10550 Wilshire Blvd #103 · Los Angeles, CA 90024

$741,000

2 bd · 2.0 ba · 1,711 sqft · Condo public records · 50 Days on market

Built 1981 $433/sqft · 38% below area Est $1189k · 38% under $2883/mo HOA · 45% of rent

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Appreciation +6.0/10.0
• Cash flow +3.6/30.0
• 1% rule +3.6/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +0.0/10.0

Listing remarks MLS

HUGE PRICE IMPROVEMENT!! DOWN $50K!! Welcome to The Wilshire Thayer, an intimate high‑rise of just 50 residences perfectly situated along the prestigious Wilshire Corridor. This single‑level, first‑floor corner unit offers 2 bedrooms, 2 bathrooms, and approximately 1,711 sq ft of thoughtfully designed living space, blending classic charm with a neutral, versatile palette. The entryway, accented with timeless marble flooring, leads to a sun‑filled living room framed by floor‑to‑ceiling windows on two sides. Set just above street level, this inviting space opens to private balconies with views of Thayer Avenue, Wilshire Boulevard, and the beautiful, tree‑lined street below. Open the doors to enjoy gentle breezes and abundant natural light, creating a bright, airy ambiance with a seamless connection to its urban yet serene surroundings. The spacious primary suite features two walk‑in closets and a bath with dual vanities, a separate soaking tub, and a walk‑in shower—functional and comfortable, while ready for tasteful updates. Throughout the home, new flooring and recessed kitchen lighting enhance the original charm with a warm, neutral aesthetic, while the well‑designed floor plan offers both comfort today and a versatile canvas for future customization. Residents of The Wilshire Thayer enjoy full‑service amenities, including valet parking, concierge, 24‑hour security, gated garage parking, controlled access, an elegant lobby, and additional storage. Ideally located near UCLA, Westwood Village, Century City, and Beverly Hills, this Wilshire Corridor residence provides effortless access to world‑class shopping, dining, and cultural attractions, offering the perfect opportunity to bring your vision and experience the best of Los Angeles living.

Key facts

• Private balconies
• Marble flooring
• En suite bathroom

Tags

• FIRST FLOOR CORNER RESIDENCE
• FULL SERVICE HIGH RISE
• PRIVATE BALCONIES
• FLOOR TO CEILING WINDOWS
• MARBLE FLOORING
• EN SUITE BATHROOM

Property features AI

Finance

• Other: No Mello-Roos tax; Zoning: LAR5
• Financial info: Listing terms: Cash or cash to new loan
• HOA & community: Monthly HOA dues; HOA fees include trash, water and sewer, on-site security, building and grounds, and cable TV; Amenities include concierge, controlled access, elevator, 24-hour concierge, valet parking, entrance lobby; Complex of about 50 units; Community boat ramp; Association pet rules: call/yes; Management company: Seabreaze Management Co.

Exterior

• Parking: Assigned subterranean tandem parking; 2 total parking spaces (2 covered)
• Security: Controlled access; On-site security; Concierge
• Utilities: Public district water; Sewer connected and paid / in street paid
• Home design: Residential condominium (attached, high rise); One level; Entry floor: 1; Builder: The Wilshire Thayer
• Construction: Attached building
• Exterior features: Balcony; Peek-a-boo view; No sprinklers

Interior

• Kitchen: Range; Double oven; Tile counters; Dishwasher; Refrigerator; Garbage disposal; Range/oven
• Bedrooms: Walk-in closet
• Flooring: Tile floors
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heat; Central air conditioning
• Interior features: Recessed lighting; Elevator entry; Plantation shutters; Fireplace in living room (1)
• Laundry & utility: Laundry in closet

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $741k.

