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1234 Wilshire Boulevard 527, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 2 bath

1234 Wilshire Boulevard 527, Los Angeles, California 90017 home-pic-0
ACTIVE$485,000
1234 Wilshire Boulevard 527, Los Angeles, California 90017
1Bed
2Baths
1,130Sqft
71,352Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Los Angeles Location: Situated in the 'heart of Los Angeles' and described as 'one of LA’s most desirable locations,' offering a refined urban lifestyle with excellent accessibility.
Top Cons:
High Monthly Association Fees: The $931.00 monthly HOA fee is substantial for a 1-bedroom unit, which could impact long-term affordability and narrow the potential buyer pool.

Compared to the nearby listings

Price:$485.0K vs avg $530.0K ($-45,000)41%
Size:1,130 sqft vs avg 852 sqft76%
Price/sqft:$429 vs avg $6173%

More Insights

Built in 2006 (19 years old).
Condition: This property, built in 2006 (18 years old), falls squarely within the 'Good' category's age range. It is move-in ready with no immediate renovations required. The description highlights a 'brand new AC unit,' indicating a significant and recent update to a major system. While the kitchen is not pictured, the description confirms the presence of essential appliances (washer, dishwasher, refrigerator, range). The bathrooms appear clean, functional, and contemporary with features like vessel sinks and large format grey tiles, though not indicative of a high-end, recent luxury renovation. Hardwood floors and modern carpet in the bedroom are in good condition. Overall, the unit is well-maintained and offers modern amenities like an EV charger, aligning with the 'Good' score criteria of being well-maintained with minimal wear and tear, and some components updated without a full recent renovation.
Year Built
2006
Close
-
List price
$485K
Original List price
$485K
Price/Sqft
$429
HOA
$931
Days on market
-
Sold On
-
MLS number
SR25189680
Home ConditionGood
Features
Good View: City Lights, Pool
Pool
Patio
ViewCity Lights,Pool

About this home

Incredible Price for a Top-Floor Stylish Penthouse! EV Charger and Storage unit included! This spacious 1-bedroom, 1.5-bathroom residence spans 1,130 sq ft and offers a refined urban lifestyle in the heart of Los Angeles. Step inside to sweeping, newly renovated pool views that create a peaceful, resort-like ambiance. The open-concept layout features hardwood floors, central air with a brand new AC unit, and a security system for peace of mind. The seamless flow between the living and dining areas makes it ideal for entertaining. The building offers top-tier amenities including 24-hour security, concierge service, an elevator, barbecue area, fitness center, yoga studio, and a sparkling pool. Additional highlights include in-unit washer, dishwasher, refrigerator, and range. The home also comes with 2 assigned parking spaces in the gated underground garage, a personal EV charger, a newly installed storage unit, and available guest parking. HOA covers water, trash, building amenities, controlled access, security, and parking. Pet-friendly community. Don’t miss this rare opportunity to enjoy elevated, modern living in one of LA’s most desirable locations.

Price History

Date
Event
Price
05/06/11
Sold
$327,003
Condition Rating
Good
This property, built in 2006 (18 years old), falls squarely within the 'Good' category's age range. It is move-in ready with no immediate renovations required. The description highlights a 'brand new AC unit,' indicating a significant and recent update to a major system. While the kitchen is not pictured, the description confirms the presence of essential appliances (washer, dishwasher, refrigerator, range). The bathrooms appear clean, functional, and contemporary with features like vessel sinks and large format grey tiles, though not indicative of a high-end, recent luxury renovation. Hardwood floors and modern carpet in the bedroom are in good condition. Overall, the unit is well-maintained and offers modern amenities like an EV charger, aligning with the 'Good' score criteria of being well-maintained with minimal wear and tear, and some components updated without a full recent renovation.
Pros & Cons

Pros

Prime Downtown Los Angeles Location: Situated in the 'heart of Los Angeles' and described as 'one of LA’s most desirable locations,' offering a refined urban lifestyle with excellent accessibility.
Extensive Luxury Building Amenities: The building boasts top-tier amenities including 24-hour security, concierge service, a fitness center, yoga studio, barbecue area, and a sparkling pool, providing a resort-like ambiance.
Spacious & Modern Penthouse Unit: A generous 1,130 sq ft top-floor penthouse featuring an open-concept layout, hardwood floors, central air with a brand new AC unit, and a security system.
Superior Parking & Storage Solutions: Includes two assigned parking spaces in the gated underground garage, a personal EV charger, a newly installed storage unit, and available guest parking.
Desirable Views & Pet-Friendly Community: Offers sweeping, newly renovated pool views from the unit and is part of a pet-friendly community, enhancing lifestyle appeal for residents.

Cons

High Monthly Association Fees: The $931.00 monthly HOA fee is substantial for a 1-bedroom unit, which could impact long-term affordability and narrow the potential buyer pool.
Single Bedroom Configuration: While spacious, the property is a 1-bedroom unit, limiting its appeal primarily to singles or couples and potentially excluding buyers needing additional rooms for family or a dedicated home office.
Potential for Urban Noise/Density: Located in the 'heart of Los Angeles,' the property, despite its amenities, may be subject to typical urban noise and high-density living, which could be a drawback for those seeking a quieter environment.

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