
Los Angeles, California 90024
This High-Potential Investment Opportunity is listed at $1,100,000, positioned well above the $912,702 Fair Market Value by -20%. Featuring a Condition Rating of 5, this 1961 corner residence serves as a blank canvas for a full-scale renovation. The property offers Panoramic City Views and access to Top-Rated Schools like Fairburn Avenue Elementary. While the $1,800 HOA fee requires consideration, the prime Wilshire Corridor location provides significant long-term upside. This asset is ideal for Value-Add Investors or Owner-Occupants seeking a custom renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 865 Comstock 16a Subject 2 bd · 2 ba · 1,608 sqft · $568 | $1,100,000* List Price | 2 | 2 | 1,608 | $568 | - |
A 10445 Wilshire Boulevard 504 Sold 2 bd · 2 ba · 1,649 sqft · $485 · 0.3 mi | $800,000 | 2 | 2 | 1,649 | $485 | 0.3 mi |
B 1333 S Beverly Glen Boulevard 902 Sold 2 bd · 3 ba · 2,011 sqft · $622 · 0.4 mi | $1,250,000 | 2 | 3 | 2,011 | $622 | 0.4 mi |
C 10490 Wilshire Boulevard 1402 Sold 2 bd · 3 ba · 1,682 sqft · $624 · 0.4 mi | $1,050,260 | 2 | 3 | 1,682 | $624 | 0.4 mi |
D 10511 Ashton 101 Sold 2 bd · 3 ba · 1,443 sqft · $575 · 0.4 mi | $830,000 | 2 | 3 | 1,443 | $575 | 0.4 mi |
E 10465 Eastborne Avenue 206 Sold 2 bd · 2 ba · 1,596 sqft · $540 · 0.8 mi | $862,000 | 2 | 2 | 1,596 | $540 | 0.8 mi |
F 10475 Eastborne Avenue 107 Sold 2 bd · 2 ba · 1,541 sqft · $551 · 0.8 mi | $849,000 | 2 | 2 | 1,541 | $551 | 0.8 mi |
G 10750 Wilshire Boulevard 505 Sold 2 bd · 3 ba · 1,696 sqft · $537 · 0.9 mi | $910,000 | 2 | 3 | 1,696 | $537 | 0.9 mi |
H 1340 S Beverly Glen 211 Active 2 bd · 2 ba · 1,201 sqft · $745 · 0.3 mi | $895,000 List Price | 2 | 2 | 1,201 | $745 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in its 'original' 1961 condition, making the kitchen, bathrooms, and systems over 60 years old. The listing describes it as a 'blank canvas' and a 'rare opportunity to personalize,' which indicates a need for a complete gut renovation/rehab to meet modern standards.
Elementary School: Fairburn Avenue Elementary School (9/10). High School: Beverly Hills High School (9/10).
Situated on a high floor, this rare corner residence offers sweeping views of the city skyline, golf course, and mountains, providing exceptional natural light and privacy.
Residents benefit from premium building amenities including 24-hour concierge, valet parking, a fitness center, and a swimming pool in the prestigious Wilshire Corridor.
The monthly association fee of $1,800 is relatively high, which significantly increases the ongoing carrying costs for the owner.
With original interiors described as a 'blank canvas,' the unit likely requires a substantial additional investment to modernize and update the space to contemporary standards.
**Rare Corner Residence | Panoramic City Views | Prestigious Wilshire Corridor** Experience elevated Los Angeles living at 865 Comstock Ave #16A! Perched high above the city, this rare corner residence offers breathtaking panoramic views, abundant natural light, and an exceptional opportunity to create your dream home in one of LA's most desirable locations. Featuring a spacious, open floor plan, expansive windows, a private balcony with stunning skyline and sunset views, and generously sized bedrooms, this residence combines comfort, privacy, and endless possibilities. The original interiors offer a blank canvas to personalize and transform into your own sophisticated retreat. Enjoy full-service living with 24-hour concierge, valet, swimming pool, fitness center, and more. Ideally located minutes from Beverly Hills, UCLA, Westwood, premier shopping, and fine dining. **NOW VACANT and ready for its next chapter!** A rare opportunity to own a high-floor corner residence with extraordinary views, an unbeatable location, and the freedom to make it your own. **The views are priceless. The possibilities are endless!**
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,608 | 1,252.996 |
| Lot Size | 85,061 | 26,029.603 |
| Price | $1.10M | $778.5K |
| Price per sq ft | $684 | $629 |
| Built year | 1961 | 1981 |
| HOA | $1800.0 | $676 |
| Days on market | 11 | 74 |
Oct 29, 2026
$1,100,000
Initial Listing
May 27, 2015
$930,000
Public Record
Sep 4, 2012
$687,500
Public Record
Jul 8, 2009
$846,000
Public Record