Deal economics

• At list price, monthly cash flow is $-2k ($-27k/yr) — negative.
• To cash-flow at today's rent, offer at most $349k (52.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $634k (14.5% below list).
• Recommended offer: $349k (52.9% below list) — sets the bar for cash-flow.
• Cap rate 2.7% vs local median 2.1% in Los Angeles — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 68/100 on livability (#273 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment B; Watch: health & safety C-, schools D+, crime F.
• Los Angeles Unified (urban): math 29% / reading 54% proficiency, ranked #223 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 226 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
• At $6,337/mo this rent would consume 99% of the median local household income ($77k/yr) (locally 5508% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $20k of equity ($5k loan paydown + $15k appreciation (2.0% local appreciation)).
• Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 3, paydown + projected appreciation supports a ~$51k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 50 days — a 3% lower offer ($719k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 29y ago; this cycle's ask has dropped $39k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 45% of rent.
• Climate carrying-cost: major flood risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $349,139 (52.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 53% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.86% ✗
• Cap rate: 2.70%
• Cash-on-cash: -12.83%
• DSCR: 0.43
• GRM: 9.7

CMA / ARV

• ARV (median comp): $1,188,949
• List price: $741,000
• Delta: -37.68%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

2.01% appreciation · 0.17% rent growth · sell at horizon

5-year hold

• IRR: -9.6%
• Equity multiple: 0.49×
• Total profit: $-106,097
• Equity at exit: $292,845

10-year hold

• IRR: -5.4%
• Equity multiple: 0.28×
• Total profit: $-149,393
• Equity at exit: $422,143

Cash invested: $207,480 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City Los Angeles: 0 Strongly Tenant-Friendly · D+22

LARSO + JCEO 2023; relocation for substantial remodel evictions.

Methodology + full state rankings →

ZIP-level market 90024

• Home prices YoY: 0.7%
• Rents YoY: 0.2%
• Active inventory: 226
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $6,337 high
• Mortgage (P&I): −$3,886
• Tax from tax record: −$147 /mo · $1,764/yr
• Insurance: −$309
• HOA: −$2,883
• Vacancy / Maint / Mgmt: −$1,331
• Net cashflow: $-2,218

