
Los Angeles, California 90017
This Modern Turnkey Condo is a High-Potential Investment Opportunity, listed at $499,000—positioned well below the $559,462 Fair Market Value by 10%. This valuation gap offers $60,462 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the unit features a remodeled primary en-suite and comes fully furnished. Rare for Downtown Los Angeles, it includes two secured parking spaces and resort amenities like a Cybex gym and pool. Located in the Los Angeles Unified School District, this is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1234 Wilshire Boulevard 213 Subject | $499,000* List Price | 1 | 2 | 1,180 | $474 | - |
A 1234 Wilshire Boulevard 207 Sold | $530,000 | 2 | 2 | 1,280 | $414 | - |
B 1100 Wilshire Boulevard 2805 Sold | $420,000 | 1 | 1 | 847 | $496 | 0.1 mi |
C 1234 Wilshire Blvd 507 Sold | $600,000 | 2 | 2 | 1,280 | $469 | - |
D 655 S Hope Street 607 Sold | $460,000 | 2 | 2 | 850 | $541 | 0.6 mi |
E 1100 Wilshire Boulevard 1808 Sold | $424,808 | 1 | 1 | 827 | $514 | 0.1 mi |
F 1234 Wilshire Boulevard 218 Active | $430,000 List Price | 1 | 1 | 830 | $518 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property is well-maintained and move-in ready. It features a contemporary kitchen with a full suite of appliances and significant recent updates, including a remodeled primary en-suite bathroom with modern ceramic tiling and a new HVAC system installed within the last two years. While the building is 18 years old, the interior updates and turnkey condition align with the 'good' criteria.
The property is offered fully furnished and updated with modern finishes, including a remodeled primary en-suite and a new HVAC system, providing a seamless move-in experience.
Residents have access to resort-style facilities including a 24-hour concierge, Cybex gym, dry cedar saunas, and a pool deck with BBQs, enhancing the urban lifestyle.
Rare for a one-bedroom unit in Downtown Los Angeles, this condo includes two secured garage parking spaces, significantly increasing its market value and convenience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1180, other record living area = 1130.
The monthly HOA fee of $1,036.58 is relatively high, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
Despite the generous 1,180 square footage, the single-bedroom layout may limit the property's appeal to a smaller demographic compared to multi-bedroom units.
Discover effortless luxury in this updated, furnished 1-bedroom, 1.5-bath condo in the heart of Downtown LA. Nestled in the highly desirable Vero building, this turnkey gem is priced aggressively and includes everything needed for immediate enjoyment in-unit washer/dryer, and a complete suite of kitchen appliances including refrigerator. Bathed in abundant natural light, the open-concept layout creates an inviting space. The sleek, contemporary kitchen and dining area seamlessly transitions into the generous living room ideal for intimate evenings or lively gatherings with friends. Retreat to the serene primary suite, featuring elegant frosted glass barn doors, dual closets, and a beautifully remodeled en-suite bathroom with ceramic tiled floors, fresh wall tiles in the shower, and double sinks. Recent upgrades also include a new HVAC system (only 2 years old) for reliable use. Enjoy Vero's resort-style amenities, a sparkling pool and therapeutic spa, dry cedar saunas, state-of-the-art Cybex gym, lounge pool deck with BBQs and fire pits, 24-hour concierge front desk, controlled access, and 2 secured garage parking spaces included.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,180 | 1,035 | 50% |
| Lot Size | 71,352 | 71,352 | 50% |
| Price | $499.0K | $540.0K | 44% |
| Price per sq ft | $423 | $580 | 13% |
| Built year | 2006 | 2006 | 50% |
| HOA | $1036.58 | $1.0K | 50% |
| Days on market | 46 | 216 | 6% |
Mar 7, 2026
$499,000
Initial Listing
May 7, 2007
$482,000
Public Record