10551 Wilshire Boulevard 403, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath
ACTIVE$899,000
10551 Wilshire Boulevard 403, Los Angeles, California 90024
2Beds
3Baths
1,505Sqft
26,408Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Top Cons:
High Monthly Association Fee: The substantial monthly association fee of $2,505 significantly increases the total cost of ownership, which may deter some potential buyers.
Compared to the nearby listings
Price:$899.0K vs avg $1.12M ($-225,160)37%
Size:1,505 sqft vs avg 1,577 sqft47%
Price/sqft:$597 vs avg $72220%
More Insights
Built in 1982 (43 years old).
Condition: The property, built in 1982, is well-maintained and move-in ready, but the kitchen and bathrooms show clear signs of being outdated. The kitchen features white cabinets, what appears to be solid surface countertops (not clearly granite as stated), and black appliances, along with a very dated fluorescent panel light. The bathrooms have white tile countertops and dated strip lighting. While functional, these areas, along with parquet flooring and mirrored walls, suggest renovations that are likely 15-30 years old, or original features that have been maintained but not modernized.
Year Built
1982
Close
-
List price
$899K
Original List price
$925K
Price/Sqft
$597
HOA
$2,505
Days on market
-
Sold On
-
MLS number
25617147
Home ConditionFair
Features
Good View: Pool
Deck
Pool
Spa
ViewPool
About this home
Stunning 2-bed, 2.5-bath unit on the 4th floor of the full-service Regency Wilshire. At 1,505 sq ft, this move-in-ready home features parquet floors, high ceilings, and serene pool views from your private balcony. The open kitchen has granite counters and stainless appliances. Living room with fireplace, dining area with wet bar and built-ins. In-unit laundry, powder room, and side-by-side washer/dryer.The Regency Wilshire offers 24-hour valet/doorman, secured lobby, pool, spa, fitness center, and guest parking. Impeccably maintained and professionally managed. Steps from Westwood Village, Century City, UCLA, and everything the Corridor has to 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•2.5mi
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•1.3mi
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
03/25/05
Sold
$650,000
Condition Rating
Fair
The property, built in 1982, is well-maintained and move-in ready, but the kitchen and bathrooms show clear signs of being outdated. The kitchen features white cabinets, what appears to be solid surface countertops (not clearly granite as stated), and black appliances, along with a very dated fluorescent panel light. The bathrooms have white tile countertops and dated strip lighting. While functional, these areas, along with parquet flooring and mirrored walls, suggest renovations that are likely 15-30 years old, or original features that have been maintained but not modernized.
Pros & Cons
Pros
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Location: The property boasts an exceptional location, steps away from Westwood Village, Century City, and UCLA, offering unparalleled access to dining, entertainment, and educational institutions.
Luxury Full-Service Building: Residing in the Regency Wilshire, the unit benefits from 24-hour valet/doorman service, a secured lobby, pool, spa, fitness center, and guest parking, providing a high-end, convenient lifestyle.
Move-in Ready Condition: The unit is described as 'move-in-ready' with an open kitchen featuring granite counters and stainless appliances, in-unit laundry, and high ceilings, minimizing immediate buyer investment.
Desirable Interior Features: Enhanced by a living room fireplace, a dining area with a wet bar and built-ins, and a convenient powder room, these features add significant appeal and functionality to the living space.
Private Balcony with Views: A private balcony offering serene pool views provides a pleasant outdoor extension and a tranquil setting for relaxation.
Cons
High Monthly Association Fee: The substantial monthly association fee of $2,505 significantly increases the total cost of ownership, which may deter some potential buyers.
Building Age: Built in 1982, the building is over 40 years old. While well-maintained, older constructions can sometimes incur higher future maintenance costs or special assessments for capital improvements.
Recent Price Reduction: The property has undergone a recent price reduction from $925,000 to $899,000, which could suggest a slower market response or that the initial listing price was perceived as too high.