10747 Wilshire 505, Los Angeles, California 90024, Los Angeles, 90024 - 1 bed, 2 bath
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Los Angeles, California 90024
This Wilshire Corridor condo presents a High-Potential Investment Opportunity, listed at $599,000—positioned well above the $533,263 Fair Market Value by 12%. While the unit features a 4/10 Condition Rating with dated bathrooms, its prime location offers high rental demand near UCLA. The open floor plan, granite kitchen, and dual balconies with City Lights views provide a solid foundation for modernization. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to add value through strategic cosmetic renovations in a prestigious high-rise.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10747 Wilshire 505 Subject | $575,000* List Price | 1 | 2 | 860 | $600 | - |
A 10535 Wilshire Blvd 1002 Sold | $620,000 | 2 | 2 | 1,073 | $578 | 0.3 mi |
B 10687 Wilkins Avenue 1 Sold | $650,000 | 2 | 2 | 972 | $669 | 0.3 mi |
C 969 Hilgard Avenue 1002 Sold | $585,000 | 2 | 1 | 958 | $611 | 0.3 mi |
D 10535 Wilshire Boulevard 701 Sold | $685,000 | 2 | 2 | 1,071 | $640 | 0.3 mi |
E 10535 Wilshire Boulevard 1701 Sold | $700,000 | 2 | 2 | 1,088 | $643 | 0.3 mi |
F 10747 Wilshire Boulevard 1305 Active | $499,999 List Price | 1 | 2 | 860 | $581 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the unit features a kitchen renovation with granite and stainless steel that appears to be 15-20 years old. However, the bathroom remains dated with older tile countertops and fixtures, and the overall aesthetic requires modernization to meet current market standards for the Wilshire corridor.
Situated in the prestigious Wilshire Corridor, the property offers exceptional walkability to UCLA, Westwood Village, and major cultural institutions like the Hammer Museum.
Residents benefit from high-tier security and service, including a 24-hour doorman and secure gated parking, which are highly valued in the Los Angeles luxury market.
The unit features a desirable open floor plan with modern granite countertops and dual balconies that provide relaxing outdoor space and city light views.
The association fee of $995 per month is substantial for a one-bedroom unit and may impact the debt-to-income ratio for potential buyers.
Built in 1972, the property may lack the modern energy efficiencies and updated common area aesthetics found in newer luxury developments along the corridor.
Spacious- 1 bedroom, 2-bathroom condo unit located in the prestigious Wilshire Blvd. corridor, this high-rise building features a 24-hour doorman, secure gated parking. Just a short walk to UCLA Campus, The Geffen Playhouse, Hammer Museum, and the Westwood Village. This light-filled unit features an open floor plan with a large kitchen, granite countertops, stainless steel appliances, and a nice balcony. The bedroom offers generous closet space and a relaxing atmosphere with its own outdoor balcony.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 11% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 860 | 1,719 | 8% |
| Lot Size | 17,864 | 34,697.5 | 24% |
| Price | $575.0K | $1.21M | 7% |
| Price per sq ft | $669 | $739 | 34% |
| Built year | 1972 | 1981 | 26% |
| HOA | $995.0 | $2.1K | 32% |
| Days on market | 22 | 155 | 1% |
Jun 4, 2026
$575,000
$599,000
-4% Price Drop
Initial Listing
May 25, 2026
$599,000
Initial Listing
Aug 22, 2016
$520,000
Public Record