1234 Wilshire Boulevard 204, Los Angeles, California 90017, Los Angeles, 90017 - 2 bed, 2 bath
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Los Angeles, California 90017
This Modern Urban Condominium is a Prime Investment Opportunity, listed at $549,900—positioned well below the $570,478 Fair Market Value by 3%. This valuation gap provides $20,578 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the residence features a modern kitchen, private balcony, and a functional split-bedroom layout. Residents enjoy resort-style amenities including a pool, spa, and saunas near LA Live. This is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or Buy-and-Hold Investors targeting high-demand DTLA rentals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1234 Wilshire Boulevard 204 Subject | $549,900* List Price | 2 | 2 | 1,140 | $500 | - |
A 1234 Wilshire Boulevard 207 Sold | $530,000 | 2 | 2 | 1,280 | $414 | 0.0 mi |
B 1234 Wilshire Blvd 507 Sold | $600,000 | 2 | 2 | 1,280 | $469 | 0.0 mi |
C 801 S Grand Avenue 2202 Sold | $690,000 | 2 | 2 | 1,360 | $507 | 0.7 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 1100 Wilshire Boulevard 2805 Sold | $420,000 | 1 | 1 | 847 | $496 | 0.1 mi |
G 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 (18 years old), the property is well-maintained and move-in ready. It features a modern kitchen with stainless steel appliances, fresh paint, and functional systems, fitting the 10-20 year criteria for a well-maintained residence.
The Vero Condominiums offer a full-service lifestyle with 24-hour security, a state-of-the-art fitness center, dry cedar saunas, and a resort-style pool deck, providing high value for urban residents.
Ideally situated near LA Live and major sports arenas with immediate access to the 110, 101, 10, and 5 freeways, this location offers unparalleled convenience for commuting and entertainment.
The unit features a thoughtfully designed split-bedroom floor plan that maximizes privacy, complemented by in-unit laundry and two assigned parking spaces located near the elevator.
At $1,037.83 per month, the association fees are significant and may impact the overall affordability and debt-to-income ratio for prospective buyers.
Being located on the second floor of a mid-rise building on Wilshire Boulevard, the unit may be subject to higher levels of urban street noise and reduced privacy compared to higher-floor units.
Luxurious and move-in ready, this upgraded 2-bedroom, 2-bath residence at Vero Condominiums offers refined urban living in the heart of Downtown Los Angeles. Fresh paint complements a thoughtfully designed split-bedroom layout, featuring a modern kitchen, in-unit laundry, and a private balcony, creating a seamless blend of comfort and functionality. Built in 2006, this well-maintained mid-rise offers a newer construction feel compared to many DTLA buildings, with two assigned parking spaces conveniently located near the elevator. Vero is a professionally managed, full-service community designed for elevated condominium living. Residents enjoy resort-style amenities including a sparkling pool and therapeutic spa, dry cedar saunas, a state-of-the-art fitness center, business center/library, and an expansive amenity deck with lounge seating, BBQs, and fire tables. The building also features a luxury lobby and 24-hour front desk security with emergency service. Ideally situated just minutes from LA Live, Crypto.com Arena, and Peacock Theater, with easy access to major freeways (110, 101, 10, and 5), this residence offers the ultimate DTLA lifestyle with proximity to Koreatown. HOA dues cover security, amenities, building maintenance, and reserves, typical for a full-service building.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,140 | 1,140 | 50% |
| Lot Size | 71,352 | 71,352 | 50% |
| Price | $549.9K | $550.0K | 47% |
| Price per sq ft | $482 | $541 | 20% |
| Built year | 2006 | 2006 | 50% |
| HOA | $1037.83 | $1.0K | 50% |
| Days on market | 9 | 213 | 7% |
Apr 23, 2026
$549,900
Initial Listing
Mar 6, 2018
$635,000
Public Record
Mar 21, 2007
$527,000
Public Record