
Los Angeles, California 90024
This Sophisticated Two-Story Condominium is a Strong Value Opportunity, listed at $1,299,900—positioned well below the $1,449,676 Fair Market Value by 10%. This valuation gap provides $149,776 in Instant Equity. Boasting a High-End Condition Rating following a designer renovation, the residence features Carrara marble, Miele appliances, and a dramatic spiral staircase with city views. Located within the elite Fairburn Avenue Elementary and Beverly Hills High districts, it offers unparalleled lifestyle perks. This is an exceptional acquisition for discerning professionals or Owner-Occupants seeking Wilshire Corridor luxury with immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10550 Wilshire Boulevard 502 Subject | $1,299,900* List Price | 2 | 3 | 2,146 | $676 | - |
A 10531 Ashton Avenue 201 Sold | $970,000 | 2 | 3 | 1,465 | $662 | 0.0 mi |
B 10590 Wilshire Boulevard 1502 Sold | $1,630,000 | 2 | 3 | 2,160 | $755 | 0.1 mi |
C 10445 Wilshire Sold | $1,262,500 | 2 | 2 | 1,722 | $733 | 0.2 mi |
D 10560 Wilshire Boulevard 406 Sold | $1,260,000 | 2 | 3 | 1,828 | $689 | 0.0 mi |
E 10721 Ohio Avenue Sold | $1,625,000 | 3 | 3 | 2,223 | $731 | 0.4 mi |
F 1519 Westholme Avenue Sold | $1,099,000 | 2 | 3 | 1,902 | $578 | 0.4 mi |
G 10520 Wilshire Boulevard 306 Active | $1,425,000 List Price | 3 | 3 | 2,071 | $688 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1981, the interior has undergone an extensive high-end renovation within the last 5 years. The property features a gourmet kitchen with premium Miele appliances and Carrara marble, modern porcelain tile and plush carpet flooring, and fully updated spa-like bathrooms. The contemporary fixtures and architectural glass elements indicate a property in like-new condition with no deferred maintenance.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
This rare two-story residence features a dramatic spiral staircase and floor-to-ceiling glass walls, offering a unique 'New York loft' aesthetic that stands out on the Wilshire Corridor.
The home is meticulously updated with high-end materials, including Carrara marble countertops, Miele appliances, and sleek porcelain tile flooring throughout the main level.
The monthly association fee of approximately $2,777 is substantial and may impact the overall affordability and pool of potential buyers.
Constructed in 1981, the building may lack some of the ultra-modern amenities or infrastructure found in the newer luxury high-rises along Wilshire Boulevard.
Welcome to The Wilshire Thayer, where refined luxury meets architectural distinction. This northwest-facing corner residence commands sweeping street and city views and offers an exceptional two-story layout encompassing approximately 2,146 square feet, with 2 bedrooms and 2.5 bathrooms. A formal entry introduces an expansive open-concept living and dining area, thoughtfully designed for both grand entertaining and everyday comfort. A contemporary fireplace anchors the space, while floor-to-ceiling glass walls frame the cityscape and open to a private balcony, seamlessly blending indoor and outdoor living. The gourmet kitchen is impeccably appointed with Carrara marble countertops, custom cabinetry, a generous breakfast bar, and premium Miele appliances. A well-proportioned den and an elegantly designed powder room complete the main level, which is unified by sleek porcelain tile flooring throughout. A dramatic spiral staircase leads to the upper level, where the primary suite serves as a tranquil retreat. This spacious sanctuary features its own fireplace, serene views, a walk-in closet with built-in safe, and custom cabinetry for ample storage. The spa-inspired primary bath offers a soaking tub, separate glass-enclosed shower, dual vanities, and a thoughtfully integrated dry bar with refrigerator. The junior suite enjoys a private full bath and overlooks the living area below through striking New York loft-style glass, creating a bold architectural statement. Plush carpeting, a discreet laundry closet, and a secondary private entrance enhance the comfort and functionality of the upper level. Ideally situated just moments from Beverly Hills, Century City, Westwood Village, UCLA, and nearby places of worship, this distinguished residence offers a rare combination of sophisticated design, premier location, and effortless convenience.
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 | 1,828.5 | 61% |
| Lot Size | 18,568 | 33,037 | 33% |
| Price | $1.30M | $1.29M | 50% |
| Price per sq ft | $606 | $735 | 22% |
| Built year | 1981 | 1982 | 45% |
| HOA | $2777.48 | $2.2K | 66% |
| Days on market | 48 | 172 | 6% |
Mar 5, 2026
$1,299,900
Initial Listing
May 4, 2023
$895,000
Public Record
Feb 6, 2015
$895,000
Public Record