1234 Wilshire Boulevard 433, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath

1234 Wilshire Boulevard 433, Los Angeles, California 90017 home-pic-0
ACTIVE$350,000
1234 Wilshire Boulevard 433, Los Angeles, California 90017
1Bed
1Bath
700Sqft
71,352Lot
Year Built
2006
Close
-
List price
$350K
Original List price
$385K
Price/Sqft
$500
HOA
$831
Days on market
-
Sold On
-
MLS number
25587751
Home ConditionGood
Features
Good View:
Deck
View

About this home

We found 3 Cons,5 Pros. Rank: price - $350.0K(14th), sqft - 700(34th), beds - 1(50th), baths - 1(50th).

*Recently FHA/Fannie Mae Approved Building* Modern Comfort in the Heart of Downtown LA Vero Living at Its Finest. Welcome to Unit #433 at the coveted Vero community a sleek and stylish 1-bedroom, 1-bathroom condo offering 700 square feet of contemporary living in one of Los Angeles' most vibrant urban neighborhoods. Thoughtfully designed with clean lines and natural light, this unit features an open-concept layout complemented by rich hardwood floors, high ceilings, and expansive windows that invite warmth and brightness throughout the space. The modern kitchen boasts European-style cabinetry, stainless steel appliances, and ample quartz counter space perfect for cooking or entertaining. The spacious living and dining area flows seamlessly into a private balcony, creating an ideal indoor-outdoor lifestyle. The bedroom offers a peaceful retreat with a custom closet and a bathroom adorned with sleek finishes. Additional highlights include central air conditioning for year-round comfort and an in-unit washer and dryer for everyday convenience. Enjoy two assigned gated parking spaces and access to Vero's top-tier amenities, including a resort-style heated pool and spa, 24-hour fitness center, dry sauna, yoga/dance studio, business center/library, barbecue areas, concierge service, and 24-hour security. Water and trash are included in the HOA dues. Ideally located on Wilshire Blvd, Vero offers quick access to LA Live, Crypto.com Arena, Koreatown, the Financial District, and a world of shopping, dining, and entertainment options. Whether you're seeking your first home or an investment opportunity, Unit #433 blends luxury, comfort, and convenience in the heart of the city. Fannie Mae Approved Building.

Price History

Date
Event
Price
12/16/25
Price Change
$350,000-4.1%
09/25/25
Price Change
$365,000-5.2%
09/04/25
Listing
$385,000
09/10/15
Sold
$435,000
02/27/07
Sold
$320,000
Condition Rating
Good

Built in 2006, this condo falls within the 'good' condition criteria for its age (10-20 years old). The unit is move-in ready with no immediate renovation required. The kitchen features modern European-style cabinetry, stainless steel appliances (microwave, dishwasher, range), and quartz countertops, all appearing well-maintained. The bathroom also boasts sleek finishes, a modern vanity with a vessel sink, and a contemporary light fixture. Hardwood floors are present in the main living areas, with carpet in the bedroom, all in good condition. Central air conditioning and in-unit laundry are functional and modern conveniences. Overall, the property shows minimal wear and tear and is well-maintained, aligning perfectly with a 'good' rating.
Pros & Cons

Pros

Prime Downtown LA Location: Ideally located on Wilshire Blvd, offering quick access to major attractions like LA Live, Crypto.com Arena, Koreatown, and the Financial District, providing a vibrant urban lifestyle.
Extensive Luxury Amenities: The Vero community boasts top-tier amenities including a resort-style heated pool and spa, 24-hour fitness center, dry sauna, yoga/dance studio, business center, barbecue areas, concierge, and 24-hour security.
FHA/Fannie Mae Approved Building: The building's FHA/Fannie Mae approval significantly broadens the potential buyer pool and simplifies financing options for prospective owners.
Two Assigned Gated Parking Spaces: A rare and highly valuable asset in Downtown LA, the inclusion of two assigned gated parking spaces offers exceptional convenience and security.
Modern Unit Features & Conveniences: The unit features a modern kitchen with European-style cabinetry and stainless steel appliances, hardwood floors, high ceilings, central AC, and an in-unit washer/dryer, ensuring contemporary comfort.

Cons

High Monthly HOA Dues: The association fee of $831.0 per month is substantial, which could impact affordability and long-term ownership costs, despite including water and trash.
Compact Unit Size: At 700 square feet, the 1-bedroom unit is relatively compact, which may limit living space and appeal to buyers seeking more expansive accommodations.
Recent Price Reductions & Value Trend: Multiple price reductions from the original list price of $385,000 to $350,000, and being listed below its 2015 sale price of $435,000, suggest potential challenges with market value or initial overpricing.

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