10490 Wilshire Boulevard 1602, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath
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Los Angeles, California 90024
This property presents a High-Potential Investment Opportunity with a List Price of $1,300,000—positioned well above the $1,097,135 Fair Market Value by -18%. While the unit requires a full renovation, its Condition Rating of 4 and prime location in the Blair House offer significant value-add potential. Residents benefit from Panoramic City Views, resort-style amenities, and proximity to Top-Rated Schools like Fairburn Avenue Elementary. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to customize a luxury Wilshire Corridor residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10490 Wilshire Boulevard 1602 Subject | $1,300,000* List Price | 2 | 3 | 1,682 | $652 | - |
A 10336 Wilshire Boulevard 201 Sold | $935,000 | 3 | 3 | 1,614 | $579 | 0.3 mi |
B 10445 Wilshire Boulevard 904 Sold | $1,212,750 | 2 | 2 | 1,649 | $735 | 0.1 mi |
C 10724 Wilshire Boulevard 1104 Sold | $1,405,000 | 2 | 3 | 2,018 | $696 | 0.4 mi |
D 10520 Wilshire Boulevard 407 Sold | $1,195,000 | 3 | 3 | 1,889 | $633 | 0.1 mi |
E 10445 Wilshire Boulevard 604 Sold | $950,000 | 2 | 2 | 1,649 | $576 | 0.1 mi |
F 10724 Wilshire Boulevard 505 Sold | $1,180,000 | 2 | 3 | 2,018 | $585 | 0.4 mi |
G 10490 Wilshire Boulevard 1402 Active | $1,299,900 List Price | 2 | 3 | 1,682 | $773 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1989, appears to be in mostly original condition with no significant renovations in the last 30 years. While the unit features well-maintained wood flooring and is functional, the kitchen and bathrooms are dated, featuring original cabinetry, older appliances, and 1980s-style fixtures. The listing explicitly states the condo needs renovation to meet modern luxury standards, fitting the criteria for a property that is aged but maintained through regular upkeep.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated in the renowned Blair House on the Wilshire Corridor, this property offers a prestigious address within one of Los Angeles' most desirable high-rise communities.
Perched on the 16th floor, the residence delivers stunning, unobstructed views of the city skyline and water, significantly enhancing its luxury appeal.
The condo requires a full renovation, which necessitates a significant additional budget and time commitment beyond the initial purchase price.
The monthly association fee of $2,776 is substantial, which may deter budget-conscious buyers and impacts the overall monthly cost of ownership.
Due to the 'as-is' nature and renovation requirements, this property may be more difficult to finance through traditional lending compared to move-in ready units.
MOTIVATED SELLER, SUBMIT ALL OFFERS OVER $1M. Luxury Condo in the Prestigious Blair House – Wilshire Corridor. Experience elevated living on the 16th floor of the highly coveted Blair House, located in the heart of the desirable Wilshire Corridor. This spacious and well-designed 2-bedroom, 3-bathroom condo offers stunning panoramic views of the city and water. Open floor plan ideal for both relaxation and entertaining. The residence features wood floors, a formal entry foyer with a powder room, and a dedicated laundry room for added convenience. Enjoy ample storage with private space in the garage and two assigned parking spots. This condo needs renovation. The Blair House is a full-service building offering top-tier amenities, including valet service, tennis courts, a pool and spa, and a fully equipped gym—providing residents with comfort, convenience, and a resort-style living experience.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,682 | 1,719 | 48% |
| Lot Size | 84,778 | 36,631 | 89% |
| Price | $1.30M | $1.24M | 53% |
| Price per sq ft | $773 | $743 | 63% |
| Built year | 1989 | 1982 | 70% |
| HOA | $2776.0 | $2.1K | 68% |
| Days on market | 225 | 155 | 76% |
Nov 3, 2025
$1,300,000
Initial Listing
Jun 15, 2018
$1,275,000
Public Record
Nov 3, 2003
$765,000
Public Record