Break-even live

Break-even rent $9,145

Max offer price $349,139

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $185,250
• Closing costs: $22,230
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10520 Wilshire Blvd Los Angeles, CA	2.0–3.0	2.0–3.0	1646	$6,500	$3.95	5d	2	0.03mi
10520 Wilshire Blvd #1207 Los Angeles, CA	3.0	3.0	1889	$10,500	$5.56	43d	1	0.03mi
10550 Wilshire Blvd #1204 Los Angeles, CA	2.0	2.0	1711	$9,000	$5.26	43d	1	0.03mi
10523 Ashton Ave #202 Los Angeles, CA	2.0	2.5	1820	$6,250	$3.43	44d	1	0.03mi
10535 Wilshire Blvd Los Angeles, CA	2.0	2.0	1211	$5,000	$4.13	43d	3	0.06mi
10535 Wilshire Blvd Los Angeles, CA	1.0–2.0	2.0	1341	$11,000	$8.20	2d	4	0.06mi
10560 Wilshire Blvd #1706 Los Angeles, CA	1.0	1.5	1828	$10,500	$5.74	43d	1	0.07mi
10564 Ashton Ave Los Angeles, CA	3.0	2.5	2009	$8,950	$4.45	24d	1	0.10mi
10490 Wilshire Blvd #1102 Los Angeles, CA	2.0	3.0	1682	$8,500	$5.05	19d	1	0.12mi
10450 Wilshire Blvd Los Angeles, CA	2.0–3.0	2.0–3.0	1755	$6,500	$3.70	18d	2	0.18mi
10450 Wilshire Blvd Unit 6D-1 &2 Los Angeles, CA	1.0	1.5	1050	$4,400	$4.19	11d	1	0.19mi
10450 Wilshire Blvd Unit 12A Los Angeles, CA	3.0	3.0	2100	$7,500	$3.57	20d	1	0.19mi
10450 Wilshire Blvd Unit 12A Los Angeles, CA	3.0	2.5	2082	$7,500	$3.60	43d	1	0.19mi
10600 Wilshire Blvd Los Angeles, CA	2.0	2.0	1161	$3,600	$3.10	43d	1	0.19mi
10445 Wilshire Blvd #305 Los Angeles, CA	2.0	2.0	1945	$6,350	$3.26	5d	1	0.21mi
10445 Wilshire Blvd #305 Los Angeles, CA	2.0	2.0	1945	$6,350	$3.26	43d	1	0.21mi
10445 Wilshire Blvd #305 Los Angeles, CA	2.0	2.0	1945	$6,495	$3.34	20d	1	0.21mi
10645 Wilshire Blvd #101 Los Angeles, CA	2.0	2.0	1540	$4,950	$3.21	17d	1	0.21mi
10430 Wilshire Blvd Los Angeles, CA	2.0	2.5–3.0	2515	$9,200	$3.66	7d	2	0.22mi
10655 Wilshire Blvd Ph 5 Los Angeles, CA	2.0	2.0	1100	$3,650	$3.32	24d	1	0.23mi
10655 Wilshire Blvd Unit 303 Los Angeles, CA	2.0	2.0	1100	$3,350	$3.05	43d	1	0.23mi
10655 Wilshire Blvd Unit 301 Los Angeles, CA	2.0	2.0	1400	$4,200	$3.00	20d	1	0.23mi
10655 Wilshire Blvd Los Angeles, CA	2.0	2.0	1100	$3,650	$3.32	43d	1	0.23mi
10655 Wilshire Blvd Unit 201 Los Angeles, CA	2.0	2.0	1400	$4,000	$2.86	43d	1	0.23mi
10433 Wilshire Blvd #1001 Los Angeles, CA	2.0	2.0	1322	$5,750	$4.35	43d	1	0.24mi
10660 Wilshire Blvd Los Angeles, CA	3.0	1.0–4.5	1529	$10,733	$7.02	10d	3	0.25mi
10660 Wilshire Blvd Los Angeles, CA	3.0	1.0–4.5	1529	$10,733	$7.02	43d	2	0.25mi
1277 S Beverly Glen Blvd Los Angeles, CA	2.0	2.0–3.0	1655	$5,988	$3.62	12d	2	0.26mi
1277 S Beverly Glen Blvd Los Angeles, CA	2.0	2.0–3.0	1655	$5,738	$3.47	5d	2	0.26mi
10701 Wilshire Blvd #1903 Los Angeles, CA	2.0	2.0	1304	$5,800	$4.45	20d	1	0.27mi
1333 S Beverly Glen Blvd #405 Los Angeles, CA	3.0	3.0	2157	$9,900	$4.59	7d	1	0.28mi
10630 Wellworth Ave Los Angeles, CA	3.0	2.0	2077	$7,800	$3.76	43d	1	0.29mi
10700 Wilshire Blvd Los Angeles, CA	1.0–2.0	1.0–2.0	1457	$7,425	$5.10	2d	3	0.30mi
10717 Wilshire Blvd Los Angeles, CA	3.0	1.0–2.5	1438	$4,917	$3.42	19d	15	0.30mi
1377 S Beverly Glen Blvd Los Angeles, CA	2.0	2.0	1200	$3,100	$2.58	43d	1	0.31mi
10401 Wilshire Blvd Los Angeles, CA	1.0–2.0	1.0	962	$4,460	$4.63	2d	5	0.32mi
1340 S Beverly Glen Blvd #107 Los Angeles, CA	2.0	2.0	1201	$4,800	$4.00	15d	1	0.33mi
1340 S Beverly Glen Blvd Los Angeles, CA	2.0	2.0	1201	$4,500	$3.75	20d	2	0.33mi
10390 Wilshire Blvd Los Angeles, CA	1.0–4.0	1.5–4.0	2272	$7,130	$3.14	15d	15	0.33mi
10727 Wilshire Blvd Los Angeles, CA	2.0	3.0–3.5	2279	$17,425	$7.65	43d	2	0.33mi

HOA detail condo

• Monthly dues: $2,883 · $34,596/yr
• Likely covers: doormansecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 27 events

