1023 Wilcox Avenue 102, Los Angeles, California 90038, Los Angeles, 90038 - 2 bed, 2 bath

1023 Wilcox Avenue 102, Los Angeles, California 90038 home-pic-0
ACTIVE$825,000
1023 Wilcox Avenue 102, Los Angeles, California 90038
2Beds
2Baths
1,320Sqft
6,069Lot
Year Built
2006
Close
-
List price
$825K
Original List price
$850K
Price/Sqft
$625
HOA
$625
Days on market
-
Sold On
-
MLS number
SR25018078
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $825.0K(83th), sqft - 1320(50th), beds - 2(50th), baths - 2(50th).

Stylish and Serene Condo with Private Patio in the Heart of Hollywood- Ideal for FIRST-TIME BUYERS! Welcome to your move-in ready home in Hollywood Gate Homes, Inc., a rare boutique 6-unit complex located in the vibrant Hollywood Media District. This thoughtfully designed 2-bedroom, 2-bathroom condo offers 1,320 square feet of stylish living space in one of LA’s most exciting neighborhoods. The open layout features luxury vinyl wide-plank floors, fresh white walls, and large windows that fill the space with natural light. The kitchen includes granite countertops, custom wood cabinetry, stainless steel appliances, and a window above the sink that brings in a breeze and view. A full-size LG washer and dryer are neatly hidden behind louvered doors near the entry. Smart features like a Nest thermostat and modern light switches add comfort and convenience. The spacious primary bedroom includes a walk-in closet and a modern en-suite bathroom that feels like a personal spa. The second bedroom is generously sized and perfect for a nursery, office, or guest room. The updated full guest bathroom is located just off the hall. A highlight of the home is the private enclosed patio, ideal for relaxing, grilling, or playing. Additional features include two tandem gated parking spaces, guest parking, elevator access, and a private universal EV charger. Located near Gold’s Gym, Arclight, Larchmont Village, Koreatown, and the Walk of Fame, this quiet and secure building offers both privacy and convenience. Perfect for starting couples, retirees or professionals seeking comfort, style, and location in one.

Price History

Date
Event
Price
11/30/22
Sold
$699,000
12/09/09
Sold
$419,000
11/17/09
Sold
$410,000
Condition Rating
Good

Built in 2006, this condo is move-in ready with significant recent updates. It features new luxury vinyl wide-plank flooring, fresh paint, and modern stainless steel kitchen appliances. The primary bathroom has been extensively updated with a modern double vanity and fixtures, giving it a spa-like feel. While the kitchen's dark wood cabinetry and granite countertops are well-maintained, they lean towards a more traditional style compared to current trends. The guest bathroom has a modern vanity, but the shower tile appears slightly dated. Overall, the property is in excellent condition with functional systems and stylish updates, aligning well with the 'Good' category criteria.
Pros & Cons

Pros

Prime Hollywood Location: Situated in the vibrant Hollywood Media District, the property offers excellent access to amenities, entertainment, and cultural landmarks like Gold’s Gym, Larchmont Village, and the Walk of Fame.
Modern & Updated Interior: The condo features a move-in ready design with luxury vinyl wide-plank floors, fresh white walls, large windows for natural light, a modern kitchen with granite countertops, and a spa-like primary en-suite bathroom.
Private Outdoor Space: A private enclosed patio provides a valuable outdoor retreat for relaxation, grilling, or recreation, enhancing the urban living experience.
Excellent Parking & EV Charging: The property includes two tandem gated parking spaces, guest parking, and a private universal EV charger, addressing critical needs in the Los Angeles market.
Boutique & Secure Complex: Part of a rare 6-unit boutique complex, the building offers a quiet, secure, and private living environment with elevator access, appealing to those seeking exclusivity.

Cons

High Association Fee: The monthly association fee of $625 is substantial and adds significantly to the overall cost of ownership, which could impact affordability for some buyers.
Potential Overpricing: The current list price of $825,000 represents a significant increase from the last sale price of $699,000 in November 2022, and a recent price reduction suggests it may be struggling to attract buyers at this price point.
Tandem Parking & Lack of Views: While two parking spaces are provided, the tandem arrangement can be inconvenient. Additionally, the property lacks any notable views, which can be a drawback in the competitive LA market.

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