10560 Wilshire Boulevard 205, Los Angeles, California 90024, Los Angeles, 90024 - bed, 1 bath
ACTIVE$299,000
10560 Wilshire Boulevard 205, Los Angeles, California 90024
0Bed
1Bath
355Sqft
41,107Lot
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:
Highly Restricted Buyer Pool: The property can only be purchased by an existing owner in the building or in conjunction with another unit, severely limiting marketability and potential resale value.
Compared to the nearby listings
Price:$299.0K vs avg $1.12M ($-825,160)1%
Size:355 sqft vs avg 1,577 sqft1%
Price/sqft:$842 vs avg $72472%
More Insights
Built in 1982 (43 years old).
Condition: Built in 1982, this studio unit is functional and appears well-maintained, but the kitchenette is very basic and dated with older appliances. The bathroom features an outdated vanity, light fixture, and overall style. While the tile flooring is clean, it does not reflect a recent modern renovation. The property is aged but maintained, requiring significant cosmetic updates to the kitchen and bathroom to meet current quality standards.
Year Built
1982
Close
-
List price
$299K
Original List price
$299K
Price/Sqft
$842
HOA
$459.16
Days on market
-
Sold On
-
MLS number
25618807
Home ConditionFair
Features
Pool
View-
About this home
MUST BE PURCHASED BY AN EXISTING OWNER IN THE BUILDING OR WITH THE PURCHASE OF ANOTHER UNIT IN THE BUILDING. Charming studio-style residence featuring a kitchenette and full bath, ideal for use as a guest suite, office, or staff quarters. Located in one of the Wilshire Corridor's premier full-service buildings with 24-hour doorman, valet, pool, fitness center, and social room. A rare opportunity for added space and flexibility within this prestigious address.
Nearby schools
9/10
Fairburn Avenue Elementary School
Public,•K-5•0.2mi
9/10
Warner Avenue Elementary School
Public,•K-5•0.6mi
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•2.2mi
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
Condition Rating
Fair
Built in 1982, this studio unit is functional and appears well-maintained, but the kitchenette is very basic and dated with older appliances. The bathroom features an outdated vanity, light fixture, and overall style. While the tile flooring is clean, it does not reflect a recent modern renovation. The property is aged but maintained, requiring significant cosmetic updates to the kitchen and bathroom to meet current quality standards.
Pros & Cons
Pros
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prestigious Location: Situated in one of the Wilshire Corridor's premier full-service buildings, offering an exclusive and highly desirable Los Angeles address.
Luxury Building Amenities: Residents benefit from extensive amenities including a 24-hour doorman, valet service, pool, fitness center, and social room, enhancing lifestyle and convenience.
Versatile Use Case: The studio-style residence is ideal for flexible uses such as a guest suite, private office, or staff quarters, providing added utility for an existing owner.
Access to Top-Rated Schools: The property is located near several highly-rated public schools, including Fairburn Avenue Elementary and Beverly Hills High School, which is attractive for families.
Relatively Accessible Price Point: At $299,000, this unit offers a comparatively lower entry price for a property within a prestigious Wilshire Corridor building, albeit with specific purchase restrictions.
Cons
Highly Restricted Buyer Pool: The property can only be purchased by an existing owner in the building or in conjunction with another unit, severely limiting marketability and potential resale value.
Extremely Small Square Footage: With only 355 square feet, the unit is very compact, which may not appeal to buyers seeking a primary residence or more spacious living arrangements.
High Association Fees for Size: The monthly association fee of $459.16 is substantial for a 355 sqft studio, representing a significant ongoing cost relative to the unit's size.