10601 Wilshire Boulevard 1601, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath
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10601 Wilshire Boulevard 1601
Los Angeles, California 90024
ACTIVE
CONDITION: POOR
2Beds
3Baths
2,036Sq Ft
39,487Lot Size
Property Price
LIST PRICE$2,199,000
EST. MARKET VALUE
$1,829,862
20% AboveMARKET VALUE
SUMMARY
This residence at the Wilshire House represents a High-Potential Investment Opportunity, listed at $2,199,000—positioned well above the $1,829,862 Fair Market Value by -20%. While the price reflects a premium, the Condition Rating of 5 confirms the unit is a blank canvas for a luxury renovation. Featuring panoramic city and mountain views and proximity to Warner Avenue Elementary (9/10), this property offers significant upside for Value-Add Investors or Owner-Occupants seeking to customize a high-floor residence in a prestigious corridor.
Estimated Market Value
$1,829,862
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10601 Wilshire Boulevard 1601 Subject | $2,199,000* List Price | 2 | 3 | 2,036 | $899 | - |
A 10560 Wilshire Boulevard 1703 Sold | $1,668,500 | 2 | 3 | 1,935 | $862 | 0.1 mi |
B 10580 Wilshire Boulevard 45 Sold | $2,100,000 | 3 | 4 | 2,765 | $759 | 0.1 mi |
C 10580 Wilshire Boulevard 17ne Sold | $2,210,000 | 3 | 4 | 2,765 | $799 | 0.1 mi |
D 10490 Wilshire Boulevard 1204 Sold | $2,658,000 | 3 | 3 | 2,776 | $957 | 0.3 mi |
E 10580 Wilshire Boulevard 6nw Active | $2,499,000 List Price | 2 | 3 | 2,260 | $1,106 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property is 42 years old (built 1982) with no mentioned renovations. The listing description explicitly identifies an opportunity to 'update' or 'reimagine' the unit to create a custom residence, which, combined with the age, indicates that the kitchen, baths, and systems are likely original and require a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Prime Location & Amenities
Situated in the prestigious Wilshire House on the Wilshire Corridor, the property offers world-class amenities including 24-hour concierge, valet, and a tennis court, all within minutes of Beverly Hills and Century City.
- Panoramic Views
Located on the 16th floor, this residence provides expansive, unobstructed views of the city skyline and mountains, complemented by abundant natural light throughout the living spaces.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The monthly association fee of $4,537 is exceptionally high, which may deter some buyers and significantly increases the ongoing cost of ownership.
- Needs Modernization
Marketed as an opportunity to 'reimagine' or 'update,' the unit likely requires a substantial additional capital investment to bring its 1982 finishes up to modern luxury standards.
About 10601 Wilshire Boulevard 1601
Exceptional value at the prestigious Wilshire House. Located 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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 39,487 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $4537.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Warner Avenue Elementary School
Grades K-5 • 0.6 mi
9/10
University Senior High School Charter
Grades 9-12 • 1.9 mi
6/10
University Senior High School
Grades 9-12 • 1.9 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,036 | 1,219.385 |
| Lot Size | 39,487 | 27,236.074 |
| Price | $2.20M | $800.2K |
| Price per sq ft | $1.1K | $650 |
| Built year | 1982 | 1979 |
| HOA | $4537.0 | $685 |
| Days on market | 72 | 72 |
Pricing History
Listed for Sale
Jul 24, 2026
$2,199,000
$2,399,000
-8% Price Drop
Initial Listing
Price Change
Jun 29, 2026
$2,399,000
Initial Listing