For a building that "practically minted money" back in the day, there are an awful lot of units for sale in 1100 Wilshire. A quick check of Redfin shows at least 16 units for sale right now, including at least one short sale and a REO. This one bedroom, one-and-a-half bath most recently hit the MLS, and yes, the owner defaulted, according to Property Shark. According to the listing, this unit has a private balcony and is located "off the roof-top pool and spa area." Which translates into a lot of USC coeds outside your door (and the occasional red cup bust). The unit also has hardwood floors, a bathroom "down-stares" [sic] and the building amenities include a screening room, business center and 24/7 security. This unit was last sold in May 2007 for $750,000. Current asking price: $610,000 or $555 per square foot (about $150 more than comps).
· 1100 Wilshire #1702 Los Angeles, CA 90017 [Redfin]