10375 Wilshire Boulevard 7d, Los Angeles, California 90024, Los Angeles, 90024 - 1 bed, 3 bath

10375 Wilshire Boulevard 7d, Los Angeles, California 90024 home-pic-0
ACTIVE UNDER CONTRACT$725,000
10375 Wilshire Boulevard 7d, Los Angeles, California 90024
1Bed
3Baths
2,259Sqft
93,275Lot
Year Built
1958
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$321
HOA
$3,299.02
Days on market
-
Sold On
-
MLS number
25490059
Home ConditionPoor
Features
Excellent View: City Lights, Ocean
Deck
Pool
Spa
ViewCity Lights,Ocean

About this home

We found 3 Cons,5 Pros.

Rare Opportunity: Discover a fantastic opportunity to own a piece of Los Angeles history at the iconic Wilshire Terrace. This co-op apartment, with incredible potential and breathtaking ocean views, Entrance on Beverly Glen, offers a unique blend of Mid-Century Modern charm and potential for personalization. Built in 1958, Wilshire Terrace holds the distinction of being the first residential tower for purchase on Wilshire Boulevard. Its architectural pedigree, designed by Victor Gruen Associates, has earned it a prestigious place on the Platinum Wilshire Corridor. Unparalleled Value: Priced to sell at just $725,000, this expansive apartment provides ample room for customization. The competitive price point allows buyers to invest in high-quality upgrades while still maintaining an excellent overall value. Endless Possibilities including creating a Soundproof Sanctuary: Transform your space into a quiet oasis by installing state-of-the-art soundproof windows, effectively minimizing noise from bustling Wilshire Boulevard. Modern Luxuries: Take advantage of the budget-friendly price to renovate the bathrooms and kitchen to meet 21st-century standards, creating a truly contemporary living experience. Investment Potential: This co-op presents an exceptional opportunity to acquire a residence in one of Los Angeles' most prestigious addresses. With some thoughtful updates, you can transform this apartment into a stunning showcase of modern luxury while preserving its historic charm. What is referred to as the 2nd bedroom is a convertible den and no window. Don't miss this chance to join the distinguished community at Wilshire Terrace. Experience the perfect blend of past and present in this fabled luxury building, where Hollywood history meets contemporary sophistication. Some of the Distinctive Features: Generous 2,259 sq ft of living space, Unique south-facing windows showcasing mesmerizing city and ocean views, Mid-century architectural charm, Prime location in the prestigious Wilshire Terrace building. The Wilshire Terrace is an Exclusive Community as it is a distinguished stock co-operative, ensuring a refined living experience for its residents. This exclusive community offers: All utilities are included in the HOA Dues, Required HOA Board approval process for maintaining the building's high standards, 2.14-acre lot with lush surroundings. The Amenities include a pool, spa and access to other luxury features including 24/7 valet parking and doorman, On-site manager, Fitness Center, Two private parks, Dog Park and Hair Salon. DON'T MISS THIS RARE OPPORTUNITY TO OWN A PIECE OF LOS ANGELES LUXURY AND CREATE THE HOME OF YOUR DREAMS. SCHEDULE YOUR VIEWING TODAY AND EXPERIENCE THE POTENTIAL OF THIS UNIQUE APARTMENT.

Condition Rating
Poor

Built in 1958, this property explicitly states in its description that it requires 'extensive renovation' for the bathrooms and kitchen to 'meet 21st-century standards.' While the living areas appear clean and maintained with parquet flooring and mid-century built-ins, the visible bathroom vanity with Hollywood-style lighting confirms the outdated condition of these critical spaces. The need for substantial updates to major functional components like the kitchen and bathrooms, as highlighted by the listing itself, aligns with a 'Poor' condition score, indicating significant investment is required for modernization.
Pros & Cons

Pros

Prime Location & Historic Significance: Situated in the iconic Wilshire Terrace on the prestigious Platinum Wilshire Corridor, this co-op offers a blend of Mid-Century Modern charm and historical value, designed by Victor Gruen Associates.
Panoramic City & Ocean Views: The property features unique south-facing windows that provide mesmerizing city and ocean views, significantly enhancing its appeal and living experience.
Extensive Luxury Amenities: Residents benefit from a comprehensive suite of luxury amenities including a pool, spa, 24/7 valet parking, doorman, on-site manager, fitness center, two private parks, and a dog park.
Generous Living Space & Investment Potential: With an expansive 2,259 sq ft of living space offered at a competitive price point of $725,000, the apartment presents significant potential for customization and value appreciation after thoughtful updates.
All-Inclusive HOA Dues: The monthly HOA dues cover all utilities, simplifying budgeting and offering a predictable cost structure for residents.

Cons

Co-operative Ownership Restrictions: As a stock co-operative, the property is subject to a required HOA Board approval process for buyers and potential renovation restrictions, which can be complex and time-consuming.
High Monthly Association Fees: The monthly association fee of $3,299.02 is exceptionally high, representing a significant ongoing financial commitment for the owner, even with utilities included.
Extensive Renovation Required: The apartment requires substantial updates to bathrooms and kitchen to meet 21st-century standards, implying a significant upfront investment for modernization.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state