1234 Wilshire Boulevard 430, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath
ACTIVE$550,000
1234 Wilshire Boulevard 430, Los Angeles, California 90017
1Bed
1Bath
830Sqft
71,352Lot
Year Built
2006
Close
-
List price
$550K
Original List price
$560K
Price/Sqft
$663
HOA
$765.96
Days on market
-
Sold On
-
MLS number
24366253
Home ConditionGood
Features
Good View: City Lights
ViewCity Lights
About this home
We found 3 Cons,5 Pros. Rank: price - $550.0K(50th), sqft - 830(50th), beds - 1(50th), baths - 1(50th).
Price History
Date
Event
Price
03/22/07
Sold
$495,000
02/28/07
Sold
$395,000
Condition Rating
Good
Built in 2006, this condominium is 18 years old, falling within the 'Good' category's age range. The images reveal a well-maintained unit with contemporary finishes consistent with its construction year. The kitchen features stainless steel appliances, dark wood cabinetry, and light countertops, all appearing functional and in good condition. The bathroom mirrors a similar style with a matching vanity and tiled shower. Hardwood floors, clean carpets, and modern light fixtures contribute to a move-in ready condition with minimal wear and tear, indicating no immediate renovation is required.
Pros & Cons
Pros
Prime Downtown Los Angeles Location: Situated on Wilshire Boulevard in the desirable C42 Downtown L.A. area, offering excellent access to urban amenities, entertainment, and transportation.
Modern Construction: Built in 2006, the property benefits from relatively newer construction and modern building standards compared to many older properties in the city.
Attractive City Lights View: The unit boasts a captivating 'City Lights' view, enhancing its aesthetic appeal and potential resale value.
Recent Price Adjustment: The list price has been reduced from $560,000 to $550,000, potentially indicating a motivated seller or an attractive value proposition for buyers.
Condominium Lifestyle: As a condominium, it offers a low-maintenance lifestyle with shared building amenities (though specific amenities are not detailed) and professional management.
Cons
High Monthly Association Fee: The association fee of $765.96 per month is substantial and adds a significant recurring cost to homeownership, especially for a 1-bedroom unit.
Compact Living Space: With 1 bedroom, 1 bathroom, and 830 square feet, the unit offers limited living space, which may not suit buyers seeking larger accommodations or families.
Potential for Urban Noise: Located on a major thoroughfare like Wilshire Boulevard in a dense urban environment, the property may be subject to higher levels of street noise.