NOT LISTED FOR SALE

Estimated Value: $2,050,000 - $4,857,000

3 Beds
4.5 Baths
4,573 Sq Ft
$699/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $3,690,000 $807 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $28,859/month

34 Days on Market

Highlights

  • Doorman
  • Ocean View
  • 24-Hour Security
  • Warner Avenue Elementary Rated A
  • Fitness Center
  • In Ground Pool

About This Home

As of March 2024

One-of-a-kind Extraordinary Offering designed by renowned designer Frank Parker Austin in the 80's. The apartment has appx. 4,500sf of well-designed floorplan with fantastic Southern, Northern and East facing views including 2 large view terraces! Enter through a keyed elevator that enters directly into the apartment. There are beautifully proportioned entertaining rooms specifically designed to flow seamlessly throughout. Custom designed in the 1980's with a mid-century intended vibe, every inch was tailored to the owner's specifications with no expense spared. Elegant spacious primary suite with large separated double bathrooms, large double walk-in closets, views of Century City and DTLA and large adjacent view office or additional bedroom. There is more storage than in most homes and there are thoughtful details throughout enhancing a commodious living experience. The secondary bedroom suite also opens to the northern terrace. The exceptionally large and serviceable kitchen and breakfast area open to the southerly terrace as does the oversized formal dining room. There are innumerable accoutrements that create a most inviting living experience including walk-in bar, entertainment area, large closet to control lighting throughout, recessed lighting, massage room, spacious laundry room and separation of bedrooms from entertaining spaces. This is a once-in-a-lifetime opportunity to purchase in the prestigious Wilshire Terrace and bring a majority of a home's prized possessions to a new and fantastic Wilshire Corridor living environment. Elegant as-is, or some may remodel to design their forever home. Availed with unlimited possibilities with this rare wrap-around floorplan. There are only a handful of apartments like this anywhere. The Wilshire Terrace is well known to assist in accommodating the creation of any buyer's dream design home. The Wilshire Terrace provides an elegant and sophisticated living experience including fully vetted staff, valet, reception 24/7, security, on-site management, large dog park, relaxing rose garden and seating area, very large sunny swimming pool, spa and lounge area, library, and fully equipped gym. The Wilshire Terrace is an A+ premier cash building located on the Wilshire Corridor and requires Board of Directors approval. The location is proximate to Beverly Hills, Westwood, Bel Air, Brentwood and nearby 405 freeway. A Jewel in the Crown on the Corridor.

Last Agent to Sell the Property

Michele Hall

Coldwell Banker Realty License #00517739 Listed on: 01/24/2024

Coldwell Banker Realty

Co-Listed By

Brian Strahl

Coldwell Banker Realty License #01361078

Last Buyer's Agent

Noah Walsh

PLG Estates License #01908090

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1958

Lot Details

  • 2.14 Acre Lot
  • End Unit
  • East Facing Home
  • Dog Run

HOA Fees

  • $8,280 Monthly HOA Fees

Property Views

  • Ocean
  • Skyline
  • Golf Course
  • Mountain
  • Park or Greenbelt
  • Pool

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 4,573 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Decorative Fireplace
  • Double Pane Windows
  • Vertical Blinds
  • Drapes & Rods
  • French Doors
  • Sliding Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Carpet
  • Fire Sprinkler System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Shower Only
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Guest Parking
  • Parking Garage Space
  • Controlled Entrance

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Living Room Balcony
  • Built-In Barbecue

Utilities

  • Zoned Heating and Cooling
  • Property is located within a water district
  • Central Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4359-016-088

Community Details

Overview

  • Association fees include cable TV, gas, electricity, sewer, water and sewer paid, security, utilities, trash, building and grounds
  • 86 Units
  • Maintained Community

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Picnic Area
  • Elevator
  • Service Elevator
  • Lobby
  • Reception Area
  • Service Entrance

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

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

$8,280 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Stock Cooperative
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: The Wilshire Terrace
  • Entry Floor: 8
  • Entry Location: Elevator
  • Living Area: 4573
  • Lot Acreage: 2.1413
  • Planned Urban Dev: 0
  • Unit Floor In Building: 8
  • Year Built: 1958
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins, Coffered Ceiling(s), Common Walls, Living Room Balcony, High Ceilings (9 Feet+), Recessed Lighting, Wet Bar
  • Fireplace Rooms: Living Room, Decorative
  • Flooring: Carpet
  • Appliances: Warmer Oven Drawer, Range Hood, Double Oven, Microwave, Cooktop - Gas, Cooktop - Electric, Built-In BBQ
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Granite, Linen Closet, Shower Stall, Shower and Tub, Powder Room
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Formal Dining Rm
  • Laundry: Laundry Area, In Unit
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Bar Ice Maker, Barbeque, Built-Ins, Dishwasher, Dryer, Electric Dryer Hookup, Freezer, Garbage Disposal, Hood Fan, Microwave, Washer, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 851.74
  • Windows: Vertical Blinds, Drapes/Curtains, Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony, Sliding Glass Doors, Service Entrance, End Unit, French Doors, High Ceilings (9 Feet+)
  • Patio: Living Room Balcony, Balcony
  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Mountains, Ocean, Golf Course, Green Belt, City, City Lights, Pool, Skyline
  • View: Yes

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Controlled Entrance, Community Garage, Valet
  • Total Parking: 4

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Central, Zoned
  • Security: Fire Sprinklers, Community
  • Sewer: In Connected and Paid
  • Water: District

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Elevator, Fitness Center, Onsite Property Management, Hot Water, Guest Parking, Greenbelt/Park, Picnic Area, Security, Sun Deck, Switchboard, Valet Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable TV, Gas, Electricity, Sewer, Water and Sewer Paid, Security, Utilities, Trash, Building and Grounds
  • High Rise: Valet Parking, Switchboard, Sun Deck, Service Elevator, Passenger Elevator, Private Storage Lockers for Res, Reception Desk, Entrance Lobby, Door Person, Dog Run, Controlled Access
  • HOA Fees: 8280.29
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4359-016-088
  • 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
03/28/2024 03/28/24 Sold $3,690,000 -5.3% $807 / Sq Ft
03/02/2024 03/02/24 For Sale $3,895,000 +5.6% $852 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/01/2024 02/01/24 Off Market $3,690,000 -- --
01/24/2024 01/24/24 For Sale $3,895,000 -- $852 / 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: 24-351511

The MLS

APN: 4359-016-088