10501 Wilshire Boulevard 903, Los Angeles, California 90024, Los Angeles, 90024 - 1 bed, 1 bath

10501 Wilshire Boulevard 903, Los Angeles, California 90024 home-pic-0
ACTIVE$550,000
10501 Wilshire Boulevard 903, Los Angeles, California 90024
1Bed
1Bath
828Sqft
42,205Lot
Year Built
1963
Close
-
List price
$550K
Original List price
$629K
Price/Sqft
$664
HOA
$1,300
Days on market
-
Sold On
-
MLS number
TR25080704
Home ConditionPoor
Features
Excellent View: City Lights, Canyon, Mountain(s)
Deck
Pool
ViewCity Lights,Canyon,Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $550.0K(8th), sqft - 828(9th), beds - 1(18th), baths - 1(12th).

Welcome to 10501 Wilshire Blvd #903 – Your Opportunity to Create the Perfect Home! Ideally located just a 15-minute walk from UCLA, this is a rare opportunity to design and personalize your dream home in one of the most sought-after areas of Los Angeles. The building offers an array of top-tier amenities, including 24-hour security, full valet service, an outdoor swimming pool with stunning city views, a fully equipped fitness center, multiple meeting rooms, and even a dedicated dance studio — a truly unique feature you won’t find elsewhere! This inviting unit features 1 spacious bedroom, 1 bathroom, a bright and airy living room with breathtaking views, and a well-appointed kitchen ready for your personal touch. Whether you're relaxing, entertaining, or studying, you'll feel right at home in this vibrant community. Don’t miss out on this incredible chance to live close to campus while enjoying luxury amenities and endless potential!

Nearby schools

9/10
Warner Avenue Elementary School
Public,K-50.4mi
6/10
University Senior High School Charter
Public,9-122.1mi
6/10
University Senior High School
Public,9-122.1mi

Price History

Date
Event
Price
09/09/25
Price Change
$550,000
04/11/25
Listing
$629,000
11/02/17
Sold
$593,000
12/07/11
Sold
$348,000
Condition Rating
Poor

Built in 1963, this unit requires substantial interior rehabilitation. The images show bare concrete floors in the main living area, indicating a complete lack of finished flooring. The bathroom features outdated tiles, a dated vanity, and old-style shower doors, clearly needing a full renovation. The listing description explicitly states it's an 'opportunity to create the perfect home' and 'ready for your personal touch,' confirming that significant work is needed to make it move-in ready and up to modern standards. While the building's common areas appear well-maintained, the unit itself is in a state that necessitates major updates to all interior finishes and fixtures.
Pros & Cons

Pros

Exceptional Location: Ideally situated within a 15-minute walk to UCLA, this property is in a highly sought-after and prestigious area of Los Angeles (Westwood - Century City), offering convenience and desirability.
Extensive Luxury Amenities: The building provides a comprehensive array of top-tier amenities, including 24-hour security, full valet service, an outdoor swimming pool with city views, a fully equipped fitness center, multiple meeting rooms, and a unique dedicated dance studio.
Panoramic Views: The unit features breathtaking views of city lights, canyons, and mountains, enhancing its appeal and providing a desirable living experience.
Customization Potential: Presented as an opportunity to 'create the perfect home' and 'ready for your personal touch,' the unit offers significant potential for a buyer to design and personalize the interior to their exact specifications.
Desirable Neighborhood: Located in the affluent 90024 postal code and MLS area C05 (Westwood - Century City), the property benefits from a strong market and high demand.

Cons

Exorbitant Association Fees: The monthly association fee of $1,300 is exceptionally high for a 1-bedroom unit, significantly increasing the total cost of ownership and potentially limiting the pool of prospective buyers.
Building Age: Built in 1963, the building is over 60 years old, which may raise concerns about aging infrastructure, potential for future special assessments, or the need for ongoing maintenance and updates.
Significant Price Reduction: The property has undergone a substantial price drop from its original list price of $629,000 to $550,000, which could indicate initial overpricing or a struggle to attract buyers, potentially raising questions about its true market value.

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