10724 Wilshire Boulevard 1001, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath
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Los Angeles, California 90024
This High-Potential Investment Opportunity is listed at $2,200,000, positioned slightly above the $2,088,859 Fair Market Value. While requiring cosmetic updates to its Condition Rating 4 interior, the residence offers significant upside through modernization. Located in the prestigious Park Wilshire, the unit features breathtaking ocean and city views, a 2,444 sqft floor plan, and access to top-rated schools like Fairburn Avenue Elementary. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to customize a luxury high-rise residence in a prime Los Angeles location.
Luxury 2-bed condo at Park Wilshire, Los Angeles. Features panoramic ocean views, 2,444 sqft, and top-rated schools. Prime renovation opportunity in 90024.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10724 Wilshire Boulevard 1001 Subject | $2,165,000* List Price | 2 | 3 | 2,445 | $828 | - |
A 10580 Wilshire Boulevard 45 Sold | $2,100,000 | 3 | 4 | 2,765 | $759 | 0.2 mi |
B 10580 Wilshire Boulevard 17ne Sold | $2,210,000 | 3 | 4 | 2,765 | $799 | 0.2 mi |
C 10490 Wilshire Boulevard 1204 Sold | $2,658,000 | 3 | 3 | 2,776 | $957 | 0.4 mi |
D 10580 Wilshire Boulevard 19nw Sold | $2,790,000 | 3 | 3 | 2,495 | $1,118 | 0.2 mi |
E 10490 Wilshire Boulevard 1206 Sold | $2,295,000 | 3 | 3 | 2,776 | $827 | 0.4 mi |
F 10560 Wilshire Boulevard 1703 Sold | $1,668,500 | 2 | 3 | 1,935 | $862 | 0.3 mi |
G 10790 Wilshire Boulevard 1603 Sold | $2,100,000 | 2 | 3 | 2,790 | $753 | 0.2 mi |
H 10750 Wilshire Boulevard 1503 Sold | $2,149,200 | 3 | 4 | 2,699 | $796 | 0.1 mi |
I 10724 Wilshire Boulevard 1106 Pending | $1,749,500 List Price | 3 | 4 | 2,765 | $633 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1989 (35 years old) and the kitchen remains in a very dated condition with original cabinetry, fluorescent light boxes, and older appliances. While the living areas feature hardwood floors and the building amenities are updated, the unit itself requires significant cosmetic modernization and updates to the kitchen and likely the bathrooms to meet current luxury standards.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Located in the prestigious Park Wilshire, residents enjoy 24/7 concierge, valet parking, a modern fitness center, and the security of earthquake insurance and strong financial reserves.
This south-facing residence is situated on the quiet side of the building, offering breathtaking, unobstructed views of the ocean and city lights from a highly desirable Wilshire Corridor address.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =50492, other record lot size in square feet = 50399.
The monthly association fee of $2,815.48 is significant, which may be a deterrent for buyers sensitive to high recurring ownership expenses.
The property is marketed as needing 'personal design touches,' suggesting that the 1989 interior may require a substantial additional investment to meet modern luxury standards.
A Rare Opportunity at the Prestigious Park Wilshire! Spanning over 2,444 square feet with breathtaking views, this spectacular south-facing residence offers a rare combination of space, light, and location within one of the Wilshire Corridor's premier full-service buildings. Positioned on the quiet side of the building, the home is bathed in natural light and showcases stunning ocean and city views from nearly every room. The expansive floor plan includes two bedrooms, two and a half bathrooms, and a generous den adjacent to the kitchen a flexible space ideally suited for a media room, home office, or additional lounge where southern and ocean vistas can be enjoyed year-round. Hardwood flooring, a spacious primary suite, and an open, light-filled layout combine to create a residence built for both everyday comfort and effortless entertaining. With its strong bones and timeless proportions, this is a rare canvas for a new owner to bring their own design vision to life. Residents of Park Wilshire enjoy an elevated, full-service lifestyle: 24/7 concierge and valet parking, a sparkling pool, a newly equipped fitness center, and an elegant party room, lounge, and library. The building also carries earthquake insurance and maintains strong financial reserves, offering residents added peace of mind and long-term value. Ideally located near major freeways, world-class shopping, and acclaimed dining, this is luxury high-rise living at its finest.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,445 | 1,243 |
| Lot Size | 50,492 | 24,016 |
| Price | $2.17M | $805.6K |
| Price per sq ft | $885 | $659 |
| Built year | 1989 | 1981 |
| HOA | $2815.48 | $684 |
| Days on market | 20 | 71 |
Jul 14, 2026
$2,165,000
$2,200,000
-2% Price Drop
Initial Listing
Jul 2, 2026
$2,200,000
Initial Listing
Dec 31, 2003
$1,097,500
Public Record
Sep 18, 2002
$555,000
Public Record
Oct 5, 2001
$950,000
Public Record