10490 Wilshire Boulevard 1602, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath
10490 Wilshire Boulevard 1602
Los Angeles, California 90024
Property Price
SUMMARY
Analysis of 10490 Wilshire Boulevard 1602, Los Angeles, California 90024 is currently available with a list price of $1,300,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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
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.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Prime Location & Prestige
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.
- Exceptional Panoramic Views
Perched on the 16th floor, the residence delivers stunning, unobstructed views of the city skyline and water, significantly enhancing its luxury appeal.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Needed
The condo requires a full renovation, which necessitates a significant additional budget and time commitment beyond the initial purchase price.
- High Monthly Carrying Costs
The monthly association fee of $2,776 is substantial, which may deter budget-conscious buyers and impacts the overall monthly cost of ownership.
- Immediate Capital Outlay
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.
About 10490 Wilshire Boulevard 1602
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 84,778 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2776.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Fairburn Avenue Elementary School
Grades K-5 • 0.3 mi
Warner Avenue Elementary School
Grades K-5 • 0.4 mi
Nora Sterry Elementary School
Grades K-5 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,682 | 1,828 | 44% |
| Lot Size | 84,778 | 33,037 | 87% |
| Price | $1.30M | $1.26M | 52% |
| Price per sq ft | $773 | $731 | 67% |
| Built year | 1989 | 1982 | 67% |
| HOA | $2776.0 | $2.1K | 67% |
| Days on market | 123 | 191 | 23% |
Pricing History
Listed for Sale
Nov 3, 2025
$1,300,000
Initial Listing
Sold
Jun 15, 2018
$1,275,000
Public Record
Sold
Nov 3, 2003
$765,000
Public Record