High-end condos in the City of West Hollywood continued to achieve high prices despite a depressed Real Estate market in 2011.
It was all about the views ..... Sierra Towers, the famous celebrity-filled high-rise located just off Sunset Boulevard at 9255 Doheny Road, achieved the highest sales prices in the area for 2011.
$3,225,000 for a 2-Bed 2-Bath unit measuring 2300 sq ft. That's over $1400 per sq ft!
The next highest sales were also recorded at Sierra Towers: $2,850,000 ... $2,750,000 ... $2,350,000 ... $2,175,000 ... $2,000,000.
Other notable sales include a penthouse at 855 Croft Avenue, originally listed at almost $1.4 Milliion, eventually sold for $1,240,000 .....
And then there's 1200 N Sweetzer #7 in a newer construction condo development.
Originally priced at $1,399,000, the condo ultimately sold in 2011 for $1,100,000.
Not to be forgotton is the well-known Empire West at 100 Alta Loma Road in West Hollywood, which usually records some of the highest prices in the area. In 2011 there was one sale worth noting - a 2-Bed 3-Bath condo originally listed at $1,699,000 that finally sold for $1,050,000 after 271 days on the market.
For further information about current listings and comps in the area, please call:
Stewart Penn - Penn Properties
Direct: 310-844-6515 Cell: 310-866-1818
Los Angeles: 8033 W. Sunset Blvd., Suite 608, Los Angeles, CA 90046
Stewart Penn - Realtor for homes and condos in Los Angeles, Beverly Hills, Santa Monica, West Hollywood, Hollywood Hills, The Sunset Strip and throughout the greater LA area. Now also selling mid-century modern homes and condos in Palm Springs.
All information obtained from The MLS is deemed correct but not guaranteed. Photos courtesy of The MLS.
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