ActiveResidential · sale

10501 Wilshire Boulevard 1007

Los Angeles, CA 90024

$899,000

  • 1 beds
  • 1 baths
  • 979 sq ft
  • 0.97 acres
  • Built 1963

Listed by Compass · MLS #26843601

10501 Wilshire Boulevard 1007, Los Angeles, CA 90024 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1963.

Property size

0.97 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Experience elevated living in this meticulously remodeled 979squarefoot luxury condominium ideally positioned on the 10th floor of a prestigious midcentury modern tower along the renowned Wilshire Corridor Reimagined in 2023 with a sleek contemporary aesthetic this exceptional residence blends glass metal and refined architectural details to create a truly oneofakind urban retreat The openconcept floor plan is flooded with natural light and offers sweeping city views from every room Dramatic 8foot and 12foot ceilings recessed LED lighting crown molding with integrated LED cove lighting and a stunning Arland tiered dimmable chandelier create an elegant and inviting atmosphere throughout Highgloss largeformat porcelain and glass tile flooring powdercoated aluminum floor moldings and radiant heated floors with three independent zones further elevate the homes luxurious appeal Designed with comfort and tranquility in mind the residence features a comprehensive sounddampening ceiling system with sound isolation clips double drywall and insulation Lowemissivity doublepane windows and balcony doors along with five custom electric roller shades concealed within architectural soffits provide both energy efficiency and privacy The spacious living area is anchored by a dramatic 60inch linear fireplace with customizable dualcolor flames crystal accents and integrated heat Custom TV niches and prewiring for audio systems in multiple rooms make the home ideal for modern entertainment The chefinspired kitchen showcases highgloss cabinetry with pushtoopen doors softclose drawers maple interiors custom LED undercabinet lighting and striking solidslab glass countertops and backsplash Premium Bosch appliances include a builtin oven microwave induction cooktop electric grill whisperquiet dishwasher counterdepth glassdoor refrigerator and dual venting systems routed directly to the building exhaust A large workstation sink with integrated water filtration completes the space The oversized spalike bathroom is thoughtfully designed with dual access from both the bedroom and living area serving equally well as a luxurious primary bath and elegant guest bath A spectacular Starphire glassenclosed wet room features a 68inch freestanding solidsurface soaking tub oversized shower with rain head and handheld sprayers floortoceiling tile an Italian wallmounted vanity recessed LED medicine cabinet and a Kohler Veil smart toilet with integrated bidet Premium Rubinet Ice crystal fixtures add a distinctive designer touch Storage has been carefully considered with a cedarlined coat closet custom California Closets modern French doors crystal hardware and sophisticated aluminum detailing throughout Residents enjoy the convenience and prestige of a fullservice building offering 24hour concierge and valet services a resortstyle outdoor pool and a fully equipped fitness center HOA dues include all utilities internet service and DirecTV with premium channels A rare opportunity to own a fully customized moveinready luxury residence where exceptional design advanced comfort and premier Wilshire Corridor living come together seamlessly Assumable loan of 199 APR is available subject to credit worthiness and other terms of the lender Separate studio apartments are available in the building for visiting guests as well as a limited number of offices that can be rented subject to availability
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THE NEIGHBORHOOD

Explore the location.

10501 Wilshire Boulevard 1007, Los Angeles, CA 90024

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1963
Full baths
1
Half baths
0
Cooling
CentralAir,Dual
Heating
Central,Fireplaces,Radiant
Appliances
Dishwasher,ElectricCooktop,Disposal,Microwave,Oven,Refrigerator,Dryer,Washer
Pool
No
Pool features
Heated,Association
Zoning
LAR5
Parcel
4360034055
HOA amenities
Electricity,MaintenanceGrounds,MeetingRoom,Pool,PetRestrictions,Security,Trash,CableTv,Utilities,Water
HOA fee frequency
Monthly
HOA fee
$1,669.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$3,745.83
Cap rate—

Annual operating income: —

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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10501 Wilshire Boulevard 1007, Los Angeles, CA 90024 · MLS #26843601

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Listing information

MLS #26843601 · California Regional MLS

Listing brokerage: Compass
Listing agent: Mark K. Rogo

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.