 10660 Wilshire Boulevard 302 Sold 1 bd · 2 ba · 1,382 sqft · $528 · 0.4 mi | $730,000 | 1 | 2 | 1,382 | $528 | 0.4 mi |
I 1260 S Beverly Glen Boulevard 104 Active 2 bd · 2 ba · 1,800 sqft · $527 · 0.2 mi | $949,000 List Price | 2 | 2 | 1,800 | $527 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the building was constructed in 1980, the unit has been updated with a functional kitchen featuring stainless steel appliances and stone countertops. The interior appears well-maintained, clean, and move-in ready, consistent with a renovation performed within the last 10-20 years.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Exceptional Market Value
Priced at $897,000, this unit is listed significantly below the building's recent average sale price of over $1,350,000, offering substantial immediate equity potential for the buyer.
- Premier Building Amenities
Located in 'The Grand,' the property offers a full-service luxury lifestyle with 24-hour front desk staff, valet parking, a fitness center, and a sun-drenched pool on the prestigious Wilshire Corridor.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The monthly association fee of $2,344 is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Likely Need for Modernization
Given the aggressive pricing relative to the building average and the 1980 construction date, the unit likely requires cosmetic updates or renovations to meet contemporary luxury standards.
About 10445 Wilshire Boulevard 502
Stunning unit at The Grand, one of the premier buildings on the prestigious Wilshire Corridor. This unit is being offered at an incredible price to SELL. Average price in the building for the last 15 sales is more than $1,350,000! This is a large two-bedroom, two-bathroom condo with very spacious bedrooms and a kitchen that opens to an expansive living / dining area. The desirable split-bedroom floor plan places the bedrooms on opposite sides of the unit, providing added privacy and separation. Step out onto your private balcony for morning coffee or a drink at the end of the day. The Grand has great amenities including a beautiful pool which enjoys morning and afternoon sun, a well-equipped gym, an entertaining room which can be reserved for your private events, and also a conference room / library which is great for business meetings. Enjoy the luxury of a full-service building including complimentary Valet Parking and 24-hour front desk. Superb Westside location close to UCLA, Westwood, Beverly Hills, Century City and an easy drive to the beaches of Santa Monica & Malibu.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 32,849 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2344.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Warner Avenue Elementary School
Grades K-5 • 0.3 mi
9/10
Fairburn Avenue Elementary School
Grades K-5 • 0.4 mi
9/10
Nora Sterry Elementary School
Grades K-5 • 1.8 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,922 | 1,252.996 |
| Lot Size | 32,849 | 26,029.603 |
| Price | $897.0K | $778.5K |
| Price per sq ft | $467 | $629 |
| Built year | 1980 | 1981 |
| HOA | $2344.0 | $676 |
| Days on market | 20 | 74 |
Pricing History
Listed for Sale
Oct 20, 2026
$897,000
Initial Listing
Sold
Nov 1, 2000
$429,000
Public Record