10601 Wilshire Boulevard 1601, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath
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Los Angeles, California 90024
This residence in the prestigious Wilshire House represents a High-Potential Investment Opportunity, listed at $2,399,000—positioned above the $2,109,332 Fair Market Value. While the price reflects a premium, the property offers significant upside for those looking to customize a luxury unit. With a Condition Rating of 4, the unit provides a blank canvas for high-end renovations. Featuring panoramic city and mountain views and proximity to Warner Avenue Elementary (9/10), this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a custom Wilshire Corridor lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10601 Wilshire Boulevard 1601 Subject | $2,399,000* List Price | 2 | 3 | 2,036 | $1,036 | - |
A 10430 Wilshire Boulevard 1903 Sold | $1,950,000 | 2 | 3 | 2,298 | $849 | 0.4 mi |
B 10580 Wilshire Boulevard 11se Sold | $3,010,000 | 3 | 3 | 2,757 | $1,092 | 0.1 mi |
C 10580 Wilshire Boulevard 8sw Sold | $3,112,500 | 3 | 3 | 2,757 | $1,129 | 0.1 mi |
D 10580 Wilshire Boulevard 19nw Sold | $2,790,000 | 3 | 3 | 2,495 | $1,118 | 0.1 mi |
E 10490 Wilshire Boulevard 1204 Sold | $2,658,000 | 3 | 3 | 2,776 | $957 | 0.3 mi |
F 10490 Wilshire Boulevard 1206 Sold | $2,295,000 | 3 | 3 | 2,776 | $827 | 0.3 mi |
G 10724 Wilshire Boulevard 1209 Sold | $2,650,000 | 3 | 4 | 2,826 | $938 | 0.2 mi |
H 10580 Wilshire Boulevard 14 Active | $2,280,000 List Price | 2 | 3 | 2,260 | $1,009 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982 (42 years old) with no mention of recent renovations. The listing description explicitly identifies the unit as an opportunity to 'update' or 'reimagine,' indicating that the kitchen, bathrooms, and systems are likely dated and do not meet modern luxury standards despite the unit being well-maintained and functional.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in the prestigious Wilshire House, this residence offers elite 24-hour valet and concierge services, a fitness center, and a rare tennis court, all within minutes of Beverly Hills and Century City.
Perched on the 16th floor, the unit features sweeping panoramic views of the city skyline and mountains, providing a dramatic backdrop and significant natural light throughout the living spaces.
The monthly association fee of $4,537 is exceptionally high, which may deter buyers sensitive to ongoing ownership expenses and impact the property's long-term investment yield.
The listing highlights the opportunity to 'update and reimagine,' suggesting the 1982 unit requires a substantial additional investment in renovations to achieve a contemporary luxury aesthetic.
Located in the prestigious Wilshire House along the Wilshire Corridor, this 16th-floor residence offers sweeping city and mountain views, generous living spaces, and abundant natural light throughout. Featuring a desirable floor plan and timeless architectural elements, the unit presents an exceptional opportunity for a buyer to update, reimagine, or create a custom luxury residence. Residents enjoy world-class amenities including 24-hour valet and concierge services, a fitness center, tennis court, and elegant entertaining spaces, all moments from Beverly Hills, Westwood, UCLA, and Century City.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 9-12 • 1.9 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,036 | 1,243 |
| Lot Size | 39,487 | 24,016 |
| Price | $2.40M | $805.6K |
| Price per sq ft | $1.2K | $659 |
| Built year | 1982 | 1981 |
| HOA | $4537.0 | $684 |
| Days on market | 23 | 71 |
Jun 29, 2026
$2,399,000
Initial Listing