
Los Angeles, California 90024
This Wilshire Corridor condominium presents a High-Potential Investment Opportunity, listed at $675,000—positioned well above the $564,913 Fair Market Value by -19%. Featuring a Condition Rating of 4, this unit serves as a prime canvas for a high-end custom remodel. Residents enjoy Panoramic City Views, a full-service building with a pool, and proximity to the 9/10 rated Warner Avenue Elementary School. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to personalize a luxury residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10501 Wilshire Boulevard 1508 Subject | $675,000* List Price | 1 | 2 | 883 | $640 | - |
A 10535 Wilshire Blvd 1002 Sold | $620,000 | 2 | 2 | 1,073 | $578 | 0.1 mi |
B 10535 Wilshire Boulevard 701 Sold | $685,000 | 2 | 2 | 1,071 | $640 | 0.1 mi |
C 10535 Wilshire Boulevard 1701 Sold | $700,000 | 2 | 2 | 1,088 | $643 | 0.1 mi |
D 10535 Wilshire Boulevard 1708 Sold | $840,000 | 2 | 2 | 1,088 | $772 | 0.1 mi |
E 10501 Wilshire Boulevard 903 Active | $600,000 List Price | 1 | 1 | 828 | $725 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this unit features a functional but dated kitchen with a 1990s-style floral wallpaper border and older white appliances. While the wood floors are a plus, the listing explicitly highlights 'endless possibilities to remodel' and 'potential,' indicating the interior systems and finishes are likely over 20 years old and need modernization.
Elementary School: Warner Avenue Elementary School (9/10).
Situated on the 15th floor of the prestigious Wilshire Corridor, this residence offers breathtaking, unobstructed views of the city lights and skyline, significantly enhancing its market appeal.
The building provides a premium lifestyle with 24-hour concierge, valet parking, a state-of-the-art gym, and a pool, with the added convenience of all utilities included in the monthly dues.
The monthly HOA fee of $1,659 is substantial for an 883-square-foot one-bedroom unit, which may impact the overall affordability and appeal to certain buyer segments.
The reliance on shared laundry facilities on the floor rather than having a private in-unit washer and dryer is a notable drawback for modern luxury condominium living.
Heavenly city views await from the 15th floor of this Wilshire Corridor condo. This one bedroom residence with den area and 2 baths offers ultra-high ceilings, lovely wood floors, generous closet space, excellent storage, and endless possibilities to remodel, refresh, or personalize. Full of potential, this is a wonderful opportunity in a full-service building. Enjoy the convenience of two laundry areas on the floor and all utilities included in the monthly dues. Building amenities include 24-hour concierge, on-site manager, valet parking, state-of-the-art gym, pool, sundeck, banquet facilities, guest rooms, and more.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 9-12 • 2.1 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 883 | 1,243 |
| Lot Size | 42,205 | 24,016 |
| Price | $675.0K | $805.6K |
| Price per sq ft | $764 | $659 |
| Built year | 1963 | 1981 |
| HOA | $1659.0 | $684 |
| Days on market | 37 | 71 |
Jun 15, 2026
$675,000
Initial Listing