1. 2026-06-18
   days on market $741,000 Active 50 DOM
2. 2026-06-17
   days on market $741,000 Active 49 DOM
3. 2026-06-16
   days on market $741,000 Active 48 DOM
4. 2026-06-15
   days on market $741,000 Active 47 DOM
5. 2026-06-13
   days on market $741,000 Active 45 DOM
6. 2026-06-09
   days on market $741,000 Active 41 DOM
7. 2026-06-08
   days on market $741,000 Active 40 DOM
8. 2026-06-07
   days on market $741,000 Active 39 DOM
9. 2026-06-04
   days on market $741,000 Active 36 DOM
10. 2026-06-03
    days on market $741,000 Active 35 DOM
11. 2026-06-02
    days on market $741,000 Active 34 DOM
12. 2026-06-01
    days on market $741,000 Active 33 DOM
13. 2026-05-31
    days on market $741,000 Active 32 DOM
14. 2026-04-28
    listed $780,000 Active 1768-char remark
15. 2026-04-13
    historical 1783-char remark

    Show marketing remark (1783 chars)

    HUGE PRICE IMPROVEMENT!! DOWN $50K!! Welcome to The Wilshire Thayer, an intimate high‑rise of just 50 residences perfectly situated along the prestigious Wilshire Corridor. This single‑level, first‑floor corner unit offers 2 bedrooms, 2 bathrooms, and approximately 1,711 sq ft of thoughtfully designed living space, blending classic charm with a neutral, versatile palette. The entryway, accented with timeless marble flooring, leads to a sun‑filled living room framed by floor‑to‑ceiling windows on two sides. Set just above street level, this inviting space opens to private balconies with views of Thayer Avenue, Wilshire Boulevard, and the beautiful, tree‑lined street below. Open the doors to enjoy gentle breezes and abundant natural light, creating a bright, airy ambiance with a seamless connection to its urban yet serene surroundings. The spacious primary suite features two walk‑in closets and a bath with dual vanities, a separate soaking tub, and a walk‑in shower—functional and comfortable, while ready for tasteful updates. Throughout the home, new flooring and recessed kitchen lighting enhance the original charm with a warm, neutral aesthetic, while the well‑designed floor plan offers both comfort today and a versatile canvas for future customization. Residents of The Wilshire Thayer enjoy full‑service amenities, including valet parking, concierge, 24‑hour security, gated garage parking, controlled access, an elegant lobby, and additional storage. Ideally located near UCLA, Westwood Village, Century City, and Beverly Hills, this Wilshire Corridor residence provides effortless access to world‑class shopping, dining, and cultural attractions, offering the perfect opportunity to bring your vision and experience the best of Los Angeles living.

16. 2026-01-10
    price $799,000 1783-char remark

    Show marketing remark (1783 chars)

    HUGE PRICE IMPROVEMENT!! DOWN $50K!! Welcome to The Wilshire Thayer, an intimate high‑rise of just 50 residences perfectly situated along the prestigious Wilshire Corridor. This single‑level, first‑floor corner unit offers 2 bedrooms, 2 bathrooms, and approximately 1,711 sq ft of thoughtfully designed living space, blending classic charm with a neutral, versatile palette. The entryway, accented with timeless marble flooring, leads to a sun‑filled living room framed by floor‑to‑ceiling windows on two sides. Set just above street level, this inviting space opens to private balconies with views of Thayer Avenue, Wilshire Boulevard, and the beautiful, tree‑lined street below. Open the doors to enjoy gentle breezes and abundant natural light, creating a bright, airy ambiance with a seamless connection to its urban yet serene surroundings. The spacious primary suite features two walk‑in closets and a bath with dual vanities, a separate soaking tub, and a walk‑in shower—functional and comfortable, while ready for tasteful updates. Throughout the home, new flooring and recessed kitchen lighting enhance the original charm with a warm, neutral aesthetic, while the well‑designed floor plan offers both comfort today and a versatile canvas for future customization. Residents of The Wilshire Thayer enjoy full‑service amenities, including valet parking, concierge, 24‑hour security, gated garage parking, controlled access, an elegant lobby, and additional storage. Ideally located near UCLA, Westwood Village, Century City, and Beverly Hills, this Wilshire Corridor residence provides effortless access to world‑class shopping, dining, and cultural attractions, offering the perfect opportunity to bring your vision and experience the best of Los Angeles living.

