10550 Wilshire Boulevard 302, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath
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10550 Wilshire Boulevard 302
Los Angeles, California 90024
ACTIVE
CONDITION: FAIR
2Beds
3Baths
2,146Sq Ft
18,568Lot Size
Property Price
LIST PRICE$959,000
EST. MARKET VALUE
$959,000
SUMMARY
This Wilshire Corridor Condominium represents a Strong Value Opportunity, listed at $1,049,000—positioned well below the $1,130,800 Fair Market Value by 7%. This valuation gap offers $81,800 in Instant Equity. Featuring a Condition Rating of 4, the unit offers a spacious floorplan with a Gourmet Kitchen and City Lights View. Located near Top-Rated Schools like Fairburn Avenue Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury lifestyle with significant upside potential.
Estimated Market Value
$959,000
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 |
|---|---|---|---|---|---|---|
★ 10550 Wilshire Boulevard 302 Subject | $959,000* List Price | 2 | 3 | 2,146 | $447 | - |
A 10550 Wilshire Boulevard 305 Sold | $1,125,000 | 2 | 3 | 2,146 | $524 | 0.0 mi |
B 10750 Wilshire Boulevard 505 Sold | $910,000 | 2 | 3 | 1,696 | $537 | 0.4 mi |
C 10511 Ashton 101 Sold | $830,000 | 2 | 3 | 1,443 | $575 | 0.1 mi |
D 10551 Wilshire Boulevard 403 Sold | $690,000 | 2 | 3 | 1,505 | $458 | 0.1 mi |
E 10520 Wilshire Boulevard 206 Sold | $1,165,000 | 3 | 3 | 2,076 | $561 | 0.1 mi |
F 10375 Wilshire Boulevard 8f Sold | $750,000 | 2 | 3 | 2,075 | $361 | 0.4 mi |
G 10445 Wilshire Boulevard 604 Sold | $950,000 | 2 | 2 | 1,649 | $576 | 0.2 mi |
H 10445 Wilshire Boulevard 504 Active | $944,000 List Price | 2 | 2 | 1,649 | $572 | 0.2 mi |
* 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 1981, the property is well-maintained but aesthetically dated. The kitchen and bathrooms appear to have been renovated approximately 20-25 years ago, featuring ornate cabinetry, gold-tone fixtures, and granite styles that, while functional, require modernization to meet current luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Prime Wilshire Corridor Location
Situated in the prestigious Wilshire Thayer, this boutique residence offers unparalleled access to UCLA, Century City, and world-class dining and shopping on Rodeo Drive.
- Comprehensive Luxury Services
Residents benefit from a full-service lifestyle including 24-hour concierge, valet parking, and high-level security, providing a secure and convenient urban living experience.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The monthly association fee of $3,019 is substantial, which may impact the overall affordability and appeal for budget-conscious luxury buyers.
- Dated Building Vintage
Built in 1981, the property may require interior updates to meet modern aesthetic standards and lacks the contemporary architectural features found in newer high-rise developments.
About 10550 Wilshire Boulevard 302
Welcome to the Wishire Thayer, an opulent 24-hour doorman/valet high rise condo community crafted by Charles Kober and Associates. Considered one of the most intimate boutique condominiums on the Wilshire Corridor. The Wilshire Thayer is a full-service high-rise; offering concierge service, gated parking and a 24-hour valet/doorman. It is an elevator-served building that emphasizes personalized service and privacy rather than large, resort-style amenities. The unit is bursting with artistic flair and has an ideal floor-plan for entertaining! Gourmet kitchen, granite counters, kitchen counter/bar, pantry built-ins and a bonus workspace. Separate dining room. Expansive Primary; floor-to-ceiling closets, built-ins, walk-in, dual sinks, large Jacuzzi tub, separate shower, separate bidet and commode. The en suite 2nd Bedroom can be an artist's retreat or in-home office. Elevator access is available to the 3rd and 4th levels. Enjoy enclosed laundry and bonus storage/closets. A fantastic location near UCLA, Cedars-Sinai, Rodeo Drive, Restaurant Row and Century City. A scenic drive to the beaches. Valet entry/exit on Thayer.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 18,568 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $3019.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Fairburn Avenue Elementary School
Grades K-5 • 0.2 mi
9/10
Warner Avenue Elementary School
Grades K-5 • 0.5 mi
9/10
Nora Sterry Elementary School
Grades K-5 • 1.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,146 | 1,219.385 |
| Lot Size | 18,568 | 27,236.074 |
| Price | $959.0K | $800.2K |
| Price per sq ft | $447 | $650 |
| Built year | 1981 | 1979 |
| HOA | $3019.0 | $685 |
| Days on market | 113 | 72 |
Pricing History
Listed for Sale
Aug 28, 2026
$959,000
$995,000
-4% Price Drop
Initial Listing
Price Change
Jul 21, 2026
$995,000
$1,049,000
-5% Price Drop
Initial Listing
Price Change
May 19, 2026
$1,049,000
Initial Listing
Sold
Apr 13, 2015
$980,000
Public Record
Sold
Aug 19, 2004
$799,000
Public Record
Sold
Nov 15, 1999
$760,000
Public Record