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10550 Wilshire Boulevard 305, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath

10550 Wilshire Boulevard 305, Los Angeles, California 90024 home-pic-0
ACTIVE$1,250,000
10550 Wilshire Boulevard 305, Los Angeles, California 90024
2Beds
3Baths
2,146Sqft
18,568Lot
Year Built
1981
Close
-
List price
$1.25M
Original List price
$1.4M
Price/Sqft
$582
HOA
$2,770
Days on market
-
Sold On
-
MLS number
25575131
Home ConditionFair
Features
Good View: City Lights
Deck
ViewCity Lights

About this home

We found 3 Cons,6 Pros. Rank: price - $1.25M(61th), sqft - 2146(66th), beds - 2(50th), baths - 3(50th).

HUGE PRICE REDUCTION! Stunning loft-style New York vibe corner unit with architectural appeal and concierge living at Wilshire Thayer! Contemporary high-volume 2 bedroom, 2.5 bath pied-a-terre, featuring 2-story high floor-to-ceiling Roman-style window, gorgeous hardwood floors, dramatic 3-dimensional spiral staircase, massive wall space for fine art, bold visuals throughout, and enough flex-space for media, even a Baby Grand. This stylish showpiece needs work, but is bursting with artistic flair - ideal floorplan for entertaining! Gourmet kitchen, granite counters, wine fridge, kitchen counter/bar, pantry built-ins and and bonus workspace. Expansive Primary: floor-to-ceiling closets, built-ins, walk-in, dual sinks, large jacuzzi tub, separate shower, separate bidet and commode. Ensuite Second Bedroom can be an artist's retreat or in-home office. Elevator access to both levels, enclosed laundry, bonus storage/closets. 24-hour Doorman/Concierge. Fantastic location near UCLA, Cedars-Sinai, Rodeo Drive, Restaurant Row, Century City. All this, a short drive to scenic Paradise Cove. Valet entry/exit on Thayer. High-volume flex-space corner units of this caliber are scarce - WRITE AN OFFER!

Nearby schools

9/10
Fairburn Avenue Elementary School
Public,•K-5•0.2mi
9/10
Warner Avenue Elementary School
Public,•K-5•0.5mi
7/10
Nora Sterry Elementary School
Public,•K-5•1.5mi
5/10
Brentwood Science School
Public,•K-5•2.6mi
8/10
El Rodeo Elementary School
Public,•K-8•1.1mi
3/10
Daniel Webster Middle School
Public,•6-8•2.3mi
9/10
Beverly Hills High School
Public,•9-12•1.2mi
6/10
University Senior High School Charter
Public,•9-12•2.0mi
6/10
University Senior High School
Public,•9-12•2.0mi

Price History

Date
Event
Price
12/06/25
Price Change
$1,250,000-10.7%
08/14/25
Listing
$1,399,000
02/14/01
Sold
$547,500
Condition Rating
Fair
The property, built in 1981, is explicitly stated to 'need work' in the MLS description, and the property analysis highlights 'Condition Requires Investment.' While the main living areas feature attractive hardwood floors and high ceilings, the kitchen and bathrooms show clear signs of being outdated. The kitchen has white raised-panel cabinets, dark granite counters, and track lighting, consistent with a renovation 15-25 years ago. The bathrooms also feature older cabinet styles and tile work. These areas are functional but require significant cosmetic updates to meet current aesthetic standards, aligning with the 'fair' condition criteria of requiring minor updates or repairs due to outdated components.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Location & Accessibility: Located on prestigious Wilshire Boulevard, offering excellent proximity to major institutions (UCLA, Cedars-Sinai), high-end shopping (Rodeo Drive), dining, and entertainment hubs (Century City, Restaurant Row).
Unique Architectural Design: Features a stunning loft-style, New York vibe with architectural appeal, including a 2-story high floor-to-ceiling Roman-style window, dramatic spiral staircase, and ample wall space for art, creating a distinctive living environment.
Luxury Building Amenities & Services: Offers concierge living with a 24-hour doorman/concierge and valet entry/exit, providing a high level of security, convenience, and service.
Well-Appointed Interior & Gourmet Kitchen: Boasts a gourmet kitchen with granite counters, a wine fridge, and pantry built-ins, complemented by an expansive primary suite featuring a large jacuzzi tub, dual sinks, and separate shower/bidet.
City Lights View & Corner Unit: As a corner unit, it likely offers enhanced light and views, explicitly stated to include 'City Lights,' adding to its desirability and ambiance.

Cons

Condition Requires Investment: The description explicitly states, 'This stylish showpiece needs work,' indicating that a buyer should anticipate additional investment for renovations or updates beyond the purchase price.
Substantial Monthly Association Fees: The association fee of $2,770.00 per month is exceptionally high, significantly increasing the total cost of ownership and potentially impacting affordability and resale value.
Building Age: Constructed in 1981, the building is over 40 years old. While the unit has architectural appeal, the age of the overall structure and its systems may lead to higher maintenance costs or require significant capital improvements in the future.

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