10450 Wilshire 2a, Los Angeles, California 90024, Los Angeles, 90024 - 3 bed, 3 bath
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Los Angeles, California 90024
This Value-Add Wilshire Corridor Condominium is a strategic asset listed at $1,199,000, representing a stable entry point near its $1,171,423 Fair Market Value. Currently holding a Fair Condition Rating, the residence features high-end modern renovations while offering significant upside through the completion of one unfinished bedroom and bathroom. Spanning over 2,000 square feet with panoramic city views, it is zoned for elite 9/10 rated schools including Fairburn Avenue Elementary, Warner Avenue Elementary, and Beverly Hills High. This is a strategic acquisition for Luxury Renovators or Owner-Occupants looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10450 Wilshire 2a Subject | $1,199,000* List Price | 3 | 3 | 2,082 | $563 | - |
A 10724 Wilshire Boulevard 406 Sold | $1,055,555 | 2 | 3 | 2,200 | $480 | 0.5 mi |
B 10336 Wilshire Boulevard 201 Sold | $935,000 | 3 | 3 | 1,614 | $579 | 0.3 mi |
C 10550 Wilshire Boulevard 305 Sold | $1,125,000 | 2 | 3 | 2,146 | $524 | 0.2 mi |
D 10430 Wilshire Boulevard 802 Sold | $1,450,000 | 2 | 3 | 2,818 | $515 | 0.0 mi |
E 10724 Wilshire Boulevard 1104 Sold | $1,405,000 | 2 | 3 | 2,018 | $696 | 0.5 mi |
F 10601 Wilshire Boulevard 602 Sold | $1,270,500 | 2 | 3 | 2,330 | $545 | 0.3 mi |
G 10523 Ashton Avenue 101 Active | $1,395,000 List Price | 3 | 3 | 1,960 | $712 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property features high-end, modern renovations in the kitchen and primary bathrooms that appear less than 5 years old. However, the listing explicitly states that one bedroom and one bathroom are unfinished. Because it is not currently move-in ready and requires completion of construction work, it falls into the 'Fair' category despite the excellent quality of the remodeled sections.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
With the majority of the unit already remodeled and materials provided for the final bedroom and bathroom, this property offers a rare opportunity to build immediate equity through minor completion work.
Situated on the prestigious Wilshire Corridor, the property provides access to top-rated schools including Fairburn Avenue and Warner Avenue Elementary, ensuring strong long-term investment value.
The monthly association fee of $2,185 is substantial, which may impact buyer affordability and overall return on investment compared to buildings with lower overhead.
The requirement to complete the final bedroom and bathroom may deter buyers looking for a turnkey home and could present challenges for certain types of traditional financing.
PROPERTY COMPLETELY REMODELED EXCEPT FOR ONE BEDROOM AND BATH. SELLER HAS THE MATERIALS, JUST COMPLETE THE WORK. HUGE UPSIDE POTENTIAL! Property completely remodeled except for one bedroom and bath. Seller has the materials, just complete the work. Huge upside potential!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 66% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,082 | 1,769 | 61% |
| Lot Size | 41,037 | 32,943 | 62% |
| Price | $1.20M | $1.27M | 46% |
| Price per sq ft | $576 | $743 | 13% |
| Built year | 1961 | 1982 | 7% |
| HOA | $2185.0 | $2.0K | 54% |
| Days on market | 2 | 166 | 1% |
May 1, 2026
$1,199,000
Initial Listing
Apr 12, 2022
$1,100,000
Public Record
Oct 8, 2019
$1,150,000
Public Record
May 2, 2005
$725,000
Public Record