3810 Wilshire Boulevard 1508, Los Angeles, California 90010, Los Angeles, 90010 - 2 bed, 2 bath
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Los Angeles, California 90010
This Value-Add Condominium Asset in the prestigious Mercury Building is listed at $599,000, closely tracking its $581,462 Fair Market Value. Currently holding a Condition Rating of 4, the unit serves as a "blank canvas" for a full renovation to capture significant upside. The property features South-Facing City Views, In-Unit Laundry, and two rare Side-by-Side Parking Spaces. With access to a rooftop Pool and Spa, this is a strategic acquisition in a high-demand urban corridor. It is perfectly suited for Fix-and-Flip Investors or Owner-Occupants looking to build equity through customization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3810 Wilshire Boulevard 1508 Subject | $599,000* List Price | 2 | 2 | 910 | $639 | - |
A 3810 Wilshire Boulevard 408 Active | $649,000 List Price | 2 | 2 | 1,000 | $649 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in its original 2008 conversion condition, making the interior finishes and systems approximately 16 years old. While the kitchen features stainless steel appliances and granite countertops, the style is dated, and the listing explicitly describes the unit as a 'blank canvas' for renovation. Furthermore, the disclaimer that photos represent 'prior condition' and the 'as-is' sale terms suggest visible wear and tear to flooring and fixtures that necessitate updates to meet modern standards.
Situated in the prestigious Mercury Building, the property offers a vibrant lifestyle with immediate access to top-tier dining, shopping, and transit in the Koreatown and DTLA-adjacent area.
Includes two rare side-by-side parking spaces in a secured underground garage along with additional storage, providing significant convenience and value in a high-density urban setting.
As a bright, south-facing unit in original condition, it serves as a perfect blank canvas for investors or homeowners to renovate to their taste and build immediate equity.
The property is sold in its original 2008 condition with a strict 'no repairs, no credits' policy, requiring the buyer to budget for a full renovation and immediate upgrades.
Monthly HOA dues exceed $825, which may impact the overall affordability and monthly carrying costs for some prospective buyers compared to other units in the area.
Best value in the buildingan incredible opportunity to customize and create your dream home! Located in the prestigious MERCURY Building, this bright south-facing 2-bedroom, 2-bath condo is in original condition since 2008, offering the perfect blank canvas to renovate to your taste. Enjoy in-unit washer/dryer, two assigned side-by-side parking spaces in the secured underground garage, plus additional storage. Prime DTLA/Koreatown-adjacent location near restaurants, shops, theaters, plazas, Ralphs, and popular Korean markets for a vibrant urban lifestyle. Photos shown are from prior condition. Property is being sold AS-IS. Seller will provide no credits and will make no repairs. Don't miss this chance to take pride in ownership in one of the area's most desirable buildings!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 910 | 1,498 | 10% |
| Lot Size | 64,171 | 53,710 | 71% |
| Price | $599.0K | $950.0K | 10% |
| Price per sq ft | $658 | $625 | 81% |
| Built year | 1962 | 1980 | 29% |
| HOA | $825.25 | $818 | 52% |
| Days on market | 44 | 164 | 10% |
Mar 9, 2026
$599,000
Initial Listing