
Los Angeles, California 90017
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $499,000—positioned well below the $566,317 Fair Market Value by 11%. This valuation gap offers $67,317 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the residence offers a modern kitchen and split-bedroom layout. Residents enjoy resort-style amenities, including a pool, spa, and fitness center. This property is an ideal acquisition for Owner-Occupants seeking a central urban lifestyle or Buy-and-Hold Investors targeting high-demand downtown rentals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1234 Wilshire Boulevard 204 Subject 2 bd · 2 ba · 1,140 sqft · $498 | $499,000* List Price | 2 | 2 | 1,140 | $498 | - |
A 1100 Wilshire 3005 Sold 1 bd · 1 ba · 800 sqft · $540 · 0.1 mi | $432,000 | 1 | 1 | 800 | $540 | 0.1 mi |
B 801 S Grand Avenue 1306 Sold 2 bd · 2 ba · 1,200 sqft · $532 · 0.6 mi | $638,000 | 2 | 2 | 1,200 | $532 | 0.6 mi |
C 1100 Wilshire Boulevard 2207 Active 1 bd · 1 ba · 800 sqft · $525 · 0.1 mi | $420,000 List Price | 1 | 1 | 800 | $525 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 20-year-old condo is well-maintained, functional, and move-in ready. It features recent upgrades including fresh paint and a modern kitchen with stainless steel appliances.
The Vero Condominiums offer an extensive amenity package, including a pool, spa, dry cedar saunas, a fitness center, and 24-hour security, providing a high-end lifestyle experience.
Located in the heart of Downtown Los Angeles near LA LIVE and major freeway interchanges, the property offers exceptional accessibility for commuting and entertainment.
The 1,140 sqft floor plan features a split-bedroom design that maximizes privacy, complemented by modern finishes, in-unit laundry, and a private balcony.
At $1,037.83 per month, the association fees are significantly high, which may impact buyer affordability and overall carrying costs.
While the unit includes two parking spaces, the tandem arrangement can be less convenient for households with two daily drivers compared to side-by-side parking.
Located in Downtown Los Angeles, just minutes from LA LIVE and Crypto.com Arena, this upgraded 2-bedroom, 2-bath residence at Vero Condominiums offers a well-designed floor plan with modern finishes and thoughtful updates. Fresh paint, a split-bedroom layout, modern kitchen, in-unit laundry, and private balcony provide a functional and move-in ready living space.Built in 2006, Vero is a well-maintained, professionally managed mid-rise with an extensive collection of amenities, including a pool and spa, dry cedar saunas, fitness center, business center and library, and a large outdoor 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. An assigned tandem parking space accommodates two vehicles and is conveniently located near the elevator.With easy access to the 110, 101, 10, and 5 freeways, the residence is well positioned for commuting throughout Los Angeles, with Koreatown and other central LA neighborhoods nearby. HOA dues include building maintenance, security, amenities, and reserves.
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 | 1,140 | 1,252.996 |
| Lot Size | 71,352 | 26,029.603 |
| Price | $499.0K | $778.5K |
| Price per sq ft | $438 | $629 |
| Built year | 2006 | 1981 |
| HOA | $1037.83 | $676 |
| Days on market | 46 | 74 |
Sep 24, 2026
$499,000
Initial Listing
Mar 6, 2018
$635,000
Public Record
Mar 21, 2007
$527,000
Public Record