
Los Angeles, California 90019
This property represents a High-Potential Investment Opportunity, listed at a List Price of $749,885—positioned well above the $621,456 Fair Market Value by -20%. While the unit requires cosmetic updates, its Fair Condition Rating and 1,270 sqft open floor plan provide a solid foundation for value-add renovations. Featuring a private balcony with City Lights views and secure underground parking, this asset offers significant lifestyle potential in the Miracle Mile. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic interior modernization.
Property is moderate renovation needed.
Built in 2002 (22 years old), the property is functional but dated. The kitchen features original honey oak cabinetry and older tile flooring, and the listing description explicitly mentions it is 'waiting for your finishing touches.' Systems are likely original to the build date, placing it in the 'Fair' category due to age and the need for cosmetic updates.
Situated in the highly desirable Wilshire Vista/Miracle Mile area, the property offers excellent proximity to major cultural hubs, dining, and central Los Angeles employment centers.
The 1,270 sqft unit features a functional open floor plan and a primary suite with dual vanities and an oversized closet, providing a sense of luxury and space.
The property includes secure gated underground parking and direct elevator access, offering essential convenience and peace of mind in a busy urban environment.
The listing notes the unit is 'waiting for finishing touches,' suggesting that buyers will need to invest additional capital into cosmetic upgrades or repairs.
The monthly HOA fee of $768.57 is relatively high for the building's age and type, which may impact the overall affordability and monthly carrying costs for buyers.
Welcome to this spacious unit in the heart of Wilshire Vista/Miracle Mile just waiting for your finishing touches. Enjoy an open floor plan from the living and dining areas to the kitchen. A balcony off of the living room provides space to sit and relax- the perfect breath of fresh air. The primary suite features an oversized closet and en-suite bathroom with dual vanities. Secure, gated underground parking with convenient elevator access to your unit.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,270 | 1,252.996 |
| Lot Size | 11,439 | 26,029.603 |
| Price | $749.9K | $778.5K |
| Price per sq ft | $590 | $629 |
| Built year | 2002 | 1981 |
| HOA | $768.57 | $676 |
| Days on market | 24 | 74 |
Oct 16, 2026
$749,885
Initial Listing
Jan 16, 2015
$529,500
Public Record
May 5, 2003
$375,000
Public Record