10580 Wilshire Boulevard 16, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath
10580 Wilshire Boulevard 16
Los Angeles, California 90024
Property Price
SUMMARY
Analysis of 10580 Wilshire Boulevard 16, Los Angeles, California 90024 is currently available with a list price of $2,499,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1991, this unit is explicitly marketed as an 'opportunity to customize and remodel,' indicating it is not move-in ready with modern finishes. The kitchen features dated light wood cabinets, granite countertops, and white appliances, suggesting it's largely original or from an older renovation. The bedrooms have worn, dated blue/grey carpeting. While the main living areas have clean white tile, the overall aesthetic and key components like the kitchen and flooring show signs of being outdated and require significant updates to meet contemporary standards, aligning with the 'fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Full-Service Luxury Building & Amenities
The property is located in a definitive full-service building offering extensive luxury amenities including 24/7 security, valet parking, doorman, on-site manager, fitness center, pool, banquet/meeting rooms, and private wine lockers.
- Prime Location & Proximity
Situated in the prestigious Wilshire Corridor, the unit is blocks away from Comstock Park, cultural institutions like the Hammer Museum, UCLA Medical Center, LA Country Club, and high-rated schools, offering unparalleled convenience and lifestyle.
CONSRISKS & DEFICIENCIES
- Requires Customization/Remodel
The unit is explicitly marketed as 'ready for you to customize' and an 'opportunity to customize and remodel,' indicating it is not move-in ready with modern finishes and will require significant investment for updates.
- Very High Association Fees
The monthly association fee of $4,503.19 is exceptionally high, representing a substantial ongoing cost for the owner.
- Potential for Outdated Interiors
Given the 1991 build year and the need for customization, the existing interior finishes and systems may be outdated, necessitating a comprehensive renovation to meet contemporary luxury standards.
About 10580 Wilshire Boulevard 16
The definitive full service building in the Wilshire Corridor. This (2) bedroom (3) bath unit in The Wilshire is ready for you to customize! This unit is spacious 2,260 S/F and offers a (2) bedroom (3) bath with a large walk-in closet in the primary bedroom. This property faces Northwest and gets excellent natural light. This is an exceptional unique opportunity to customize and remodel while enjoying an already thoughtful floorplan. The Wilshire offers a secure controlled-access Elevator opening directly into the Private Foyer. Balconies offer "Dramatic" wrap-around views of Century City, Hollywood Hills & Griffith Observatory and are all on the preferred side of this building facing south, away from the Wilshire Blvd orientation. Security, Valet parking, doorman, and front-desk for guest/visitor registration; day-time on-site building manager, well-appointed Banquet/Meeting Rooms, Fitness Center, Pool, and extra storage, including separate 36 bottle Wine Lockers. Just blocks from the ever-green Comstock Park, Hammer Museum, Geffen Playhouse, UCLA Medical Center, LA Country Club, dining & shopping. East coast sophistication meets a modernized west coast luxury lifestyle.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1991
- Lot Size
- 46,090 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $4503.19 / Month
Neighborhood Insights
Los Angeles Unified Schools
Fairburn Avenue Elementary School
Grades K-5 • 0.2 mi
Warner Avenue Elementary School
Grades K-5 • 0.6 mi
Nora Sterry Elementary School
Grades K-5 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,260 | 1,836 | 68% |
| Lot Size | 46,090 | 33,037 | 76% |
| Price | $2.50M | $1.26M | 85% |
| Price per sq ft | $1.1K | $731 | 94% |
| Built year | 1991 | 1982 | 90% |
| HOA | $4503.19 | $2.1K | 96% |
| Days on market | 45 | 191 | 3% |
Pricing History
Listed for Sale
Jan 20, 2026
$2,499,000
Initial Listing