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

1234 Wilshire Boulevard 535, Los Angeles, California 90017 home-pic-0

1234 Wilshire Boulevard 535

Los Angeles, California 90017

ACTIVE
CONDITION: GOOD
1Beds
2Baths
1,130Sq Ft
71,352Lot Size

Property Price

LIST PRICE$499,000

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

Good
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.01.0
50%
Baths2.01.0
59%
Square foot1,130837
77%
Lot Size71,35271,352
50%
Price$499.0K$489.5K
50%
Price per sq ft$442$618
5%
Built year20062006
50%
HOA$1036.58$831
64%
Days on market46271
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

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