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1234 Wilshire Boulevard 127, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 2 bath

1234 Wilshire Boulevard 127, Los Angeles, California 90017 home-pic-0
ACTIVE$470,000
1234 Wilshire Boulevard 127, Los Angeles, California 90017
1Bed
2Baths
1,130Sqft
71,352Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Urban Connectivity: Located in the heart of Los Angeles, offering immediate access to major business districts (DTLA, Financial District), cultural hubs (Koreatown, L.A. Live), public transit (Metro), and essential amenities (Whole Foods, Target, acclaimed dining), promoting a vibrant, walkable lifestyle.
Top Cons:
Substantial Monthly HOA Fees: The association fee of $781 per month is relatively high, adding a significant recurring cost to ownership and potentially impacting affordability for some buyers.

Compared to the nearby listings

Price:$470.0K vs avg $530.0K ($-60,000)34%
Size:1,130 sqft vs avg 852 sqft76%
Price/sqft:$416 vs avg $6173%

More Insights

Built in 2006 (19 years old).
Condition: Built in 2006, this condo is 18 years old and presents as move-in ready with a contemporary aesthetic. The kitchen features modern flat-panel cabinetry, solid surface countertops, and stainless steel appliances, though the gas range/oven appears to be an older model. The bathrooms are also modern with vessel sinks and updated vanities. Hardwood floors are present throughout the main living areas and bedroom, appearing well-maintained. The property shows minimal wear and tear, and its systems are functional and within their expected lifespan, aligning perfectly with the 'Good' condition criteria.
Year Built
2006
Close
-
List price
$470K
Original List price
$525K
Price/Sqft
$416
HOA
$781
Days on market
-
Sold On
-
MLS number
OC25133078
Home ConditionGood
Features
Good View: Pool
Pool
Spa
ViewPool

About this home

Welcome to urban sophistication at its finest in the heart of Los Angeles. This stylish 1 bedroom, 1.25 bathroom condo is located in the highly sought-after Vero Building at 1234 Wilshire Blvd, offering an unbeatable blend of comfort, design, and city convenience. Positioned on the desirable ground level with tranquil views of the pool, this spacious unit features an open-concept layout with a large gourmet kitchen, complete with a center island, refrigerator, and abundant counter space—perfect for cooking or entertaining. The generous bedroom includes a large closet with built-ins and connects to a luxurious oversized bathroom with a soaking tub, plus an additional guest quarter bath for added convenience. Inside laundry is included for ultimate practicality. Residents enjoy premium resort-style amenities including a fully equipped fitness center, aerobic room, a stunning lobby lounge, sparkling pool and jacuzzi—all in a secure and modern complex. Ideally located just minutes from Downtown LA, Koreatown, L.A. Live, and the Financial District, with immediate access to the Metro, Whole Foods, Target, and top-rated dining such as Bottega Louie, Faith & Flower, and Maccheroni Republic. Whether you're commuting or exploring, everything you need is right outside your door. Experience refined living in a vibrant, walkable neighborhood—this is the ultimate city retreat you've been waiting for.

Price History

Date
Event
Price
02/08/24
Sold
$575,000
05/16/16
Sold
$552,000
03/07/07
Sold
$497,000
Condition Rating
Good
Built in 2006, this condo is 18 years old and presents as move-in ready with a contemporary aesthetic. The kitchen features modern flat-panel cabinetry, solid surface countertops, and stainless steel appliances, though the gas range/oven appears to be an older model. The bathrooms are also modern with vessel sinks and updated vanities. Hardwood floors are present throughout the main living areas and bedroom, appearing well-maintained. The property shows minimal wear and tear, and its systems are functional and within their expected lifespan, aligning perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

Exceptional Urban Connectivity: Located in the heart of Los Angeles, offering immediate access to major business districts (DTLA, Financial District), cultural hubs (Koreatown, L.A. Live), public transit (Metro), and essential amenities (Whole Foods, Target, acclaimed dining), promoting a vibrant, walkable lifestyle.
Premium Building Amenities: Residents benefit from resort-style facilities including a fully equipped fitness center, aerobic room, elegant lobby lounge, sparkling pool, and jacuzzi, all within a secure and modern complex.
Sophisticated Interior Design & Features: The unit boasts an open-concept layout, a large gourmet kitchen with a center island and ample counter space, a generous bedroom with built-ins, a luxurious oversized bathroom with a soaking tub, and convenient in-unit laundry.
Desirable Ground-Level Pool View: Positioned on the ground level, the unit offers tranquil views of the pool, providing both easy access and a pleasant, serene outlook.
Modern Construction & Building: Built in 2006, the Vero Building offers contemporary design and infrastructure, ensuring a modern living experience in a well-maintained complex.

Cons

Substantial Monthly HOA Fees: The association fee of $781 per month is relatively high, adding a significant recurring cost to ownership and potentially impacting affordability for some buyers.
Recent Price Reduction & Market Positioning: The property has undergone a notable price reduction from its original list price and is currently listed below its last recorded sale price (Feb 2024), which could suggest market resistance or a motivated seller.
Single Bedroom Configuration: As a 1-bedroom unit, its appeal is limited to individuals or couples, potentially narrowing the buyer pool compared to properties with more bedrooms.

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