1100 Wilshire Boulevard 1812, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath
ACTIVE$490,000
1100 Wilshire Boulevard 1812, Los Angeles, California 90017
1Bed
1Bath
710Sqft
27,106Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Spectacular City Views: The condominium offers spectacular city views, including the Staples Center (now Crypto.com Arena), city lights, and landmark views from its elevated position.
Top Cons:
High Monthly Association Fee: The association fee of $1227.98 per month is substantial and adds a significant recurring cost to homeownership.
Compared to the nearby listings
Price:$490.0K vs avg $530.0K ($-40,000)41%
Size:710 sqft vs avg 827 sqft34%
Price/sqft:$690 vs avg $62262%
More Insights
Built in 1986 (39 years old).
Condition: The property, built in 1986, features significant upgrades including a kitchen with European-style cabinetry, granite countertops, and stainless steel appliances, along with bamboo flooring throughout. These renovations appear contemporary and well-maintained, suggesting they were completed within the last 5-15 years. The bathroom is also updated and clean. While not a brand-new build or a full renovation within the last five years, the unit is move-in ready with no immediate renovation required, and major components appear functional and well-kept, aligning with a 'Good' condition score.
Year Built
1986
Close
-
List price
$490K
Original List price
$519K
Price/Sqft
$690
HOA
$1,227.98
Days on market
-
Sold On
-
MLS number
PW24220744
Home ConditionGood
Features
Excellent View: City Lights, Landmark, Pool
Deck
Pool
Spa
ViewCity Lights,Landmark,Pool
About this home
This is Luxurious condominium which is bright and sophisticated with spectacular city views of the Staples Center in Downtown Los Angeles. The unit #1812 has high ceilings, bamboo floors, and the kitchen is upgraded with European style cabinetry, granite counter tops, and stainless steel appliances. This building has it all! Amenities include a 17th-floor luxurious pool,sun deck,spa,fire pit,, screening room, BBQ grille, resort-style cabanas, 24-hour front desk/security, fitness center, business center and media room. Building allows 2 domestic pets per unit and requires rentals to be a minimum of 30 days.
Price History
Date
Event
Price
06/13/19
Sold
$515,000
08/10/11
Sold
$329,000
12/27/06
Sold
$386,500
Condition Rating
Good
The property, built in 1986, features significant upgrades including a kitchen with European-style cabinetry, granite countertops, and stainless steel appliances, along with bamboo flooring throughout. These renovations appear contemporary and well-maintained, suggesting they were completed within the last 5-15 years. The bathroom is also updated and clean. While not a brand-new build or a full renovation within the last five years, the unit is move-in ready with no immediate renovation required, and major components appear functional and well-kept, aligning with a 'Good' condition score.
Pros & Cons
Pros
Spectacular City Views: The condominium offers spectacular city views, including the Staples Center (now Crypto.com Arena), city lights, and landmark views from its elevated position.
Extensive Luxury Amenities: The building boasts a wide array of high-end amenities, including a 17th-floor pool, sun deck, spa, fire pit, screening room, BBQ grille, resort-style cabanas, 24-hour security, fitness center, business center, and media room.
Upgraded Interior Finishes: The unit features high ceilings, bamboo floors, and an upgraded kitchen with European style cabinetry, granite countertops, and stainless steel appliances, providing a modern and sophisticated living space.
Pet-Friendly Policy: The building allows up to two domestic pets per unit, which is a significant advantage for pet owners seeking condominium living.
Prime Downtown LA Location: Situated on Wilshire Boulevard in Downtown Los Angeles, the property offers convenient access to urban attractions, entertainment, and business centers.
Cons
High Monthly Association Fee: The association fee of $1227.98 per month is substantial and adds a significant recurring cost to homeownership.
Compact Unit Size: With 710 square feet for a 1 bed/1 bath unit, the living space may be considered compact for some buyers, potentially limiting its appeal.
Negative Price Trajectory: The current list price of $490,000 is lower than its 2019 sale price of $515,000 and the original list price of $519,000, which may indicate a lack of appreciation or a market adjustment.