1100 Wilshire Boulevard 1812, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath
ACTIVE$490,000
1100 Wilshire Boulevard 1812, Los Angeles, California 90017
1Bed
1Bath
710Sqft
27,106Lot
Year Built
1986
Close
-
List price
$490K
Original List price
$519K
Price/Sqft
$690
HOA
$1,227.98
Days on market
-
Sold On
-
MLS number
PW24220744
Home ConditionGood
Features
Excellent View: City Lights, Landmark, Pool
Deck
Pool
Spa
ViewCity Lights,Landmark,Pool
About this home
We found 3 Cons,5 Pros. Rank: price - $490.0K(41th), sqft - 710(34th), beds - 1(50th), baths - 1(50th).
This is Luxurious condominium which is bright and sophisticated with spectacular city views of the Staples Center in Downtown Los Angeles. The unit #1812 has high ceilings, bamboo floors, and the kitchen is upgraded with European style cabinetry, granite counter tops, and stainless steel appliances. This building has it all! Amenities include a 17th-floor luxurious pool,sun deck,spa,fire pit,, screening room, BBQ grille, resort-style cabanas, 24-hour front desk/security, fitness center, business center and media room. Building allows 2 domestic pets per unit and requires rentals to be a minimum of 30 days.
Price History
Date
Event
Price
06/13/19
Sold
$515,000
08/10/11
Sold
$329,000
12/27/06
Sold
$386,500
Condition Rating
Good
The property, built in 1986, features significant upgrades including a kitchen with European-style cabinetry, granite countertops, and stainless steel appliances, along with bamboo flooring throughout. These renovations appear contemporary and well-maintained, suggesting they were completed within the last 5-15 years. The bathroom is also updated and clean. While not a brand-new build or a full renovation within the last five years, the unit is move-in ready with no immediate renovation required, and major components appear functional and well-kept, aligning with a 'Good' condition score.
Pros & Cons
Pros
Spectacular City Views: The condominium offers spectacular city views, including the Staples Center (now Crypto.com Arena), city lights, and landmark views from its elevated position.
Extensive Luxury Amenities: The building boasts a wide array of high-end amenities, including a 17th-floor pool, sun deck, spa, fire pit, screening room, BBQ grille, resort-style cabanas, 24-hour security, fitness center, business center, and media room.
Upgraded Interior Finishes: The unit features high ceilings, bamboo floors, and an upgraded kitchen with European style cabinetry, granite countertops, and stainless steel appliances, providing a modern and sophisticated living space.
Pet-Friendly Policy: The building allows up to two domestic pets per unit, which is a significant advantage for pet owners seeking condominium living.
Prime Downtown LA Location: Situated on Wilshire Boulevard in Downtown Los Angeles, the property offers convenient access to urban attractions, entertainment, and business centers.
Cons
High Monthly Association Fee: The association fee of $1227.98 per month is substantial and adds a significant recurring cost to homeownership.
Compact Unit Size: With 710 square feet for a 1 bed/1 bath unit, the living space may be considered compact for some buyers, potentially limiting its appeal.
Negative Price Trajectory: The current list price of $490,000 is lower than its 2019 sale price of $515,000 and the original list price of $519,000, which may indicate a lack of appreciation or a market adjustment.