10501 Wilshire Boulevard 2206, Los Angeles, California 90024, Los Angeles, 90024 - 1 bed, 1 bath
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10501 Wilshire Boulevard 2206
Los Angeles, California 90024
ACTIVE
CONDITION: FAIR
1Beds
1Baths
691Sq Ft
42,205Lot Size
Property Price
LIST PRICE$589,000
EST. MARKET VALUE
$586,957
SUMMARY
This residence presents a High-Potential Investment Opportunity with a List Price of $625,000—positioned slightly above the $612,158 Fair Market Value. While requiring cosmetic updates, the unit features a Condition Rating of 4, offering a blank canvas for modernization. Residents enjoy a full-service luxury lifestyle with 24-hour concierge and panoramic city views, all within the Warner Avenue Elementary School district. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value in a prestigious Wilshire Corridor location.
Estimated Market Value
$586,957
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 |
|---|---|---|---|---|---|---|
★ 10501 Wilshire Boulevard 2206 Subject 1 bd · 1 ba · 691 sqft · $849 | $589,000* List Price | 1 | 1 | 691 | $849 | - |
A 10501 Wilshire Boulevard 1508 Active 1 bd · 2 ba · 883 sqft · $764 | $675,000 List Price | 1 | 2 | 883 | $764 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1963, the unit is dated and the listing description explicitly mentions needing 'TLC' to reach its potential. While the wide plank floors and plantation shutters appear to be in decent shape, the bathroom features older fixtures and a walk-in tub, suggesting the interior is likely in the 15-30 year renovation range and requires cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Panoramic Views
Situated on the 22nd floor, this residence offers a breathtaking 180-degree panorama stretching from Downtown Los Angeles to Marina del Rey, providing exceptional visual appeal.
- Comprehensive Amenities
The building provides a full-service luxury lifestyle with 24-hour concierge, valet parking, and extensive facilities, with all utilities conveniently included in the monthly HOA dues.
CONSRISKS & DEFICIENCIES
- Laundry Restrictions
The building prohibits the installation of in-unit washer and dryers, requiring residents to use shared laundry facilities located on the floor.
- Renovation Required
The unit is noted as needing 'TLC' and cosmetic updates, which will require additional immediate capital investment from the buyer to modernize the space.
About 10501 Wilshire Boulevard 2206
Breathtaking day and night views await from this 22nd-floor residence, offering a sweeping 180-degree panorama from Downtown Los Angeles to Marina del Rey. This cozy one-bedroom, one-bath home features plantation shutters throughout, ultra high ceilings, wide plank floors, and a walk-in tub perfect for long, leisurely soaks. Bedroom has two closets with plenty of hanging space. With a little TLC, as envisioned in the updated photos, this inviting residence has the potential to become a truly heavenly haven in the sky. All utilities included in monthly HOA dues. 24 hour concierge, valet parking, on site manager, banquet facilities, conference room, extra storage, pool, gym, sun deck, guest rooms and more. 2 washer/dryers on the 22nd floor (none allowed in units). See showing instructions please
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1963
- Lot Size
- 42,205 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1201.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Warner Avenue Elementary School
Grades K-5 • 0.4 mi
9/10
University Senior High School Charter
Grades 9-12 • 2.1 mi
6/10
University Senior High School
Grades 9-12 • 2.1 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 691 | 1,252.996 |
| Lot Size | 42,205 | 26,029.603 |
| Price | $589.0K | $778.5K |
| Price per sq ft | $852 | $629 |
| Built year | 1963 | 1981 |
| HOA | $1201.0 | $676 |
| Days on market | 55 | 74 |
Pricing History
Listed for Sale
Oct 11, 2026
$589,000
$625,000
-6% Price Drop
Initial Listing
Price Change
Sep 15, 2026
$625,000
Initial Listing