10701 Wilshire 1206, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 2 bath
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Los Angeles, California 90024
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $799,000—positioned well below the $850,348 Fair Market Value by 6%. This valuation gap offers $51,348 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with modern kitchen and bath updates, the unit offers 12th-floor City Lights and Mountain Views. Located near Top-Rated Schools like Fairburn Avenue Elementary, this property is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a premium Wilshire Corridor lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10701 Wilshire 1206 Subject | $799,000* List Price | 2 | 2 | 1,492 | $570 | - |
A 10501 Wilshire Boulevard 1701 Sold | $905,000 | 2 | 2 | 1,363 | $664 | 0.3 mi |
B 10787 Wilshire Boulevard 802 Sold | $794,000 | 2 | 2 | 1,459 | $544 | 0.2 mi |
C 10787 Wilshire Boulevard 1102 Sold | $1,000,000 | 3 | 3 | 1,459 | $685 | 0.2 mi |
D 10633 Kinnard 20 Sold | $750,000 | 2 | 2 | 1,304 | $575 | 0.4 mi |
E 10551 Wilshire Boulevard 503 Sold | $925,000 | 2 | 3 | 1,505 | $615 | 0.2 mi |
F 10450 Wilshire Boulevard 3h Sold | $850,000 | 2 | 2 | 1,319 | $644 | 0.4 mi |
G 10445 Wilshire Boulevard 604 Sold | $950,000 | 2 | 2 | 1,649 | $576 | 0.4 mi |
H 10725 Ohio Avenue 204 Sold | $870,000 | 3 | 2 | 1,415 | $615 | 0.3 mi |
I 10701 Wilshire Boulevard 503 Active | $749,999 List Price | 2 | 2 | 1,304 | $575 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1963, the unit has undergone a significant renovation likely within the last 5-15 years. The kitchen features modern white shaker cabinetry and stainless steel appliances, and the bathrooms are updated with contemporary stone countertops, dual vanities, and modern fixtures. The property is well-maintained and move-in ready.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Positioned on the 12th floor, the unit features a large balcony with expansive mountain and city light views, significantly enhancing the living experience and resale value.
The building offers a premium lifestyle with 24-hour security, valet parking, a gym, and a pool, providing the convenience and safety expected on the Wilshire Corridor.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =31459, other record lot size in square feet = 18363.
The association fee of $1,768 per month is substantial, which may deter budget-conscious buyers and impact overall financing qualification.
The property is currently tenant-occupied, which can complicate showing schedules and delay immediate possession for owner-user buyers.
SUPER SHARP 2 BEDROOM, 2-BATH UNIT ON THE 12TH FLOOR - FABULOUS VIEWS - LARGE ENTERTAINER'S LIVING ROOM WITH A LARGE BALCONY WITH MOUNTAIN AND CITY LIGHTS VIEWS - UPDATED KITCHEN WITH STAINLESS STEEL APPLIANCES - 24-HOUR SECURITY - VALET PARKING - POOL, GYM AND RECREATION ROOM - THIS IS A MUST SEE. PROPERTY IS TENANT OCCUPIED.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,492 | 1,243 |
| Lot Size | 31,459 | 24,016 |
| Price | $799.0K | $805.6K |
| Price per sq ft | $536 | $659 |
| Built year | 1963 | 1981 |
| HOA | $1768.0 | $684 |
| Days on market | 40 | 71 |
Jun 12, 2026
$799,000
Initial Listing
Mar 7, 2018
$1,049,000
Public Record
Dec 28, 2012
$745,007
Public Record
Apr 21, 2008
$575,000
Public Record