10724 Wilshire Boulevard 1001, Los Angeles, California 90024, Los Angeles, 90024 - 2 bed, 3 bath
10724 Wilshire Boulevard 1001
Los Angeles, California 90024
Property Price
SUMMARY
Analysis of 10724 Wilshire Boulevard 1001, Los Angeles, California 90024 is currently available with a list price of $2,026,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1989, this residence is well-maintained but largely reflects its original construction era. The kitchen features dated white tile countertops and older appliances, while the bathrooms and built-ins show significant stylistic aging. The listing description explicitly suggests adding 'personal design touches' to transform the space, confirming that while the unit is functional and clean, it requires modernization to meet current luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Full-Service Luxury Amenities
Located in the prestigious Park Wilshire, residents enjoy 24/7 concierge, valet parking, a fitness center, and earthquake insurance, ensuring a high-end and secure lifestyle.
- Prime South-Facing Views
Situated on the quiet side of the building, this residence offers expansive south-facing vistas of the ocean and city lights, providing a serene and scenic living environment.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $2,583 per month is significant and may be a deterrent for buyers sensitive to high recurring non-mortgage expenses.
- Potential Need for Modernization
The invitation to add 'personal design touches' and the recent price reductions suggest the interior may require additional capital investment to meet modern luxury standards.
About 10724 Wilshire Boulevard 1001
Luxurious 2,444+ square feet with breathtaking views! Welcome to the prestigious Park Wilshire, where refined living and full-service amenities define the experience. This spectacular south-facing residence is ideally situated on the quiet side of the building and showcases stunning ocean and city views. The expansive floor plan features two bedrooms, two and a half bathrooms, and a generous den adjacent to the kitchen perfect for a media room, home office, or additional lounge space where you can relax and enjoy the beautiful southern and ocean vistas. Highlights include hardwood flooring, a spacious primary suite, and an open layout offering exceptional comfort and entertaining potential. Add your personal design touches to transform this impressive residence into the custom condominium of your dreams. Residents of Park Wilshire enjoy a full-service lifestyle with 24/7 concierge and valet parking, a sparkling pool, a large fitness center with new equipment, an elegant party room, lounge, and library. The building also provides earthquake insurance and maintains strong financial reserves for added peace of mind. Ideally located near major freeways, world-renowned shopping, and fine dining, this is luxury living at its finest.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 50,492 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2583.01 / Month
Neighborhood Insights
Los Angeles Unified Schools
Fairburn Avenue Elementary School
Grades K-5 • 0.3 mi
Warner Avenue Elementary School
Grades K-5 • 0.7 mi
Nora Sterry Elementary School
Grades K-5 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,445 | 1,836 | 73% |
| Lot Size | 50,492 | 33,037 | 76% |
| Price | $2.03M | $1.26M | 77% |
| Price per sq ft | $829 | $731 | 75% |
| Built year | 1989 | 1982 | 67% |
| HOA | $2583.01 | $2.1K | 63% |
| Days on market | 259 | 193 | 80% |
Pricing History
Listed for Sale
Jan 16, 2026
$2,026,000
$2,075,000
-2% Price Drop
Initial Listing
Price Change
Dec 1, 2025
$2,075,000
$2,099,999
-1% Price Drop
Initial Listing
Price Change
Oct 19, 2025
$2,099,999
$2,100,000
+0% Price Increase
Initial Listing
Price Change
Aug 12, 2025
$2,100,000
$2,126,000
-1% Price Drop
Initial Listing
Price Change
Aug 5, 2025
$2,126,000
Initial Listing
Price Change
Jun 20, 2025
$2,176,000
Initial Listing
Sold
Dec 31, 2003
$1,097,500
Public Record
Sold
Sep 18, 2002
$555,000
Public Record
Sold
Oct 5, 2001
$950,000
Public Record