
Los Angeles, California 90017
This Expansive Modern Condominium is a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $515,000 Fair Market Value by 3%. This valuation gap offers $16,000 in Instant Equity for incoming buyers. Featuring a Good Condition Rating, the 1,130-square-foot layout includes soaring ceilings, a City Lights View, and access to a resort-style pool and fitness center. Located in the premier VERO building near FIGat7th, this residence is perfectly suited for Owner-Occupants or first-time buyers seeking a turnkey urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1234 Wilshire Boulevard 321 Subject | $488,000* List Price | 1 | 2 | 1,130 | $456 | - |
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 1234 Wilshire Boulevard 433 Sold | $350,000 | 1 | 1 | 700 | $500 | - |
E 655 S Hope Street 607 Sold | $460,000 | 2 | 2 | 850 | $541 | 0.6 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 falls within the 10-20 year age bracket for a 'good' rating. The unit is move-in ready with a modern open-concept kitchen featuring stainless steel appliances and stone countertops. The bathrooms are well-maintained with dual vanities and soaking tubs. Flooring and fixtures appear to be in great condition with minimal wear, and the central HVAC system is functional. While it lacks a recent full renovation to qualify as 'excellent,' it remains a high-quality, well-kept residence.
The VERO building provides an extensive luxury amenity package, including a heated pool, sauna, yoga studio, and 24/7 security, offering a high-end lifestyle experience.
Situated in the heart of DTLA, the property offers exceptional walkability to the Financial District, FIGat7th, and premier dining destinations like Bottega Louie and Whole Foods.
With 1,130 square feet, soaring ceilings, and two full bathrooms, this unit offers a rare level of spaciousness and versatility for a one-bedroom floor plan.
The monthly HOA fee of $1,036.58 is substantial, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
While the inclusion of two parking spaces is a benefit, the tandem configuration can be a daily logistical inconvenience for households with two active drivers.
Experience elevated urban living in this expansive residence located in the highly sought-after VERO building. Designed with an open-concept layout, this light-filled home features soaring ceilings and a versatile floor plan offering 1 BEDROOM and 2 BATHROOMS, with 2 PARKING SPACES, ideal for modern living and a dedicated home office setup. The spacious kitchen seamlessly flows into the living area, perfect for both entertaining and everyday comfort. The primary bedroom is complemented by a private ensuite bathroom featuring dual vanities and a soaking tub. Additional features include central A/C and heat, and tandem parking for two vehicles, along with ample guest and retail parking. Residents enjoy resort-style amenities including a heated pool, Jacuzzi, sauna, yoga studio, fully equipped fitness center, BBQ area, and 24/7 front desk security. Ideally situated with effortless access to major freeways, Downtown LA's financial and arts districts, and premier shopping and dining at FIGat7th, Whole Foods, Ralphs, Bottega Louie, Mastro's, and more. Close proximity to LA Live, Crypto Arena, MOCA, Disney Concert Hall, Metro stations, and vibrant neighborhoods including Koreatown, Silver Lake, Little Tokyo, Echo Park, and USC completes this exceptional offering.
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 | 1,130 | 1,010 | 50% |
| Lot Size | 71,352 | 71,352 | 50% |
| Price | $488.0K | $540.0K | 44% |
| Price per sq ft | $432 | $580 | 13% |
| Built year | 2006 | 2006 | 50% |
| HOA | $1036.58 | $1.0K | 50% |
| Days on market | 49 | 217 | 6% |
Apr 17, 2026
$488,000
$499,000
-2% Price Drop
Initial Listing
Mar 19, 2026
$499,000
$515,000
-3% Price Drop
Initial Listing
Mar 4, 2026
$515,000
Initial Listing
Jul 23, 2008
$464,500
Public Record
Apr 27, 2007
$492,000
Public Record