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1234 Wilshire Boulevard 527, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 2 bath

1234 Wilshire Boulevard 527, Los Angeles, California 90017 home-pic-0
ACTIVE$499,000
1234 Wilshire Boulevard 527, Los Angeles, California 90017
1Bed
2Baths
1,130Sqft
71,352Lot
Year Built
2006
Close
-
List price
$499K
Original List price
$539K
Price/Sqft
$442
HOA
$828
Days on market
-
Sold On
-
MLS number
SR25059943
Home ConditionExcellent
Features
Good View: City Lights, Pool
Pool
ViewCity Lights,Pool

About this home

We found 3 Cons,5 Pros. Rank: price - $499.0K(41th), sqft - 1130(76th), beds - 1(50th), baths - 2(50th).

Incredible Price for TOP FLOOR stylish penthouse 1-bedroom, 1.5-bathroom residence spans 1130 square feet and offers an unparalleled urban lifestyle. Upon entering, you'll be greeted by the stunning newly renovated pool views that create a serene ambiance. The unit features hardwood floors, air conditioning, and a security system for your peace of mind. The open-concept layout seamlessly integrates the living and dining areas, perfect for entertaining.The building amenities are equally impressive, including a barbecue area, 24 hour security, concierge, and an elevator for convenience. Residents have access to a fully equipped fitness center, a refreshing pool, and a yoga studio for their fitness needs. For added convenience, the unit comes equipped with central air with brand new AC unit, washer unit, dishwasher, refrigerator, and range. In the underground gated garage you'll find 2 assigned parking, personal EV charger installed, newly installed storage unit and guest parking available. HOA included water, trash, amenities, controlled access, security, and parking Don't miss the opportunity to experience urban luxury living at its finest. This is a must-see property for those seeking a modern, upscale lifestyle in Los Angeles. Pet friendly building.

Price History

Date
Event
Price
05/06/11
Sold
$327,003
Condition Rating
Excellent
Built in 2006, this property has undergone significant recent updates. The description explicitly states 'newly renovated' and highlights a 'brand new AC unit.' The images confirm a modern, updated aesthetic throughout, particularly in the kitchen and bathrooms. The kitchen features contemporary flat-panel cabinetry, stainless steel appliances, and recessed lighting, all appearing in pristine condition. Bathrooms boast modern vessel sinks, floating vanities, and large format tiling, indicating a recent, high-quality renovation. Hardwood floors are in excellent shape, and the overall unit presents as virtually new with no visible deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Extensive Luxury Amenities: The building offers a comprehensive suite of high-end amenities including 24-hour security, concierge service, a fully equipped fitness center, refreshing pool, yoga studio, and barbecue area, providing an unparalleled urban lifestyle.
Premium Penthouse Unit Features: As a top-floor penthouse, the unit boasts a spacious 1130 sqft for a 1-bedroom, 1.5 bathrooms, hardwood floors, central air with a brand new AC unit, and in-unit washer/dryer, offering modern and comfortable living.
Exceptional Parking & Storage: A significant advantage in downtown LA, the property includes two assigned underground gated parking spaces, a personal EV charger, a newly installed storage unit, and guest parking, adding immense value and convenience.
Desirable Downtown LA Location & Views: Situated on Wilshire Boulevard in the vibrant Downtown LA area, the unit offers appealing city lights and newly renovated pool views, placing residents at the heart of urban activity.
Pet-Friendly Building Policy: The building's pet-friendly policy significantly broadens its appeal to a large segment of the buyer market, making it an attractive option for pet owners.

Cons

High Monthly HOA Fees: The association fee of $828 per month is substantial and could be a deterrent for some buyers, despite the extensive amenities included.
Limited Bedroom Count: While spacious, the 1-bedroom configuration may limit the potential buyer pool, as many families or those needing more space might seek 2-bedroom or larger units.
Urban Environment Drawbacks: Despite the luxury, the downtown Los Angeles location inherently comes with potential drawbacks such as higher noise levels, traffic congestion, and limited green spaces, which may not appeal to all lifestyle preferences.

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