10724 Wilshire 1501, Los Angeles, California 90024, Los Angeles, 90024 - 4 bed, 6 bath

10724 Wilshire 1501, Los Angeles, California 90024 home-pic-0
ACTIVE$8,450,000$6,618/sqft
10724 Wilshire 1501, Los Angeles, California 90024
4Beds
6Baths
6,618Sqft
50,399Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Top Cons:
Substantial Monthly Association Fee: A high monthly association fee of $2,583.01 adds a significant ongoing cost to ownership, which may be a consideration for potential buyers.

Compared to the nearby listings

Price:$8.45M vs avg $1.21M (+$7,242,500)96%
Size:6,618 sqft vs avg 1,766 sqft99%
Price/sqft:$1.3K vs avg $74790%

More Insights

Built in 1989 (37 years old).
Condition: This penthouse has undergone extensive recent renovations, as highlighted by the 'newly reimagined chef's kitchen' with Miele appliances and Taj Mahal quartzite, and 'wide-plank white oak floors' throughout the main living areas. The images confirm a modern, high-end aesthetic with new light fixtures, sleek cabinetry, and contemporary finishes. While the building was constructed in 1989, the unit itself and the building amenities have received significant updates, bringing the property to current luxury standards. The primary suite features 'dual spa-like baths,' with one showcasing very modern design (image 22) and another (image 20) being luxurious and well-maintained, even if its style might be slightly older. Overall, the property presents as virtually new in its finishes and features, with no deferred maintenance visible.
Year Built
1989
Close
-
List price
$8.45M
Original List price
$8.45M
Price/Sqft
$1,277
HOA
$2,583.01
Days on market
-
Sold On
-
MLS number
26636805
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Ocean, Panoramic
Deck
Pool
Spa
ViewCatalina,City Lights,Ocean,Panoramic

About this home

Perched atop the iconic Park Wilshire, this extraordinary penthouse presents a rare chance to acquire one of Los Angeles' most distinguished high-rise residences. Spanning more than 6,600 square feet, the home exemplifies sophisticated living with sweeping 270-degree vistas from the ocean to the hills, showcased from four expansive terraces. A refined paneled entry opens to grand living and dining rooms, where walls of glass flood the interiors with natural light. Soaring ceilings, generous wall space, and wide-plank white oak floors create a perfect setting for art, entertaining, and everyday elegance. The newly reimagined chef's kitchen is anchored by a striking Taj Mahal quartzite island and outfitted with Miele appliances. The tranquil primary suite encompasses over 1,800 square feet and features dual spa-like baths, two walk-in closets, a private kitchenette, and a lounge that opens directly to a terrace. A separate wing includes a junior suite, a guest bedroom, and an additional room currently used as a home office. The media room offers an inviting space for film and music enjoyment. Recent renovations to Park Wilshire introduce some of the Corridor's most desirable amenities, including a beautifully appointed lobby, library lounges, pool and spa, and a state-of-the-art fitness center. With breathtaking views from sunrise to sunset, this exceptional residence defines elevated, full-service Los Angeles living. Ideally situated just minutes from Beverly Hills, Hillcrest Country Club, LACC, Bel Air Country Club, Westwood Village, and beyond, this is a truly rare offering.

R
Raphael Barragan
Listing Agent

Nearby schools

9/10
Fairburn Avenue Elementary School
Public,K-50.3mi
9/10
Warner Avenue Elementary School
Public,K-50.7mi
7/10
Nora Sterry Elementary School
Public,K-51.3mi
5/10
Brentwood Science School
Public,K-52.3mi
8/10
El Rodeo Elementary School
Public,K-81.3mi
3/10
Daniel Webster Middle School
Public,6-82.1mi
9/10
Beverly Hills High School
Public,9-121.5mi
6/10
University Senior High School Charter
Public,9-121.7mi
6/10
University Senior High School
Public,9-121.7mi
Condition Rating
Excellent

This penthouse has undergone extensive recent renovations, as highlighted by the 'newly reimagined chef's kitchen' with Miele appliances and Taj Mahal quartzite, and 'wide-plank white oak floors' throughout the main living areas. The images confirm a modern, high-end aesthetic with new light fixtures, sleek cabinetry, and contemporary finishes. While the building was constructed in 1989, the unit itself and the building amenities have received significant updates, bringing the property to current luxury standards. The primary suite features 'dual spa-like baths,' with one showcasing very modern design (image 22) and another (image 20) being luxurious and well-maintained, even if its style might be slightly older. Overall, the property presents as virtually new in its finishes and features, with no deferred maintenance visible.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Unparalleled Panoramic Views: The penthouse offers sweeping 270-degree vistas from the ocean to the hills, including Catalina and city lights, showcased from four expansive terraces, providing breathtaking scenery from sunrise to sunset.
Exceptional Size & Luxury: Spanning over 6,600 square feet, this extraordinary penthouse features grand living spaces, soaring ceilings, wide-plank white oak floors, a newly reimagined chef's kitchen with a Taj Mahal quartzite island and Miele appliances, exemplifying sophisticated living.
World-Class Building Amenities: Recent renovations to the iconic Park Wilshire introduce desirable amenities including a beautifully appointed lobby, library lounges, pool and spa, and a state-of-the-art fitness center, defining elevated, full-service Los Angeles living.
Prime & Prestigious Location: Ideally situated just minutes from Beverly Hills, Hillcrest Country Club, LACC, Bel Air Country Club, and Westwood Village, offering unparalleled access to elite Los Angeles destinations.
Luxurious Primary Suite: The tranquil primary suite encompasses over 1,800 square feet, featuring dual spa-like baths, two walk-in closets, a private kitchenette, and a lounge that opens directly to a private terrace.

Cons

Substantial Monthly Association Fee: A high monthly association fee of $2,583.01 adds a significant ongoing cost to ownership, which may be a consideration for potential buyers.
Condominium Lifestyle Limitations: As a condominium, the property entails shared common areas and adherence to HOA rules, which may not appeal to buyers seeking complete autonomy or private land ownership typically associated with single-family luxury homes.
Building Age: Built in 1989, despite extensive recent renovations to both the unit and the building, the underlying structure is over 30 years old, which could raise concerns for some buyers regarding long-term maintenance or potential future assessments for infrastructure updates.
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