10701 Wilshire Blvd | Crown Towers

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Crown Towers
10701 Wilshire Blvd
Los Angeles CA 90024

Crown Towers is a 22-story 119-unit luxury Highrise on the Wilshire Corridor in Westwood. Built-in 1972, Originally as apartments by Developers Samuel Weiler and George S Hunt, and designed by architect Matthew Robert Leizner at a cost of $7.5M.


The building might have received its name from the builder- Earl S Sherman of Crown Construction Co. (who also built Franklin Towers and Empire West). Crown Towers was condo converted in 1979 at the same time as the Wilshire Marquis and the Wilshire Holmby were. The Crown has amazing views from the upper floors. One nice thing is every condo at Crown Towers gets 2 parking spaces, so that means even the 1 bedrooms get two spaces. 

Location

REAL ESTATE

 Record Sale? #2004 $1,400,000 12/3/2004

Turnover? 6% or about 8 condos a year

Appreciation?

All of the floorplans in Crown Towers are a single story. Stacks #04 and #03 face South towards Wilshire and get great natural light although you will hear some car noise. Stacks 01 and 06 face the north toward the rear and have views of UCLA, Westwood and Bel Air and are quiet.

Condo Mix

1 Bedrooms (Stacks 02 and 05)
(38) 950-1,100 sqft
$600,000 to $750,000

2 Bedrooms (Stacks 01,03, 04, 06)
(75) 1,200 – 1550 sqft
$900,000 to $1,250,000

Penthouses (A, B, and C)
(3) 2 Bedroom + Den
2600 sqft

I love the midcentury front doors and handle. Living rooms are spacious. Every condo gets a medium size rectangular balcony. No fireplaces. The Kitchen is a galley style and has a separate service entrance. Most of the condos have been remodeled at least once, but if you find an original sunken tub and ceramic tile countertop in the kitchen looks really dated now.

Amenities

24 Hour Front Desk & Valet

Pool

Gym


Lobby

Dining Room (with kitchen), nicknamed “The Crown Room”

Rec Room with Kitchen

Elevator

Parking & Laundry

Laundry at Crown Towers is community laundry. There is a community laundry room on the first floor. Per the HOA, owners cannot install in-unit laundry.

Every condo gets 2 parking spaces. Guest parking?

Home Owners Association

Front Desk
310-474-3591
crowntowershoa@yahoo.com

HOA dues Monthly Cost? $1,000 – $1,500/mo.

HOA dues cover? Water & Trash, Common area maintenance, reserves, Building Insurance

Owner Pays? Electric (no gas), Internet, Cable, Condo Insurance

Any special assessments? None

 Pet Policy? Pets must be 15 pounds or less and can be one of each or a max of 2 of one. Dogs have to be carried through lobby not walked.

 Rental Policy?

 EQ Insurance? No

 CCRs? https://www.dropbox.com/s/cir9t13ih8y082g/10701%20wilshire%20blvd%20ccr%20.pdf?dl=0

 Building Reserves?

 Special move in instructions?

 Can you have a BBQ on the balcony?

 Property Management company?

 

 

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