Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

10724 Wilshire Boulevard 1501

Los Angeles, CA, 90024

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$7,950,000

MLS: 26671737

Beds

4

Baths

6

Sq Ft

6,618

Lot

1.16 ac

Year Built

1989

MLS #

26671737

Days on Market

8

Listed

Mar 31, 2026

Description

Perched atop the iconic Park Wilshire, this extraordinary Penthouse presents a rare chance to acquire one of Los Angeles' most distinguished high-rise residences. Spanning more than 6,600 square feet, the home exemplifies sophisticated living with sweeping 270-degree vistas from the ocean to the hills, showcased from four expansive terraces. A refined paneled entry opens to grand living and dining rooms, where walls of glass flood the interiors with natural light. Soaring ceilings, generous wall space, and wide-plank white oak floors create a perfect setting for art, entertaining, and everyday elegance. The newly reimagined chef's kitchen is anchored by a striking Taj Mahal quartzite island and outfitted with Miele appliances. The tranquil primary suite encompasses over 1,800 square feet and features dual spa-like baths, two walk-in closets, a private kitchenette, and a lounge that opens directly to a terrace. A separate wing includes a junior suite, a guest bedroom, and an additional room currently used as a home office. The media room offers an inviting space for film and music enjoyment. Recent renovations to Park Wilshire introduce some of the Corridor's most desirable amenities, including a beautifully appointed lobby, library lounges, pool and spa, and a state-of-the-art fitness center. With breathtaking views from sunrise to sunset, this exceptional residence defines elevated, full-service Los Angeles living. Ideally situated just minutes from Beverly Hills, Hillcrest Country Club, LACC, Bel Air Country Club, Westwood Village, and beyond, this is a truly rare offering.

Location

Los Angeles, Los Angeles County, CA 90024

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Listed by: Raphael Barragan · Douglas Elliman

Payment estimate

$55,524

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $795,000 · Loan: $7,155,000

%
Principal & Interest
$43,962
Property tax (1.25%)
$8,281
Homeowners insurance
$300
Mortgage insurance
$2,981
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $278,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Los Angeles, CA 90024 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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