17. 2025-12-02
    listed $849,000 Active 1783-char remark

    Show marketing remark (1783 chars)

    HUGE PRICE IMPROVEMENT!! DOWN $50K!! Welcome to The Wilshire Thayer, an intimate high‑rise of just 50 residences perfectly situated along the prestigious Wilshire Corridor. This single‑level, first‑floor corner unit offers 2 bedrooms, 2 bathrooms, and approximately 1,711 sq ft of thoughtfully designed living space, blending classic charm with a neutral, versatile palette. The entryway, accented with timeless marble flooring, leads to a sun‑filled living room framed by floor‑to‑ceiling windows on two sides. Set just above street level, this inviting space opens to private balconies with views of Thayer Avenue, Wilshire Boulevard, and the beautiful, tree‑lined street below. Open the doors to enjoy gentle breezes and abundant natural light, creating a bright, airy ambiance with a seamless connection to its urban yet serene surroundings. The spacious primary suite features two walk‑in closets and a bath with dual vanities, a separate soaking tub, and a walk‑in shower—functional and comfortable, while ready for tasteful updates. Throughout the home, new flooring and recessed kitchen lighting enhance the original charm with a warm, neutral aesthetic, while the well‑designed floor plan offers both comfort today and a versatile canvas for future customization. Residents of The Wilshire Thayer enjoy full‑service amenities, including valet parking, concierge, 24‑hour security, gated garage parking, controlled access, an elegant lobby, and additional storage. Ideally located near UCLA, Westwood Village, Century City, and Beverly Hills, this Wilshire Corridor residence provides effortless access to world‑class shopping, dining, and cultural attractions, offering the perfect opportunity to bring your vision and experience the best of Los Angeles living.

18. 2025-12-01
    historical

    Show marketing remark (1743 chars)

    Welcome to The Wilshire Thayer, an intimate high‑rise of just 50 residences perfectly situated along the prestigious Wilshire Corridor. This single‑level, first‑floor corner unit offers 2 bedrooms, 2 bathrooms, and approximately 1,711 sq ft of thoughtfully designed living space, blending classic charm with a neutral, versatile palette. The entryway, accented with timeless marble flooring, leads to a sun‑filled living room framed by floor‑to‑ceiling windows on two sides. Set just above street level, this inviting space opens to private balconies with views of Thayer Avenue, Wilshire Boulevard, and the beautiful, tree‑lined street below. Open the doors to enjoy gentle breezes and abundant natural light, creating a bright, airy ambiance with a seamless connection to its urban yet serene surroundings. The spacious primary suite features two walk‑in closets and a bath with dual vanities, a separate soaking tub, and a walk‑in shower—functional and comfortable, while ready for tasteful updates. Throughout the home, new flooring and recessed kitchen lighting enhance the original charm with a warm, neutral aesthetic, while the well‑designed floor plan offers both comfort today and a versatile canvas for future customization. Residents of The Wilshire Thayer enjoy full‑service amenities, including valet parking, concierge, 24‑hour security, gated garage parking, controlled access, an elegant lobby, and additional storage. Ideally located near UCLA, Westwood Village, Century City, and Beverly Hills, this Wilshire Corridor residence provides effortless access to world‑class shopping, dining, and cultural attractions, offering the perfect opportunity to bring your vision and experience the best of Los Angeles living.

19. 2025-09-06
    listed $875,000 Active

    Show marketing remark (1743 chars)

    Welcome to The Wilshire Thayer, an intimate high‑rise of just 50 residences perfectly situated along the prestigious Wilshire Corridor. This single‑level, first‑floor corner unit offers 2 bedrooms, 2 bathrooms, and approximately 1,711 sq ft of thoughtfully designed living space, blending classic charm with a neutral, versatile palette. The entryway, accented with timeless marble flooring, leads to a sun‑filled living room framed by floor‑to‑ceiling windows on two sides. Set just above street level, this inviting space opens to private balconies with views of Thayer Avenue, Wilshire Boulevard, and the beautiful, tree‑lined street below. Open the doors to enjoy gentle breezes and abundant natural light, creating a bright, airy ambiance with a seamless connection to its urban yet serene surroundings. The spacious primary suite features two walk‑in closets and a bath with dual vanities, a separate soaking tub, and a walk‑in shower—functional and comfortable, while ready for tasteful updates. Throughout the home, new flooring and recessed kitchen lighting enhance the original charm with a warm, neutral aesthetic, while the well‑designed floor plan offers both comfort today and a versatile canvas for future customization. Residents of The Wilshire Thayer enjoy full‑service amenities, including valet parking, concierge, 24‑hour security, gated garage parking, controlled access, an elegant lobby, and additional storage. Ideally located near UCLA, Westwood Village, Century City, and Beverly Hills, this Wilshire Corridor residence provides effortless access to world‑class shopping, dining, and cultural attractions, offering the perfect opportunity to bring your vision and experience the best of Los Angeles living.

