1234 Wilshire Boulevard 531, Los Angeles, California 90017, Los Angeles, 90017 - 2 bed, 2 bath
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Los Angeles, California 90017
This Urban Condominium is a Strong Value Opportunity, listed at $499,000—positioned well below the $508,252 Fair Market Value by 1.8%. This valuation gap offers $9,252 in Instant Equity for the buyer. Featuring a Good Condition Rating, this residence offers a modern, open-concept layout with panoramic city skyline views, a pool, and spa. Its prime DTLA location provides unmatched access to entertainment and transit. This property is an ideal acquisition for Owner-Occupants seeking a vibrant lifestyle or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1234 Wilshire Boulevard 531 Subject | $499,000* List Price | 2 | 2 | 960 | $529 | - |
A 1234 Wilshire Boulevard 207 Sold | $530,000 | 2 | 2 | 1,280 | $414 | 0.0 mi |
B 1234 Wilshire Boulevard 433 Sold | $350,000 | 1 | 1 | 700 | $500 | 0.0 mi |
C 801 S Grand Avenue 1306 Sold | $638,000 | 2 | 2 | 1,200 | $532 | 0.6 mi |
D 889 Francisco Street 2611 Sold | $550,000 | 1 | 2 | 890 | $618 | 0.4 mi |
E 655 S Hope Street 607 Sold | $460,000 | 2 | 2 | 850 | $541 | 0.6 mi |
F 1234 Wilshire Boulevard 421 Active | $515,000 List Price | 1 | 2 | 1,130 | $456 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is approximately 18-20 years old, placing it squarely in the 'Good' category. The unit is well-maintained and move-in ready, featuring functional modern bathrooms with vessel sinks and essential systems like central HVAC and in-unit laundry.
Situated in the heart of Downtown Los Angeles near LA Live and the Financial District, this property offers exceptional walkability to world-class dining, entertainment, and major transit hubs.
Residents enjoy a full suite of amenities including a sparkling pool, spa, and fitness center, providing a luxury lifestyle experience within a secure, controlled-access building.
The unit is well-equipped for modern living with an open-concept layout, in-unit washer/dryer, central climate control, and a private balcony featuring city views and extra storage.
The monthly HOA fee of $986.29 is substantial for a sub-1,000 square foot unit, which may impact overall affordability and deter fee-sensitive buyers.
At 960 square feet for a two-bedroom, two-bathroom configuration, the interior dimensions are relatively tight, potentially limiting appeal for those seeking more expansive rooms.
Welcome to Unit 531 at Vero, a beautifully maintained 2-bedroom, 2-bath residence in the heart of Downtown Los Angeles. This light-filled home offers an open-concept layout with approximately 960 square feet of living space, complemented by stunning city views that come alive at night. The spacious living and dining areas flow seamlessly to a private balcony, creating the perfect space to relax or entertain. The thoughtfully designed floor plan includes an in-unit washer and dryer, central air and heat, and ample storage, including a dedicated balcony storage room. Residents of Vero enjoy resort-style amenities, including a sparkling pool and spa, fitness center, controlled access, elevator service, and beautifully maintained common areas. Ideally located near LA Live, Crypto.com Arena, the Financial District, Koreatown, and some of the city's best dining, shopping, and entertainment, this home also offers convenient access to major freeways, making commuting throughout Los Angeles effortless. Whether you're looking for a primary residence or an urban retreat, Unit 531 offers the perfect combination of comfort, convenience, and vibrant city living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 960 | 1,243 |
| Lot Size | 71,352 | 24,016 |
| Price | $499.0K | $805.6K |
| Price per sq ft | $520 | $659 |
| Built year | 2006 | 1981 |
| HOA | $986.29 | $684 |
| Days on market | 14 | 71 |
Jul 8, 2026
$499,000
Initial Listing
Jun 11, 2010
$350,000
Public Record