
Los Angeles, California 90024
This Value-Add Wilshire Corridor Residence is listed at $780,000, offering a strategic opportunity within a prestigious, full-service high-rise. Positioned relative to its $654,848 Fair Market Value, this spacious 1,711-square-foot corner unit features a Condition Rating of 5, serving as a premier "blank canvas" for a custom luxury remodel. The property boasts floor-to-ceiling windows, a private deck, and access to Top-Rated Schools like Fairburn Avenue Elementary (9/10) and Beverly Hills High (9/10). It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity in a prime Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10550 Wilshire Boulevard 103 Subject | $780,000* List Price | 2 | 2 | 1,711 | $383 | - |
A 10551 Wilshire Boulevard 403 Sold | $690,000 | 2 | 3 | 1,505 | $458 | 0.1 mi |
B 10590 Wilshire Boulevard 504 Sold | $685,000 | 2 | 2 | 1,312 | $522 | 0.1 mi |
C 10375 Wilshire Boulevard 8f Pending | $795,000 List Price | 2 | 3 | 2,075 | $383 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981, this 43-year-old property features original, dated bathroom cabinetry and fixtures. The listing description explicitly identifies the unit as an opportunity for a full renovation and remodel, fitting the criteria for a property needing rehab due to age and outdated systems.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated on the prestigious Wilshire Corridor, this residence offers elite amenities including 24-hour security, valet, and concierge services within an intimate, 50-unit high-rise.
The generous 1,711-square-foot floor plan features floor-to-ceiling windows on two sides, providing abundant natural light and a seamless indoor-outdoor connection via private balconies.
The monthly association fee of approximately $2,883 is substantial and may deter buyers sensitive to high recurring overhead costs.
The unit is in largely original condition and requires a comprehensive update to its kitchen, bathrooms, and finishes to meet modern luxury standards.
Located in The Wilshire Thayer, this first-floor corner residence presents one of the best values on the Wilshire Corridor. The Wilshire Thayer is an intimate, full-service high-rise offering just 50 residences in a prime, prestigious location. This single-level, first-floor unit features 2 bedrooms, 2 bathrooms, and approximately 1,711 square feet of living space. The home offers a well-designed floor plan with classic architectural details and a neutral palette, providing an excellent opportunity for updates and customization. The entry welcomes you with marble flooring and leads into a spacious living room highlighted by floor-to-ceiling windows on two sides, allowing for abundant natural light. Situated just above street level, the unit opens to private balconies with views of Thayer Avenue, Wilshire Boulevard, and the tree-lined street below, creating a pleasant indoor-outdoor connection. The primary suite includes two spacious closets and an en-suite bathroom with dual vanities, a soaking tub, and a separate spacious shower. While functional, the space is ready for thoughtful renovation. Additional features include new flooring in select areas and recessed kitchen lighting, enhancing the home's original charm. Residents enjoy full-service amenities, including valet parking, concierge, 24-hour security, gated garage parking, controlled access, an elegant lobby, and additional storage. Ideally located near Century City, Beverly Hills, Westwood, UCLA, and world-class shopping, dining, and cultural attractions, this Wilshire Corridor residence offers a rare opportunity to remodel and create a custom home in a highly desirable setting.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 3.0 | 38% |
| Square foot | 1,711 | 1,727.5 | 47% |
| Lot Size | 18,568 | 32,849 | 33% |
| Price | $780.0K | $1.27M | 22% |
| Price per sq ft | $456 | $743 | 1% |
| Built year | 1981 | 1982 | 46% |
| HOA | $2883.49 | $2.0K | 72% |
| Days on market | 5 | 166 | 1% |
Apr 28, 2026
$780,000
Initial Listing
Jan 5, 2006
$730,000
Public Record
Apr 16, 1998
$280,000
Public Record