1234 Wilshire Boulevard 405, Los Angeles, California 90017, Los Angeles, 90017 - 2 bed, 2 bath
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Los Angeles, California 90017
This Modern Urban Condominium represents a Strong Value Opportunity, listed at $520,000—positioned well below the $539,707 Fair Market Value by 3%. This valuation gap provides $19,707 in Instant Equity for the buyer. Featuring a Condition Rating of 3, this move-in ready unit offers a Euro-style kitchen, two side-by-side parking spaces, and north-facing city views. With luxury amenities like a pool, sauna, and fitness center, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking sophisticated DTLA living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1234 Wilshire Boulevard 405 Subject | $520,000* List Price | 2 | 2 | 1,140 | $473 | - |
A 1234 Wilshire Boulevard 207 Sold | $530,000 | 2 | 2 | 1,280 | $414 | 0.0 mi |
B 801 S Grand Avenue 1306 Sold | $638,000 | 2 | 2 | 1,200 | $532 | 0.6 mi |
C 1234 Wilshire Boulevard 321 Active | $479,000 List Price | 1 | 2 | 1,130 | $424 | 0.0 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 and move-in ready. It features a functional Euro-style kitchen with Caesarstone countertops, modern flooring, and updated cabinetry. Systems including central HVAC and in-unit laundry are present, and the overall aesthetic remains contemporary and functional.
The unit includes two side-by-side parking spaces, which is a rare and highly desirable asset in the dense Downtown Los Angeles market.
Features a sleek 'soft loft' aesthetic with an open-concept layout, Euro-style kitchen with Caesarstone countertops, and floor-to-ceiling city views.
Residents enjoy a full suite of luxury amenities including a pool, sauna, yoga studio, and 24/7 security, enhancing the urban living experience.
The monthly association fee of $1,037.83 is relatively high for this price point, which may impact overall affordability and buyer interest.
The current list price of $520,000 is lower than the 2014 sale price of $540,000, indicating a lack of capital appreciation over the last decade.
Spacious 2 bed, 2 bath condo with balcony for lease with 2 side by side parkings. Sleek modern unit with an open concept, Euro style kitchen with Caesarstone countertops, spacious living room, dining area, central AC & Heat controlled and balcony with north facing city views. Primary bedroom with en-suite bathroom, dual closets, and guest bedroom with double closets, a full-sized guest bathroom, an in-unit washer & dryer and custom built-in cabinets for additional storage in both bedrooms. Amenities include pool, spa, sauna, large fitness center, yoga studio, guest parking, front desk & security. Experience an urban "soft loft" style that embodies contemporary living & casual sophistication. comfortable luxury & high design pervade Vero's walls which combine european aesthetics w/ open light filled floor plans. Centrally located in DTLA's City West close to Financial District, public transportation, shopping, fine dining, and entertainment.
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 | 1,243 |
| Lot Size | 71,352 | 24,016 |
| Price | $520.0K | $805.6K |
| Price per sq ft | $456 | $659 |
| Built year | 2006 | 1981 |
| HOA | $1037.83 | $684 |
| Days on market | 9 | 71 |
Jul 13, 2026
$520,000
Initial Listing
Jul 31, 2014
$540,000
Public Record
Mar 20, 2007
$335,000
Public Record