1234 Wilshire Boulevard 228, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath

1234 Wilshire Boulevard 228, Los Angeles, California 90017 home-pic-0
ACTIVE$519,000
1234 Wilshire Boulevard 228, Los Angeles, California 90017
1Bed
1Bath
920Sqft
71,332Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Urban Location: Located in the heart of Downtown LA, offering exceptional walkability to major attractions like Staples Center, LA Live, FIDM, shopping, and dining, providing a highly convenient urban lifestyle.
Top Cons:
High Association Fees: The monthly association fee of $732.20 is substantial, adding a significant recurring cost to ownership that could impact affordability for some buyers.

Compared to the nearby listings

Price:$519.0K vs avg $530.0K ($-11,000)41%
Size:920 sqft vs avg 852 sqft62%
Price/sqft:$564 vs avg $61738%

More Insights

Built in 2006 (19 years old).
Condition: Built in 2006, this condo is 18 years old, fitting the 'Good' category's age range. The property features 'rich wood floors,' 'European style cabinetry,' and 'brushed stainless steel kitchen appliances,' all of which appear modern and well-maintained in the images. The kitchen and bathroom styles are contemporary, and there are no visible signs of significant wear, tear, or outdated components. The unit is move-in ready with no immediate renovations required, aligning with the criteria for a 'Good' condition score.
Year Built
2006
Close
-
List price
$519K
Original List price
$537K
Price/Sqft
$564
HOA
$732.2
Days on market
-
Sold On
-
MLS number
SB24231042
Home ConditionGood
Features
Deck
Pool
Spa
Patio
ViewPool

About this home

Located in the heart of Downtown LA. Chic and Modern 920 sq ft, 1 Bedroom, 1 Bath Condo on the 2nd floor. High-end finishes include rich wood floors, tall ceilings, European style cabinetry, brushed stainless steel kitchen appliances and modern fixtures. In unit washer and dryer included. Amenities include a furnished Lobby, full size gym, cybex machines, yoga room, pool w/ loungers, BBQ's, spa, sauna, 24 hour security and concierge services. Includes 2 garage parking spaces. Walking distance to Shopping Plazas, Super Markets, Restaurants. Very convenient location, minutes away from Staples Center, LA Live, FIDM, Major Freeways, and more!

Price History

Date
Event
Price
06/09/21
Sold
$529,000
06/06/14
Sold
$435,000
03/02/07
Sold
$404,000
Condition Rating
Good

Built in 2006, this condo is 18 years old, fitting the 'Good' category's age range. The property features 'rich wood floors,' 'European style cabinetry,' and 'brushed stainless steel kitchen appliances,' all of which appear modern and well-maintained in the images. The kitchen and bathroom styles are contemporary, and there are no visible signs of significant wear, tear, or outdated components. The unit is move-in ready with no immediate renovations required, aligning with the criteria for a 'Good' condition score.
Pros & Cons

Pros

Prime Urban Location: Located in the heart of Downtown LA, offering exceptional walkability to major attractions like Staples Center, LA Live, FIDM, shopping, and dining, providing a highly convenient urban lifestyle.
Extensive Building Amenities: The building boasts a comprehensive suite of luxury amenities including a full-size gym, yoga room, pool, spa, sauna, BBQ areas, 24-hour security, and concierge services, enhancing resident comfort and value.
Modern Interior Finishes: The unit features chic and modern high-end finishes, rich wood floors, tall ceilings, European style cabinetry, and brushed stainless steel kitchen appliances, appealing to contemporary tastes.
Spacious Layout & Valued Parking: At 920 sq ft, it offers a generous size for a 1-bedroom condo, and the inclusion of two garage parking spaces is a significant and highly desirable asset in a dense urban environment like DTLA.
In-Unit Conveniences: The presence of an in-unit washer and dryer adds considerable convenience and appeal, a sought-after feature in condominium living.

Cons

High Association Fees: The monthly association fee of $732.20 is substantial, adding a significant recurring cost to ownership that could impact affordability for some buyers.
Lower Floor Unit: Being on the 2nd floor, the unit may have limited views compared to higher floors and could be more susceptible to street noise, despite having a pool view.
Recent Price Adjustment: The property has undergone a price reduction from its original list price, which might suggest initial overpricing or a need to attract more buyer interest.

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