10380 Wilshire Blvd | La Tour

La Tour
10380 Wilshire Blvd
Los Angeles CA 90024

La Tour is a 20-story 73-unit luxury high rise on the Wilshire Corridor in Westwood. Built in 1990 by Daiwa House Corporation, and designed by Shepherd, Nelson & Wheeler architects- this building has a dazzling zig-zag aqua marine glass-laden exterior.  There are (68) 3 Bedroom / 4 bath condos that are 3,200 sqft. In addition, there are two townhouse style penthouses on floors 20+21.

Location

Real Estate

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Record Sale? $4,200,000  8/14/2017  #1902

Turnover? 4 or 5 condos a year 5.5%

Appreciation?

All of the floorplans in La Tour are single-story except for the 2 penthouses which have a townhouse style layout. There are 4 units a floor. Stacks 01 and 02 Face Wilshire, Stacks 03 and 04 face South. All the floorplans are 3 Bedroom 4 bathroom except for the 2nd floor which has 3 smaller condos and the penthouses. 

Entry to condos is through a large wooden double door. Condos have a formal entry, that opens up to a multitiered combined living room, dining room and den. The majestic Living Room and Masterbedroom have a curtainwall of the building’s trademark blue windows that lets natural light flood into the spaces and maximizes views. Living rooms have a gas fireplace. Every condo has two tiled overhang balconies a large balcony off the living room and another smaller balcony off the master bedroom. 

The Original developer kitchens have bullnose salt and pepper granite counters, with an island, white cabinets, and a gas range. There is a breakfast area off the kitchen for informal dining.

Every bedroom has its own ensuite bathroom and there is 1 powder room. The developer used a lot of Carerra marble in the bathrooms. 

Each condo has a Master bathroom suite complete with a master bathroom and a walk-in closet. The Master bathroom has a separate tub and shower and double vanity. The Tub is huge and places right in the center of the master bathroom. Some owners have replaced the tub with a freestanding one and other owners have just removed it.

(3) 2 Bedrooms (2nd Floor)
1,700 sqft – 2,200 sqft
Pricing: $1,000,000

(68) 3 Bedrooms / 4 baths
3,200 sqft
Pricing: $2,000,000- $4,000,000

(2) Penthouses  5 Bedrooms / 8 baths
7500 sqft penthouses
Pricing: $7M-$8M although one hasn’t sold since 1999

Amenities

24 Hour Front Desk and Valet

Swimming Pool (Heated) and Spa

Gym

Lobby

Rec Room

Elevator

Extra storage?

Parking & Laundry

Each condo has in-unit Laundry with side by side washer and dryer in a laundry room with extra cabinets and a sink. 

2 Deeded Parking spaces per condo. Owners may self-park if they wish. There is a 3 level subterranean parking garage with 200 parking spaces.  Guest Parking?

Home Owners Association

Front Desk 310-281-2500

HOA dues Monthly Cost?
$3,500/mo.

HOA dues cover?  Water & Trash, Common Area Maintenance, Reserves, Building Insurance, EQ Insurance

Owner Pays? Electric, Gas, Internet, Cable (Direct TV or Spectrum), Condo Insurance

Any special assessments?

Pet Policy? 1 Dog or 1 Cat up to 30lbs

Rental Policy? Must own condo for 1 year before leasing.

EQ Insurance? Yes, covered in HOA dues

CCRs?  https://www.dropbox.com/s/90wtknnwqd9wg5b/10380%20wilshire%20blvd%20ccr.pdf?dl=0

Building Reserves?

Special move in instructions?

Can you have a BBQ on the balcony? No

Property Management company?

 

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