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wilshire corridor condos: Wilshire Corridor Condo Market Report | 1st Third of 2012 - 05/16/12 04:01 PM
Let’s see how the Wilshire Corridor Condo Market for the 1st Third of 2012 compares with the same period last year.
* The Beverly West does not list all its active condos on the MLS. The first unit did sell quickly. However, there are approximately 35 more units for sale.
**The Carlyle sells in house also, so the figures are not totally accurate.
+This was a maid’s unit.
The market statistics are a rough indication of whether the building is trending towards a sellers’ or a buyers’ market. A question mark (?) denotes that there is not enough information available to … (14 comments)
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wilshire corridor condos: Wilshire Corridor Condos, Market Report Through April 2012 - 05/02/12 10:33 AM
It’s already May 1st. This year is almost half over. So without further ado, let’s see what’s been happening in Wilshire Corridor condo market over the first third of 2012.
Beverly West – 1200 Club View Drive: Sold: 1, $5,000,000. Active: 34 Blair House - 10490 Wilshire Blvd: Sold: 1, $3,700,000. Active: 3 Crown Towers - 10701 Wilshire Blvd: Sold: 1, $375,000. Active: 3 La Tour – 10380 Wilshire Blvd: Sold: 0. Active: 6 Marie Antoinette - 10787 Wilshire Blvd: Sold 2, median $440,000. Active: 3 Park Wilshire – 10724 Wilshire Blvd: Sold 3, median $612,000. Active 8 Ten Five Sixty - 10560 Wilshire Blvd: Sold 3, median $1,025,000. Active 2 … (17 comments)
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wilshire corridor condos: Wilshire Corridor Condo Market Report for February 2012 - 03/15/12 10:59 AM
Wilshire Corridor condo market report for February 2012
There are presently 93 listed condos for sale on the Wilshire Corridor.
5 units have been on the market for over two years or close to two years: two at La Tour, one at the Marie Antoinette, one at The Remington and one at The Californian.
Five units have been on the market for over one year: one at The Californian, one at La Tour, one at The Westholme, and one at 10560 Wilshire, and two at The Carlyle.
12 units have been on the market for over 6 months.
6 units are listed as Short Pay (I am relying on the MLS here): two at the Marie Antoinette, one at 10560 Wilshire, one at Wilshire … (6 comments)
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wilshire corridor condos: Wilshire Corridor Market Overview | February 2012 - 02/02/12 01:59 PM
There are presently 96 listed condos for sale on the Wilshire Corridor.
Three units have been on the market for over two years: two at La Tour, and one at the Marie Antoinette.
Four units have been on the market for over one year: one at The Californian, one at La Tour, one at The Remington, and one at 10560 Wilshire.
12 units have been on the market for over 6 months.
7 units are listed as Short Pay (I am relying on the MLS here): two at the Marie Antoinette, one at 10560 Wilshire, one at The Mirabella, one at Wilshire Selby East, one at Wilshire Selby West, and one coming up at The Grand.
There is one foreclosure noted in … (9 comments)
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wilshire corridor condos: Wilshire Corridor Condos | 2011 Market Report - 01/07/12 02:40 PM
The Wilshire Corridor Condo Market report for 2011 is based on units of 2 bedrooms and up, not including penthouses. This will provide a more realistic picture. For sales by numbers of bedrooms check out each individual Wilshire Corridor building page over the next few weeks.
All information from the CLAW MLS is deemed accurate but is not guaranteed.
Absorption Rate: 6 months = balanced market; Over 6 months = buyers’ market; Under 6 months = sellers’ market
* The Beverly West has just opened its sales office so statistics are not yet applicable for this building. There is one unit in escrow at a … (15 comments)
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wilshire corridor condos: Los Angeles Communities - About Wilshire Corridor - 11/21/11 09:58 PM
The Wilshire Corridor, also known as The Golden Mile, is an approximately 2-mile stretch of luxury condominium buildings which runs from just east of Westwood Village to the west side of the Los Angeles Country Club.
If you are looking for the ultimate in luxury then consider a condominium on The Wilshire Corridor and prepare to be pampered beyond your wildest dreams. Many of these buildings have full amenities, including 24-hour valet and concierge service, swimming pool, spa, fitness center, conference rooms, entertainment lounge, and a few even have a tennis facilities. Maids units can also be purchased in some of … (14 comments)
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wilshire corridor condos: Renting on the Wilshire Corridor - What's Available - 10/24/11 01:11 PM
I often get calls from people wanting to rent on the Wilshire Corridor. Unfortunately, they don’t realize how much it, in fact costs to rent there.
