
Los Angeles, California 90024
This Value-Add Condominium in the prestigious Wilshire Corridor is listed at $600,000, positioned near its $585,816 Fair Market Value. With a Condition Rating of 4, the interior is functional but significantly outdated, presenting a clear opportunity for forced appreciation through a custom renovation. The property features a forested greenbelt view and offers elite access to the 9/10 rated Warner Avenue Elementary School within the Los Angeles Unified district. This unit is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build equity in a world-class Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10501 Wilshire Boulevard 903 Subject | $600,000* List Price | 1 | 1 | 828 | $708 | - |
A 10747 Wilshire Boulevard 1102 Sold | $685,000 | 2 | 2 | 974 | $703 | 0.4 mi |
B 10982 Roebling Avenue 363 Sold | $555,000 | 1 | 1 | 663 | $837 | 0.9 mi |
C 10751 Wilshire Boulevard 1009 Sold | $650,000 | 1 | 2 | 929 | $700 | 0.4 mi |
D 10501 Wilshire Boulevard 1906 Sold | $545,000 | 1 | 1 | 691 | $789 | - |
E 10535 Wilshire Blvd 1002 Active | $650,000 List Price | 2 | 2 | 1,073 | $606 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this unit is functional and maintained but significantly outdated. The kitchen features older electric appliances and cabinetry, and the overall interior—including the bathroom and flooring—shows signs of age consistent with a property that hasn't been renovated in over 20 years. The listing description 'ready for your personal touch' confirms it is a prime candidate for cosmetic modernization.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in one of Los Angeles' most prestigious residential stretches, this property offers elite proximity to Westwood Village, UCLA, and Century City.
Priced as a 'personal touch' project, this unit provides a significant opportunity for an investor or owner-user to build equity through a custom renovation.
The $1,400 monthly association fee is quite high for a one-bedroom unit, which may deter budget-conscious buyers or impact financing qualifications.
Built in 1963 and requiring modernization, the unit likely needs a full cosmetic and potentially mechanical overhaul to meet contemporary luxury standards.
Great opportunity, specious condo unit in prime area. Ready for your personal touch.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 9% |
| Baths | 1.0 | 3.0 | 5% |
| Square foot | 828 | 1,816.5 | 4% |
| Lot Size | 42,205 | 34,697.5 | 70% |
| Price | $600.0K | $1.27M | 5% |
| Price per sq ft | $725 | $735 | 46% |
| Built year | 1963 | 1982 | 14% |
| HOA | $1400.0 | $2.1K | 39% |
| Days on market | 40 | 171 | 3% |
Mar 13, 2026
$600,000
Initial Listing
Nov 2, 2017
$593,000
Public Record
Dec 7, 2011
$348,000
Public Record