20. 2006-01-05
    soldstatus $730,000
21. 2006-01-05
    soldstatus $730,000
22. 2005-10-26
    historical
23. 2005-10-19
    listed $749,000
24. 1998-04-24
    soldstatus $280,000
25. 1998-04-16
    soldstatus $280,000
26. 1998-04-07
    historical
27. 1997-12-24
    listed $299,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $1,764 · $147/mo
• Projected year-2 tax: $5,632 · $469/mo
• Expected delta: +$3,867/yr (+$322/mo · 219.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 27% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥86°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $76,047
• − Mortgage interest: −$41,508
• − Property taxes: −$1,764
• − Insurance: −$3,705
• − Repairs & maintenance: −$6,084
• − Management: −$6,084
• − HOA: −$34,596
• − Depreciation: −$21,556
• Taxable loss: −$39,250
• Est. tax savings @ 24.0%: +$9,420
• After-tax cash flow: $-17,199/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Los Angeles Unified
• NCES district ID: 0622710
• Math proficiency: 29% ▼ -4.00%
• Reading proficiency: 54% ▲ 10.00%
• Median HH income: $50,403
• Composite: 35.67/100
• National rank: #4875
• State rank: #223 of 517 in CA

Livability — Los Angeles

• Score: 68/100
• State rank: #273
• US rank: #9237

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment B Housing B- Health & safety C- User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Los Angeles, CA
• County: Los Angeles County · 9,444,647 people
• City population: 3,838,149
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 51,675
• Household income: $76,583
• Rent vs Own: 67.5% rent · 32.5% own
• Severe rent burden: 5508.0

Population outlook (Los Angeles County) Hauer SSP2

• Today (2025): 10,940,515 people
• By 2030: 11,256,481 · +2.9%
• By 2040: 11,729,929 · +7.2%
• By 2050: 11,948,407 · +9.2%
• By 2075: 11,818,114 · +8.0%
• By 2100: 10,842,928 · -0.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: White 49% Asian 27% Hispanic / Latino 13% Two or more races 9% Black 4%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Italian 3% Scotch-Irish 3% Romanian 3%
• Foreign-born: 28% · China, Canada, South Korea
• Languages at home: 53% English-only · Other Indo-European 13% Spanish 10% Chinese 9%

Political lean MEDSL · Los Angeles

• 2024 margin: Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
• 2008→2024 swing: -7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
• All cycles: 2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 2.01%
• Current HPI: 302.6832
• Rent YoY: ▲ 0.17%
• Metro: Los Angeles-Long Beach-Anaheim, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+147.1% since first listed

15 events — show timeline

• 2026-05-29 Price Changed $741,000 TheMLS
• 2026-04-28 Listed $780,000 TheMLS
• 2026-04-13 Listing Removed — CSMAR
• 2026-01-10 Price Changed $799,000 CSMAR
• 2025-12-02 Listed $849,000 CSMAR
• 2025-12-01 Listing Removed — CSMAR
• 2025-09-06 Listed $875,000 CSMAR
• 2006-01-05 Sold (Public Records) $730,000 Public Records
• 2006-01-05 Sold (MLS) $730,000 TheMLS
• 2005-10-26 Delisted — TheMLS
• 2005-10-19 Listed $749,000 TheMLS
• 1998-04-24 Sold (MLS) $280,000 TheMLS
• 1998-04-16 Sold (Public Records) $280,000 Public Records
• 1998-04-07 Delisted — TheMLS
• 1997-12-24 Listed $299,900 TheMLS

Property tax history

+1.8%/yr

Latest (2025): $1,764 · +2.5% YoY. Source: county tax records.