NOT LISTED FOR SALE

Estimated Value: $6,786,000 - $7,830,000

3 Beds
5 Baths
5,424 Sq Ft
$7,709/mo HOA Fee

Last Sold March 08, 2024

Last sale price $7,751,535 $1,429 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $50,771/month

74 Days on Market

Highlights

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

About This Home

As of March 2024

With its premier placement on the Wilshire Corridor, this single level unit in the Wilshire House is the perfect blend of prestige and contemporary style. Designed by internationally acclaimed Bauhaus architect Victor Gruen, the Wilshire House is Los Angeles' foremost luxury high-rise. The building boasts a wealth of amenities to enjoy, including a professional fitness facility, tennis court, pool, sun deck, library, meeting rooms, doorman, valet parking, and 24/7 concierge and security.Situated on the coveted Wilshire Corridor, you'll be mere minutes away from world class dining, shopping, and entertainment in Beverly Hills, Century City, Bel Air, and Westwood. Directly from the elevator, you'll enter your personal and secure lobby, which welcomes you into this fully custom 3 bed 5 bath unit. Proceed into the expansive living, family, and dining rooms where you'll find automated doors to separate or conjoin the space, and floor to ceiling windows that provide unobstructed city, mountain, and ocean views. Step outside and take in the sights, then soak up the breathtaking sunsets on the wraparound terraces and balconies. Make your way back inside to the gorgeous kitchen, which is equipped with beautiful granite countertops, a spacious island, two pantries and ample storage. From the kitchen, you'll have access to the intimate wet bar, card room and separate breakfast area. Pass through the hallway while strolling to the Primary Suite, where you'll find extensive custom built-ins, perfect for the art aficionado or collector. The primary suite, complete with dual walk-in closets as well as dual en-suite sumptuous bathrooms, featuring a separate steam and sauna will be your own personal haven of grandeur and comfort. The remaining two bedrooms are spacious, inviting, and picturesque, each offering additional stunning views. With this unit, you'll be able to enjoy the best that the Wilshire Corridor has to offer, all while being able to retreat to your private penthouse sanctuary. For a chic and opulent home, this is one you can't miss!

Last Agent to Sell the Property

Kevin Pane

Sotheby's International Realty License #02007794 Listed on: 11/06/2023

Sotheby's International Realty

Co-Listed By

Ernest Wish

Sotheby's International Realty License #01898961

Last Buyer's Agent

Steve Frankel

Coldwell Banker Realty License #01195571

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $53,075

Year Built

  • Built in 1982

Lot Details

  • 0.91

HOA Fees

  • $7,709 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 5,424 Sq Ft Home
  • Built-In Features
  • Bar
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Sauna
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • 5 Full Bathrooms

Parking

  • 5 Covered Spaces
  • Guest Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Heated Spa

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4360-031-095

Community Details

Overview

  • 65 Units
  • High-Rise Condominium
  • 20-Story Property

Amenities

  • Concierge
  • Valet Parking
  • Sundeck
  • Banquet Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$53,075

Year Built

Built in 1982

Lot Details

0

HOA Fees

$7,709 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Wilshire House Association
  • Entry Floor: 20
  • Living Area: 5424
  • Lot Acreage: 0.9062
  • Planned Urban Dev: 0
  • Stories: 20
  • Unit Floor In Building: 20
  • Year Built: 1982
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Master Bedroom, Living Room
  • Flooring: Marble, Wood
  • Bedrooms: 3
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit, Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Microwave, Ice Maker, Garbage Disposal, Freezer, Range/Oven, Refrigerator
  • Price Per S Q F T: 1566.19

Exterior Features

  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Pool Description: Association Pool, Heated
  • Pool: Yes
  • Spa: Association Spa, Heated
  • Spa Yn: Yes
  • View: City Lights, City, Ocean, Coastline, Mountains, Panoramic, Skyline
  • View: Yes

Garage/Parking

  • Covered Parking: 5
  • Parking Garage: Valet, Assigned, Parking for Guests

Utilities

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

Association/Amenities

  • Amenities: Valet Parking, Elevator, Concierge, Fitness Center, Banquet, Pool, Guest Parking, Onsite Property Management, Tennis Courts, Sun Deck, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 7709.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4360-031-095
  • Lot Size Area: 39487

Multi Family

  • Number Of Units: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Jan 23, 2024
Sold by
Wiviott Family Trust and Torchon Stacey B
Bought by
Lainer
Seller's Agent
Kevin Pane
Sotheby's International Realty
Buyer's Agent
Steve Frankel
Coldwell Banker Realty
List Price
$8,495,000
Sold Price
$7,751,535
Premium/Discount to List
-$743,465
-8.75%
Views
71
Current Estimated Value
$7,057,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$694,313
Avg. Annual Appreciation
-3.00%

Purchase Details

Closed on
Aug 8, 2019
Sold by
Torchon Stacey B and Richter Jeffrey R
Bought by
Torchon Stacey B and Richter Jeffrey R

Purchase Details

Closed on
Sep 19, 1996
Sold by
Joseph Haddad Trust and David J
Bought by
Wiviott Robert and Wiviott Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lainer $7,752,000 Equity Title
Torchon Stacey B -- None Available
Wiviott Robert $2,750,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiviott Robert $1,570,000
Previous Owner Wiviott Robert $1,675,000
Previous Owner Wiviott Robert $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $7,751,535 -8.8% $1,429 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
11/06/2023 11/06/23 For Sale $8,495,000 -- $1,566 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $53,075 $7,906,565 $5,534,596 $2,371,969
2024 $53,075 $4,391,125 $3,193,552 $1,197,573
2023 $52,034 $4,305,026 $3,130,934 $1,174,092
2022 $49,586 $4,220,615 $3,069,544 $1,151,071
2021 $48,981 $4,137,858 $3,009,357 $1,128,501
2019 $47,495 $4,015,129 $2,920,099 $1,095,030
2018 $47,419 $3,936,402 $2,862,843 $1,073,559
2016 $45,355 $3,783,548 $2,751,676 $1,031,872
2015 $44,682 $3,726,717 $2,710,344 $1,016,373
2014 $44,797 $3,653,717 $2,657,253 $996,464
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-328149

The MLS

APN: 4360-031-095