10724 Wilshire Boulevard 1607, Los Angeles, California 90024, Los Angeles, 90024 - 4 bed, 4 bath
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Los Angeles, California 90024
This Stunning Celebrity-Caliber Penthouse is a Strong Value Opportunity, listed at $5,000,000—positioned well below the $5,587,754 Fair Market Value by 10%. This valuation gap offers $587,754 in Instant Equity. Featuring a Mint Condition Rating with modern renovations, the unit boasts Panoramic Ocean and City Views, a Full-Service Concierge, and access to Top-Rated Schools like Fairburn Avenue Elementary. This is an ideal acquisition for High-Profile Residents or Luxury Owner-Occupants seeking a secure, turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10724 Wilshire Boulevard 1607 Subject | $5,000,000* List Price | 4 | 4 | 3,810 | $1,467 | - |
A 10580 Wilshire Boulevard 91 Sold | $4,000,000 | 3 | 4 | 3,245 | $1,233 | 0.2 mi |
B 10727 Wilshire Boulevard 1802 Sold | $5,000,000 | 3 | 4 | 3,264 | $1,532 | 0.1 mi |
C 10776 Wilshire Boulevard 1904 Sold | $5,300,000 | 3 | 4 | 3,535 | $1,499 | 0.1 mi |
D 10776 Wilshire Boulevard 1802 Sold | $5,295,000 | 3 | 5 | 3,535 | $1,498 | 0.1 mi |
E 10727 Wilshire Boulevard 1805 Active | $5,500,000 List Price | 3 | 4 | 3,238 | $1,699 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1989, the property has undergone a high-end, modern renovation within the last 5 years. It features mint-condition finishes including contemporary light wood flooring, updated recessed lighting, smooth tray ceilings, and pristine modern built-ins, requiring no maintenance.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
This celebrity-caliber penthouse features wrap-around windows and multiple private balconies offering breathtaking, unobstructed views of the Pacific Ocean, Catalina Island, and the Los Angeles city skyline.
The Park Wilshire provides 24/7 white-glove service, including valet, concierge, and high-level security, alongside premier facilities like a state-of-the-art fitness center and a resort-style pool.
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 $3,707.17 is significant, representing a substantial recurring expense that may impact the overall value proposition for some buyers.
Built in 1989, the unit and building systems may require modernization or face competition from the newer ultra-luxury high-rise developments recently completed along the Corridor.
Stunning penthouse located in one of the most sophisticated full-service properties on the Wilshire Corridor. Fantastic views of the Ocean, Catalina Island, and city. Besides the gorgeous wrap-around window lines and high ceilings, there are two large corner patios and a primary suite balcony. Even the views from the kitchen are stunning. Entertainers will delight in the prospect of gathering friends and family in a dramatic setting. Premier amenities include an outdoor pool and spa, a large state-of-the-art fitness center, residents' lounge, and banquet room. This building is ideal for high-profile residents and those seeking discretion and peace of mind. The Park Wilshire property is renowned for its exceptional security and privacy with 24-hour concierge, valet, and on-site security. Two assigned side-by-side parking spaces are included with this unit. The Wilshire Corridor is in the village of Westwood Los Angeles adjacent to Beverly Hills, Century City and the vibrant arts, culture, dining, and entertainment of the Westside. World class Santa Monica, Malibu, and Venice beaches are only minutes away.
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 | 4.0 | 2.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,810 | 1,243 |
| Lot Size | 50,492 | 24,016 |
| Price | $5.00M | $805.6K |
| Price per sq ft | $1.3K | $659 |
| Built year | 1989 | 1981 |
| HOA | $3707.17 | $684 |
| Days on market | 45 | 71 |
Jun 8, 2026
$5,000,000
Initial Listing
Nov 20, 2008
$3,750,000
Public Record
Dec 30, 1999
$1,795,000
Public Record