1234 Wilshire Boulevard 430, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath

1234 Wilshire Boulevard 430, Los Angeles, California 90017 home-pic-0
ACTIVE$469,000
1234 Wilshire Boulevard 430, Los Angeles, California 90017
1Bed
1Bath
830Sqft
71,352Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Strategically located within walking distance to downtown Los Angeles and a 2-minute drive to the 110 freeway, offering excellent urban accessibility and commute convenience.
Top Cons:
High Association Fees: The monthly association fee of $856.38 is substantial for a 1-bedroom unit, which could be a significant financial consideration for potential buyers.

Compared to the nearby listings

Price:$469.0K vs avg $530.0K ($-61,000)34%
Size:830 sqft vs avg 830 sqft50%
Price/sqft:$565 vs avg $61738%

More Insights

Built in 2006 (19 years old).
Condition: The property, built in 2006, is 18 years old, fitting the 'Good' condition criteria for age. The images confirm a move-in ready unit with modern finishes throughout, including well-maintained hardwood flooring and clean, contemporary carpeting in the bedroom. The kitchen features modern flat-panel cabinetry, dark countertops, and stainless steel appliances, all appearing functional and in good condition. The bathroom also maintains a modern aesthetic with large format tiles and updated fixtures. There are no visible signs of significant wear, tear, or outdated components requiring immediate renovation, aligning with a well-maintained property within its expected lifespan.
Year Built
2006
Close
-
List price
$469K
Original List price
$469K
Price/Sqft
$565
HOA
$856.38
Days on market
-
Sold On
-
MLS number
25572697
Home ConditionGood
Features
Good View: City Lights
ViewCity Lights

About this home

Significant price reduction! Bright, open layout with high ceilings and abundant natural light coming in from the south side. Hardwood flooring with modern finishes throughout the unit. Residents can enjoy the community pool, dry sauna, fitness studio, yoga studio, business center, 24 hour concierge and security guard service and many more. Walking distance to downtown and 2 min drive to 110 freeway.

Price History

Date
Event
Price
03/22/07
Sold
$495,000
02/28/07
Sold
$395,000
Condition Rating
Good

The property, built in 2006, is 18 years old, fitting the 'Good' condition criteria for age. The images confirm a move-in ready unit with modern finishes throughout, including well-maintained hardwood flooring and clean, contemporary carpeting in the bedroom. The kitchen features modern flat-panel cabinetry, dark countertops, and stainless steel appliances, all appearing functional and in good condition. The bathroom also maintains a modern aesthetic with large format tiles and updated fixtures. There are no visible signs of significant wear, tear, or outdated components requiring immediate renovation, aligning with a well-maintained property within its expected lifespan.
Pros & Cons

Pros

Prime Downtown Location: Strategically located within walking distance to downtown Los Angeles and a 2-minute drive to the 110 freeway, offering excellent urban accessibility and commute convenience.
Extensive Luxury Amenities: Residents benefit from a comprehensive suite of community amenities including a pool, dry sauna, fitness studio, yoga studio, and business center, enhancing lifestyle and value.
Modern Interior Design: The unit features a bright, open layout with high ceilings, abundant natural light from the south side, hardwood flooring, and modern finishes throughout, appealing to contemporary tastes.
Enhanced Security & Services: The building provides 24-hour concierge and security guard services, offering residents peace of mind and a high level of convenience and safety.
Desirable City Lights View: The property boasts a captivating city lights view, adding significant aesthetic appeal and market value to the unit.

Cons

High Association Fees: The monthly association fee of $856.38 is substantial for a 1-bedroom unit, which could be a significant financial consideration for potential buyers.
Limited Unit Size: As a 1-bedroom, 1-bathroom unit, its limited size and bedroom count may restrict the target market primarily to singles or couples without children.
Price Reduction Discrepancy: The listing description mentions a 'significant price reduction,' yet the current list price matches the original list price, which could lead to buyer confusion or questions regarding pricing history.

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