There are apartments available but when you think of the Wilshire Corridor you are basically thinking of the condo buildings where the units are privately owned. Remember that the owners of these condos are paying high home owners dues which needs to be factored into the rent. These dues, which they are paying for their renter, cover all the wonderful amenities that the lucky renter is going to get. The higher the dues, the more the renter is going … (11 comments)
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wilshire corridor condos: Checking in on Wilshire Corridor Sales This Year - 10/23/11 02:38 PM
It has been a while since we have looked at what is for sale on the Wilshire Corridor. Let's see how sales are going so far this year.
All information from the CLAW MLS is deemed accurate but is not guaranteed *Beverly West has just opened its doors, so we will have to see how the sales go. But right now, the units would seem to be extremely overpriced.
**The Carlyle sells a lot in-house, so the figures are not accurate. Also, several units are being rented.
The median price reflects the mid-point of sales in the building. Half sold … (11 comments)
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wilshire corridor condos: Beverly West, the Wilshire Corridor's Newest Luxury Building Opens - 10/13/11 08:24 PM
Beverly West on the Wilshire Corridor, is finally ready for occupancy. And what a spectatular property it is. No expense would seem to have been spared in the finished. African wood wall panels and some unique art decorate the lobby of the building with its welcoming fireplace.
With approximately 35 residences, this is a boutique building that offers the finest in luxury.
Beverly West is a full service building with 24 hour full concierge service, valet parking, gym, pool, spa, conference center and more. Each room has touch screen access to the concierge, valet and dining. Also almost everything is controlled electronically: the sound … (31 comments)
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wilshire corridor condos: Just Sold on the Wilshire Corridor - Pocket Listing at The Wilshire - 10/07/11 08:22 PM
The Wilshire, 10580 Wilshire Blvd., is one of the most prestigious buildings on The Wilshire Corridor in Westwood.
I had the privilege of being given a pocket listing at The Wilshire, and we closed on it yesterday. It took a few weeks to sell but when the offer came, it was all cash with a 10 day close.
The buyers got a very good deal. This is a 3 bedroom 2.5 bath, 2,757 sq. ft. unit with magnificent south-facing views. There are very few 3-bedroom condos available on The Wilshire Corridor, and the price….. $1.6 Million.
There are presently 24 active 2-bedroom condos on The Wilshire Corridor. … (37 comments)
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wilshire corridor condos: Renting a Condo on the Wilshire Corridor - 08/29/11 12:58 PM
I get a lot of calls from people looking to rent on the Wilshire Corridor. Many are not aware of the price range of available units and are surprised at the rents that being asked.
If you are going to rent on the Wilshire Corridor you will be doing so from an owner. These are condos not apartments, and you are not going to be able to get information by calling the front desk at these buildings. Each unit is individually owned and chances are that the owner is going through a Los Angeles real estate agent to help them get the condo rented.
Also, it … (20 comments)
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wilshire corridor condos: DocuSign, Oh How I Missed You! - 07/21/11 01:56 AM
In the days of paying $20 for this, $49 for that, we tend to look at ways to trim the fat. And free is always a lure.Don't we always try to download those FREE apps from the internet before we realize that a lot of them just don't work and we end up paying for one that does.I had used DocuSign for a few years, and never realized how amazing it truly is. I don't know how I managed before. All the running around trying to get signatures. All the multiple faxes of one document so that by the time it … (46 comments)
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wilshire corridor condos: Wilshire Corridor Condo Sales - Half-Yearly Report - 07/17/11 03:54 PM
All information from the CLAW MLS is deemed accurate but is not guaranteed.
*These two properties sell in-house and the MLS does not accurately reflect sales data.
Under 6 months is a seller's market. 6 months is a stable market. Over 6 months is a buyer's market.
With no sales for the past six months and new product on the market, the absorption rate cannot be accurately predicted.
With the exception of 4 buildings, sales on the Wilshire Corridor are slow.
If you want to be living on the Wilshire Corridor, now is definitely the time to be looking.
Related Posts … (10 comments)
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wilshire corridor condos: Pocket Listing - 3 Bedroom Condo at the Fabulous Wilshire - Fabulous Price - 07/13/11 07:44 PM
… (22 comments)
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wilshire corridor condos: Looking for a 3-Bedroom Condo on the Wilshire Corridor. This is Truly a Find! - 07/08/11 12:21 AM
If you are looking for a 3-bedroom condo on The Wilshire Corridor there is one available at an incredible price.
