NOT LISTED FOR SALE

Estimated Value: $1,038,000 - $3,457,543

3 Beds
3.5 Baths
3,270 Sq Ft
$685/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $3,500,000 $1,070 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $19,088/month

90 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Heated In Ground Pool
  • Warner Avenue Elementary Rated A
  • 24-Hour Security
  • 2.14 Acre Lot

About This Home

As of June 2024

Immerse yourself in the timeless charm of the iconic Wilshire Terrace with this meticulously maintained North/West corner unit. Designed by architect Victor Gruen and completed in 1958, The Wilshire Terrace is the pioneering residential tower on the renowned Wilshire Corridor. A symbol of enduring elegance and grace, this residence encapsulates the epitome of luxury living. As you step into Unit 7AC, be captivated by the panoramic views of the Bel Air and Beverly Hills hillsides. Boasting a rich history, this double unit has been cherished within the same family for over 50 years, a testament to its enduring allure. Meticulously redesigned and updated in 2011-2012, this approximately 3270 square foot unit offers a seamless blend of midcentury charm and modern sophistication. The residence is comprised of three bedrooms, a den, three and a half baths, and a coveted 272 square foot double-height terrace featuring a built-in BBQ. The versatile and open floor plan is designed to cater to contemporary living, featuring a large, modern kitchen and a generously sized primary suite with two separate baths and walk-in closets. The Wilshire Terrace, a 24-hour full-service co-op residence, sits on two acres of impeccably landscaped grounds, including a charming rose garden and fountain. Residents enjoy exclusive access to amenities such as an outdoor lap pool, sundeck, spa, gym, library, dog run, meeting room and a convenient on-site hair salon. Indulge in the luxurious lifestyle offered by The Wilshire Terrace, where history and modernity converge in perfect harmony. Take advantage of the opportunity to make this corner unit your haven in the heart of the prestigious Wilshire Corridor.

Last Agent to Sell the Property

Daniel Banchik

Berkshire Hathaway HomeServices California Properties License #01305623 Listed on: 02/19/2024

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Michael Collins

Coldwell Banker Realty License #00963037

Last Buyer's Agent

Judy Feder

The Beverly Hills Estates License #01250325

The Beverly Hills Estates

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1958

Lot Details

  • 2.14 Acre Lot
  • North Facing Home

HOA Fees

  • $4,661 Monthly HOA Fees

Property Views

  • Hills
  • Park or Greenbelt

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,270 Sq Ft Home
  • 1-Story Property
  • Bar
  • Entryway
  • Living Room
  • Dining Area
  • Den with Fireplace
  • Center Hall

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4359-016-075

Community Details

Overview

  • Association fees include utilities
  • 86 Units
  • High-Rise Condominium
  • Built by Wilshire Terrace

Amenities

  • Concierge
  • Doorman
  • Valet Parking
  • Sundeck
  • Clubhouse
  • Elevator
  • Reception Area
  • Service Entrance
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Co-Op

Year Built

Built in 1958

Lot Details

0

HOA Fees

$4,661 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Builder Name: Wilshire Terrace
  • Complex Name: Wilshire Terrace
  • Entry Floor: 7
  • Living Area: 3270
  • Lot Acreage: 2.1413
  • Planned Urban Dev: 0
  • Probate: No
  • Unit Floor In Building: 7
  • Year Built: 1958
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Den
  • Flooring: Hardwood, Carpet, Mixed
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: Room, In Unit
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Barbeque, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1007.65

Exterior Features

  • Direction Faces: North
  • Pool Description: Heated, Community
  • Pool: Yes
  • Spa: Community, Heated
  • Spa Yn: Yes
  • View: Green Belt, Hills
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Assigned, Valet, Community Garage
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Pet Rules, Concierge, Controlled Access, Elevator, Exercise Room, Extra Storage, Fitness Center, Guest Parking, Onsite Property Management, Pool, Spa, Sun Deck, Valet Parking
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Utilities
  • High Rise: 24-Hour Concierge, Door Person, Club Room, Reception Desk, Valet Parking
  • HOA Fees: 4661.09
  • HOA: Yes
  • Unit Location: North

Lot Info

  • Assessor Parcel Number: 4359-016-075
  • Lot Size Area: 93275

Multi Family

  • Number Of Units: 86

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $3,500,000 +6.2% $1,070 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $3,295,000 0.0% $1,008 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $3,295,000 -- $1,008 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-359577

The MLS

APN: 4359-016-075