3810 Wilshire Boulevard 402, Los Angeles, California 90010, Los Angeles, 90010 - 1 bed, 1 bath

3810 Wilshire Boulevard 402, Los Angeles, California 90010 home-pic-0
ACTIVE$530,000
3810 Wilshire Boulevard 402, Los Angeles, California 90010
1Bed
1Bath
830Sqft
64,171Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Koreatown Location: Situated in the heart of Koreatown, offering a vibrant, walkable lifestyle with easy access to amenities, dining, and entertainment.
Top Cons:
High Monthly Association Fees: The $774.21 monthly HOA fee is substantial for a 1-bedroom unit, significantly increasing the total cost of ownership and potentially impacting affordability.

Compared to the nearby listings

Price:$530.0K vs avg $970.0K ($-440,000)9%
Size:830 sqft vs avg 1,621 sqft9%
Price/sqft:$639 vs avg $63950%

More Insights

Built in 1962 (63 years old).
Condition: Despite being built in 1962, this unit has undergone an extensive and recent renovation. The description highlights a 'modern kitchen with a brand-new electric stove and oven' and 'recently replaced' in-unit washer and dryer. Images confirm a contemporary kitchen with white flat-panel cabinetry, stainless steel appliances, granite countertops, and subway tile backsplash. The bathroom also features a modern vanity, granite counter, and updated fixtures. Hardwood floors and recessed lighting are present throughout, contributing to a virtually new and move-in ready condition, meeting current quality standards with no visible deferred maintenance.
Year Built
1962
Close
-
List price
$530K
Original List price
$540K
Price/Sqft
$639
HOA
$774.21
Days on market
-
Sold On
-
MLS number
25552677
Home ConditionExcellent
Features
Excellent View: City Lights
Pool
Spa
Patio
ViewCity Lights

About this home

This bright and spacious 1-bedroom unit is located in The Mercury, a well-known high-rise building in the heart of Koreatown. Spacious 1 bed, 1 bath unit with 830 sqft larger than most 1-bedroom units in the same building. The unit offers a generous floor plan with high ceilings and a large, private north-facing extra patio great for outdoor dining or extra space. Inside, you'll find hardwood floors throughout, updated recessed lighting, and a modern kitchen with a brand-new electric stove and oven. The in-unit washer and dryer were recently replaced, adding extra convenience. The bedroom features a walk-in closet and functional layout. The Mercury offers top-tier amenities, including 24-hour security, front desk service, a rooftop infinity pool and spa, a fully equipped gym, and a beautifully landscaped garden with BBQ grills and lounge areas all with stunning city views. Enjoy comfortable living in one of the most walkable and vibrant neighborhoods in Los Angeles.

Price History

Date
Event
Price
02/27/20
Sold
$450,000
05/11/18
Sold
$477,000
12/15/09
Sold
$300,000
Condition Rating
Excellent

Despite being built in 1962, this unit has undergone an extensive and recent renovation. The description highlights a 'modern kitchen with a brand-new electric stove and oven' and 'recently replaced' in-unit washer and dryer. Images confirm a contemporary kitchen with white flat-panel cabinetry, stainless steel appliances, granite countertops, and subway tile backsplash. The bathroom also features a modern vanity, granite counter, and updated fixtures. Hardwood floors and recessed lighting are present throughout, contributing to a virtually new and move-in ready condition, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Prime Koreatown Location: Situated in the heart of Koreatown, offering a vibrant, walkable lifestyle with easy access to amenities, dining, and entertainment.
Extensive Luxury Amenities: The Mercury building provides top-tier amenities including 24-hour security, front desk service, a rooftop infinity pool and spa, a fully equipped gym, and a beautifully landscaped garden with city views.
Spacious & Updated Interior: At 830 sqft, this 1-bedroom unit is larger than most in the building, featuring high ceilings, hardwood floors, recessed lighting, and a modern kitchen with brand-new appliances.
Private Outdoor Space: A large, private north-facing patio offers valuable extra space for outdoor dining and relaxation, a desirable feature for urban living.
Convenient In-Unit Features: Includes recently replaced in-unit washer and dryer, and a functional bedroom layout with a walk-in closet, enhancing daily living convenience.

Cons

High Monthly Association Fees: The $774.21 monthly HOA fee is substantial for a 1-bedroom unit, significantly increasing the total cost of ownership and potentially impacting affordability.
Building Age: Built in 1962, the building's older construction may present potential concerns regarding aging infrastructure or future special assessments, despite unit-specific updates.
Recent Price Adjustment: The property has seen a recent price reduction from $540,000 to $530,000, which could suggest a need to attract more buyer interest or an initial overestimation of market value.

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