I have a pocket listing – a 3-bedroom condo at one of the most prestigious buildings on The Wilshire Corridor.
This is a 2,757 sq. ft. south-facing unit on the 8th floor. In addition to the 3 bedrooms and 2.5 bathrooms, there is a full dining room and three patios. The views are spectacular and the price is $1,600,000, which is the lowest you will find on The Wilshire Corridor for a 3-bedroom, this size and in a building of … (20 comments)
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wilshire corridor condos: Buying on the Wilshire Corridor - Condos for Sale by Price - 06/20/11 05:12 PM
If you are thinking of buying on the Wilshire Corridor, depending on your price level, you have a lot of choice.
Right now Wilshire Corridor condo prices run from $299,000 for a 2 bed, 2 bath 1,088 sq. ft. unit at The Wilshire Marquis, to $13,795,000 for 3 bed, 3.5 bath 5,519 sq. ft. unit at The Carlyle.
Here is a breakdown of Wilshire Corridor condos for sale by price:
Under $500,000 – Homeowners Dues Under $1,000
The Wilshire Marquis, 10535 Wilshire Blvd. – 3 units The Wilshire Regent, 10501 Wilshire Blvd. – 6 units Crown Towers, 10701 Wilshire Blvd. … (28 comments)
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wilshire corridor condos: Downsizing Your Los Angeles Home - Try Luxury Living on the Wilshire Corridor - 06/14/11 09:24 PM
Your kids have flown the nest and you have no need for the large Los Angeles home in which you spent so many happy years bringing up your family. It is a hard decision, but you have the chance to make a lifestyle change.
Downsizing your Los Angeles home and moving into a full service condo building offer freedom:
When you go away you can lock up and leave. You don’t have to worry about the lawn being watered, the mail piling up, a pipe bursting….. Just drive up to the front door and get out. Your car will be … (35 comments)
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wilshire corridor condos: New Lease on the Wilshire Corridor - 3 Bed 2.5 Bath at The Wilshire, 10580 Wilshire Blvd. - 05/28/11 02:35 PM
If you are looking for a three bedroom lease on the Wilshire Corridor there is a new one available a the fabulous Wilshire
Three bedroom leases are rare on The Wilshire Corridor, and even rarer at The Wilshire, the Grand Dame of the Corridor. At at this price, $8,750, you are not going to find anything close to the value.
This is a wonderfully bright, south- facing unit with sweeping views from Downtown to the ocean. There is an additional room that can function as a 4th bedroom or a full dining room or den. You have two balconies on … (5 comments)
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wilshire corridor condos: Coming Soon. Three Bedroom Lease at The Grand Dame of The Wilshire Corridor - The Wilshire - 05/18/11 04:55 PM
Three bedroom leases on the Wilshire Corridor are hard to find. Finding one at The Wilshire, 10580 Wilshire Blvd., one of the premiere buildings on The Corridor is even harder. Coming soon is a 3 bedroom plus den/dining room, 2.5 bath, 2,757 sq. ft. condo on the 8th floor with spectacular south-facing views. Entry is directly to your own hallway from the elevator. The unit is an empty canvas ready for your touch.
Amenities at The Wilshire include 24/7 concierge and valet, exercise room, pool, sauna, sun deck, and more. And the price? $8,750 per month.
Please don't hesitate to … (21 comments)
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wilshire corridor condos: Renovating a Wilshire Corridor Condo, Make Sure your Paperwork is in Order - 05/15/11 10:08 PM
If you are thinking of renovating a Wilshire Corridor condo, make sure you are ready. Check the Homeowners Association rules and regulations before identifying your contractors.
In the course of preparing a condo in The Wilshire ready for renting, I learned the value of having a Homeowners Association to protect the residents interests. These are some of the requirements which contractors must meet:
Contractor must carry $1 million in liability insurance. Contractor must have workers’ comp coverage. Contractor must enter through P1 to check in, and then take the freight elevator to the unit. Although each unit is accessed directly … (2 comments)
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Jane Peters - Los Angeles Real Estate DRE# 01439865
Los Angeles,
CA
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Power Brokers Int'l
Address: Beverly Hills, CA, 90210
Office Phone: (310) 473-6919
Cell Phone: (310) 351-9208
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