tomo logo

$550,000

Beds
1
Baths
1.0
sq ft
920

1234 Wilshire Blvd Unit 514, Los Angeles, CA 90017

1234 Wilshire Blvd Unit 514

Los Angeles, CA 90017

  • 88 days on market
    • Price drop $15,000↓
Welcome to this stunning home at Vero. This luxurious top floor unit with west facing city views provides its residents with that modern Los Angeles lifestyle. This gorgeous 1 bed / 1 bath / 920 sqft unit has an abundance of natural light making the open concept floor plan warm and inviting. The open kitchen expands to the living area, making it a perfect spot for gathering with family and friends. The unit has been repainted. New luxury vinyl plank flooring and recessed lighting installed throughout the entire unit. The private balcony gives you stunning views of the city. The spacious primary bedroom features frosted glass barn doors, large dual closets and En suite bathroom. Washer and dryer hook ups located within the unit. The unit comes with TWO dedicated parking spaces inside the gated parking garage, making this unit one of the most desirable units in VERO. Vero is fitted with high class amenities including a resort style sauna, heated swimming pool, dry spa, impressive fitness center, yoga studio & 24 hour security. Centrally located to all shops & restaurants in Koreatown, DTLA and Hollywood while having convenient freeway access. Welcome Home

Details

Property type

Condominium

Est. home value

$564,589

Lot size

1.6376 acres

Price per sq ft

$598

Year built

2006

Monthly HOA fee

$732.2

Price History

09/20/2024
CRMLS

CRMLS #SB24176289

Price change
$550,000
-2.65%
08/25/2024
CRMLS

CRMLS #SB24176289

Listed
$565,000
+4.82%
10/30/2020
CRMLS

CRMLS #BB20057880

Sold
$539,000

Schools & Community

Neighborhood: 

Westlake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

High school district: 

Los Angeles Unified

Number of units in community: 

199

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$114,023
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$391,977
Cash to seller
$114,023

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2020

Original loan amount

$431,200

Est. remaining balance

$391,977

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Quan Quach and Eileen Hang Phan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/21/2024 at 12:25 PM

Listing updated: 09/27/2024 at 11:01 PM

Listed by: Estefania Jarvie, Bayside Phone #: (310) 545-9595

MLS: CRMLS #SB24176289

CRMLS logo

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