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Short Sale at Downtown's 1100 Wilshire

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Picking over the thin offerings of the downtown real estate market, we find this downtown condo in 1100 Wilshire Boulevard unit, a 750 square foot one-bedroom, one-bathroom that's asking $260,000. It last sold in 2007 for $430,000. Sure, it's a short sale, but 1100 Wilshire has proved to be pretty resilient during the downturn.
· 1100 WILSHIRE Blvd #2203 [Redfin]