1234 Wilshire Boulevard 535, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 2 bath

1234 Wilshire Boulevard 535
Los Angeles, California 90017
Property Price
SUMMARY
Analysis of 1234 Wilshire Boulevard 535, Los Angeles, California 90017 is currently available with a list price of $499,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this condominium is move-in ready with a contemporary aesthetic that remains appealing. The kitchen features sleek stainless-steel appliances and modern flat-panel cabinetry, while the bathrooms boast vessel sinks, modern vanities, and clean tile work. Hardwood flooring in living areas and well-maintained carpet in the bedroom contribute to a fresh feel. All systems appear functional and well-maintained, aligning perfectly with the 'Good' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Aggressive Pricing & Market Value
Positioned as the 'best priced in the area' by a motivated seller, indicating strong value and potential for a quick transaction.
- Premier Downtown Location
Situated in the heart of Downtown LA, offering unparalleled access to major entertainment venues, dining, shopping, and cultural hubs.
- Exclusive Top-Floor Unit with Den
A rare top-floor residence providing superior privacy, quiet, and a versatile den for a home office or potential second bedroom.
CONSRISKS & DEFICIENCIES
- Substantial Monthly HOA Dues
The monthly association fee of $1,036.58 is significant and will be a considerable ongoing expense for the owner.
- Potential Market Pressure
The listing explicitly states 'motivated seller' and 'aggressively priced for a quick sale,' which may suggest a need to sell quickly or a competitive market environment.
- Urban Living Considerations
While central, the downtown location inherently comes with potential drawbacks such as higher noise levels, traffic, and limited private outdoor space, which may not suit all buyer preferences.
About 1234 Wilshire Boulevard 535
Motivated seller - Aggressively priced for a quick sale. Best priced in the area. Move-in ready with immediate occupancy. Also available for lease at $2,900 per month. Experience modern urban living at The Vero, a luxury condominium in the heart of Downtown Los Angeles. This exceptionally spacious 1-bedroom plus den/office, 1.5-bath residence is a rare top-floor unit, offering enhanced privacy and quiet with no neighbors above. The light-filled interior features expansive windows, creating a bright and airy atmosphere throughout. The versatile den offers flexibility as a home office, guest room, or potential second bedroom, while the contemporary kitchen is fully equipped with sleek stainless-steel appliances, ample cabinetry, and convenient in-unit laundry. Key Features & Amenities: *Top-Floor Privacy: Rare residence with no unit above, ensuring enhanced privacy and tranquility. *Prime Location: Minutes from LA Live, Crypto.com Arena, 7th & Fig, and USC, with easy access to Koreatown's renowned dining, shopping, and cultural scene. *Secure & Well-Managed Community: Fully gated condominium with 24-hour security, a concierge desk for package handling and guest assistance, and electronic keypad access upgraded in 2025. *HOA Benefits: Monthly dues include water and trash services, adding convenience and value. Resort-Style Amenities: Enjoy a fitness center, pool and spa, dry cedar sauna, and stylish resident lounges featuring BBQ areas, fire tables, and common-area Wi-Fi. *Parking: Two assigned parking spaces in a secure, gated garage. Don't miss this opportunity to enjoy privacy, comfort, and exceptional accessibility in one of Downtown Los Angeles' most desirable locations.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- 71,352 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1036.58 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 2.0 | 1.0 | 59% |
| Square foot | 1,130 | 837 | 77% |
| Lot Size | 71,352 | 71,352 | 50% |
| Price | $499.0K | $489.5K | 50% |
| Price per sq ft | $442 | $618 | 5% |
| Built year | 2006 | 2006 | 50% |
| HOA | $1036.58 | $831 | 64% |
| Days on market | 46 | 271 | 5% |
Pricing History
Listed for Sale
Feb 7, 2026
$499,000
$529,000
-6% Price Drop
Initial Listing
Price Change
Jan 19, 2026
$529,000
Initial Listing
Sold
Jul 20, 2017
$570,000
Public Record
Sold
Nov 18, 2009
$370,000
Public Record
Sold
Apr 23, 2007
$487,000
Public Record





































