10550 Wilshire Boulevard 305, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath
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Los Angeles, California 90024
This Architectural Loft-Style Condominium is a Strong Value Opportunity, listed at $1,250,000—representing a stable and fair entry point at its $1,250,000 Fair Market Value. While currently holding a Condition Rating of 4 and requiring interior modernization, the unit features a rare two-story floor-to-ceiling window, a dramatic spiral staircase, and a Gourmet Kitchen. Situated in the elite Wilshire Corridor, residents benefit from 9/10 rated schools including Fairburn Avenue Elementary and Beverly Hills High. This "New York vibe" showpiece is a premier acquisition for Luxury Renovators or Owner-Occupants seeking a high-volume artistic sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10550 Wilshire Boulevard 305 Subject | $1,250,000* List Price | 2 | 3 | 2,146 | $582 | - |
A 10601 Wilshire Boulevard 602 Sold | $1,270,500 | 2 | 3 | 2,330 | $545 | 0.1 mi |
B 10724 Wilshire Boulevard 1104 Sold | $1,405,000 | 2 | 3 | 2,018 | $696 | 0.3 mi |
C 10724 Wilshire Boulevard 406 Sold | $1,055,555 | 2 | 3 | 2,200 | $480 | 0.3 mi |
D 10560 Wilshire Boulevard 406 Sold | $1,260,000 | 2 | 3 | 1,828 | $689 | 0.0 mi |
E 10445 Wilshire Boulevard 904 Sold | $1,212,750 | 2 | 2 | 1,649 | $735 | 0.2 mi |
F 10724 Wilshire Boulevard 505 Sold | $1,180,000 | 2 | 3 | 2,018 | $585 | 0.3 mi |
G 10520 Wilshire Boulevard 407 Pending | $1,195,000 List Price | 3 | 3 | 1,889 | $633 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this property is over 40 years old. While it boasts unique architectural features like floor-to-ceiling windows and a spiral staircase, and has a 'gourmet kitchen' with granite counters and stainless steel appliances (including a wine fridge), the description explicitly states it 'needs work.' The kitchen cabinets appear to be older, painted white, and the primary bathroom, while spacious with a jacuzzi tub and dual sinks, features styles (like the wainscoting and small hexagonal tiles) that suggest an update from 15-30 years ago rather than a recent renovation. The carpet on the spiral staircase and in the bedrooms may also require updating. Overall, the home is maintained and functional but shows signs of being outdated and requires minor updates or repairs to meet modern standards.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prestigious address on Wilshire Boulevard, offering unparalleled access to major LA attractions, employment centers (UCLA, Cedars-Sinai), high-end shopping (Rodeo Drive), and dining in the desirable Westwood - Century City area.
Unique loft-style, New York vibe corner unit with architectural appeal, featuring 2-story high floor-to-ceiling windows, a dramatic spiral staircase, high ceilings, and ample wall space for art, creating a sophisticated and artistic ambiance.
The property description explicitly states it 'needs work,' indicating that a buyer should anticipate additional investment for renovations or upgrades to meet modern luxury standards.
A substantial monthly association fee of $2,770 significantly increases the total cost of ownership and could deter some potential buyers.
A 'HUGE PRICE REDUCTION' from the original list price suggests the property may have been initially overpriced or faced challenges in attracting buyers at its previous valuation.
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!
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 | 3.0 | 3.0 | 50% |
| Square foot | 2,146 | 1,828 | 62% |
| Lot Size | 18,568 | 32,849 | 33% |
| Price | $1.25M | $1.27M | 48% |
| Price per sq ft | $582 | $735 | 19% |
| Built year | 1981 | 1982 | 46% |
| HOA | $2770.0 | $2.1K | 66% |
| Days on market | 251 | 170 | 79% |
Dec 6, 2025
$1,250,000
$1,399,000
-11% Price Drop
Initial Listing
Aug 14, 2025
$1,399,000
Initial Listing
Feb 14, 2001
$547,500
Public Record