
Los Angeles, California 90024
This Turnkey Luxury Condominium is a Strong Value Opportunity, listed at $1,570,000—positioned well below the $1,695,518 Fair Market Value by 7%. This valuation gap offers $125,518 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the unit boasts a remodeled kitchen, panoramic views of Holmby Hills, and access to elite schools like Fairburn Avenue Elementary. This is an ideal acquisition for Owner-Occupants seeking a full-service lifestyle or sophisticated investors prioritizing location and immediate move-in readiness.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10551 Wilshire Boulevard 1002 Subject | $1,570,000* List Price | 2 | 3 | 2,393 | $709 | - |
A 10430 Wilshire Boulevard 803 Sold | $1,680,000 | 2 | 3 | 2,298 | $731 | 0.3 mi |
B 10550 Wilshire Boulevard 505 Sold | $1,525,000 | 2 | 3 | 2,146 | $711 | 0.1 mi |
C 10430 Wilshire Boulevard 1903 Sold | $1,950,000 | 2 | 3 | 2,298 | $849 | 0.3 mi |
D 10445 Wilshire Sold | $1,262,500 | 2 | 2 | 1,722 | $733 | 0.3 mi |
E 10520 Wilshire Boulevard 306 Sold | $1,395,000 | 3 | 3 | 2,071 | $674 | 0.1 mi |
F 10475 Ashton Avenue Avenue 301 Sold | $1,180,000 | 2 | 3 | 1,484 | $795 | 0.2 mi |
G 10551 Wilshire Boulevard 902 Pending | $1,638,000 List Price | 2 | 3 | 2,393 | $684 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely within the last 5 years) as evidenced by the modern wide-plank flooring, recessed lighting, and fully remodeled kitchen and bathrooms featuring white shaker cabinets and stone countertops. It is in mint, move-in-ready condition.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Boasting nearly 2,400 square feet, this unit features a large open floor plan with a remodeled kitchen and primary bath, offering a contemporary feel and significant living space for a two-bedroom configuration.
Positioned on the 'back' of the building, the unit provides serene views of Holmby Hills and UCLA, avoiding the heavy traffic noise typical of the Wilshire Corridor while maintaining a prestigious address.
The monthly association fee of $2,575 is substantial, which significantly increases the ongoing cost of ownership and may impact the property's appeal to budget-conscious buyers.
Constructed in 1982, the building may require more frequent maintenance or future capital improvements compared to newer luxury developments along the Corridor.
Beautifully updated 2+ den condo on the Wilshire Corridor in the Wilshire Regency just under 2,400 sf. Located on the "back" of the building with beautiful views of Holmby Hills and UCLA. Large open floor plan with large windows and tons of light, family room/tv room, living room and dining all flow open to each other. The kitchen is remodeled with white cabinets and stone countertops, and newer appliances. Huge primary bedroom with 3 walk-in closets and views of Holmby Hills. The primary bath is remodeled with white cabinets and stone countertops. The second bedroom is ensuite and a great size. Full service building with valet, doormen, parking, storage, pool, gym, and recreation room for entertaining large groups.
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 | 2,393 | 1,721.5 | 75% |
| Lot Size | 26,408 | 34,697.5 | 34% |
| Price | $1.57M | $1.21M | 66% |
| Price per sq ft | $656 | $734 | 31% |
| Built year | 1982 | 1981 | 51% |
| HOA | $2575.0 | $2.0K | 64% |
| Days on market | 9 | 145 | 1% |
May 28, 2026
$1,570,000
Initial Listing
Feb 3, 1995
$402,000
Public Record