1234 Wilshire Boulevard 520, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath
ACTIVE$549,000
1234 Wilshire Boulevard 520, Los Angeles, California 90017
1Bed
1Bath
920Sqft
71,352Lot
Year Built
2006
Close
-
List price
$549K
Original List price
$569K
Price/Sqft
$597
HOA
$880
Days on market
-
Sold On
-
MLS number
25489807
Home ConditionGood
Features
Good View: City Lights
Pool
ViewCity Lights
About this home
We found 3 Cons,5 Pros. Rank: price - $549.0K(50th), sqft - 920(62th), beds - 1(50th), baths - 1(50th).
Highly sought-after top-floor unit in the stunning Vero! This open, modern floor plan features a fully updated bathroom with an Italian vanity and beautiful laminate flooring. The one-bedroom, one-bathroom unit comes with stainless steel appliances, a washer and dryer, and two parking spaces. Vero offers premium amenities, including a resort-style sauna, heated swimming pool, dry spa, state-of-the-art fitness center, yoga studio, and 24-hour security. Centrally located near shops and restaurants in Koreatown, Downtown LA, and Hollywood, with convenient freeway access. Welcome home! We're seeking stylish and discerning residents.
Price History
Date
Event
Price
09/18/19
Sold
$569,000
07/17/15
Sold
$508,000
03/14/07
Sold
$414,000
Condition Rating
Good
Built in 2006, this unit is 18 years old, placing it within the 'Good' age range. The listing explicitly states a 'fully updated bathroom with an Italian vanity' and 'beautiful laminate flooring,' along with 'stainless steel appliances.' The images confirm a modern aesthetic throughout, with contemporary kitchen cabinets, well-maintained stainless steel appliances, and clean, updated flooring. While not a brand-new construction or explicitly stated as a full renovation within the last 5 years, the significant updates to key areas like the kitchen, bathroom, and flooring make it move-in ready with a very current style and minimal wear, aligning perfectly with the 'Good' condition criteria.
Pros & Cons
Pros
Premium Building Amenities: The Vero building offers an extensive array of premium amenities including a resort-style sauna, heated swimming pool, dry spa, state-of-the-art fitness center, yoga studio, and 24-hour security, enhancing lifestyle and value.
Prime Central Location: Strategically located near shops and restaurants in Koreatown, Downtown LA, and Hollywood, with convenient freeway access, offering unparalleled urban convenience and connectivity.
Modern & Updated Interior: Features an open, modern floor plan with a fully updated bathroom including an Italian vanity, beautiful laminate flooring, stainless steel appliances, and in-unit washer and dryer, providing a move-in ready experience.
Top-Floor Unit with City Views: As a highly sought-after top-floor unit, it likely offers enhanced privacy, reduced noise from above, and desirable city lights views.
Two Dedicated Parking Spaces: The inclusion of two parking spaces is a significant advantage in a dense urban environment like Los Angeles, adding considerable convenience and value.
Cons
High Association Fees: The monthly association fee of $880.0 is substantial and represents a significant ongoing cost that could impact affordability and long-term ownership expenses.
Limited Bedroom Count: As a one-bedroom unit, its appeal is limited to single individuals or couples, potentially restricting the buyer pool and future resale value for those seeking more space or additional rooms.
Potential for Urban Noise: Despite being a top-floor unit, its location on Wilshire Boulevard in a bustling urban center like Downtown LA may expose residents to significant street noise and city sounds.