Do you think the Real Estate Market is bad, Look at ' the Century' in Century City, CA?

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Real Estate Agent with Berkshire Hathaway HomeServices 01238708
https://activerain.com/droplet/6k6

By now I am sure everyone has heard that in the City of Angels, there is a new address. The Marketing brochure calls it "Heaven Has a New Address". The actual address is 2055 Avenue of the Stars.  The developers named it "The Century". It consists of a forty two storied building on almost four acres of lush greenery and soothing waters,Designed by the the Architects Robert A.M. Stern.

 This is the ultimate in what one would think of California Life Style. It is not for every ones taste or likes nor is it for everyone's budget. One would be purchaser made local and world news. Currently there are twenty actively marketed in the Multiple Listing Service on the West Side of Los Angeles under the geographic designation of Century City.

 There are  ten showing Pending. They are waiting for completion and certificate of occupancy. Even though the news media and the gossip columnist said that it sold, that is poetic exaggeration.

 I will just highlight a few of the amenities:  a 75 foot pool & cabanas, tranquil walking paths, magnificent landscaped gardens, private  concierge closets on each floor to deliver the mail, packages and anything that is needed to be delivered.

Of the  twenty units on the Market in the Local Multiple Listing Service,the price range is anywhere from a low $3,650,000 to a high of $27,000,000. the average is around $4-$5million.If you would like to buy one of these dream units feel free to contact me. I am not representing the Developers and I would gladly help with your purchase.

Of the  ten units showing as pending, the average is around $6million and one is $16.5million and the other one is $24.5million and the one everyone has heared about is $27million.

If you are a consumer  who is considering buying  or selling investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Beverly Hills ,Marina Del Rey, Venice or Malibu. Feel Free to give me a call  at  310.486.1002 (USA)  or email me  at EndreBarath@TheMLS.Com  or visit one of my websites at http://www.endrebarath.com

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Rainmaker
534,518
Liz Moras Migic
Chilliwack, BC
Chilliwack, British Columbia - Realtor

Whenever I hear' city of angels' I think of that movie with Nick Cage and Meg Ryan.......loved it...

Nov 17, 2008 06:59 PM #1
Rainmaker
3,086,521
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Hi Liz, Thank you for stopping by, Some people call it the "date movie" of the century:)))

Nov 18, 2008 06:09 PM #2
Rainmaker
193,754
Mary Strang
Viroqua, WI

Does not sound like a real estate slump in the Century city. I would love to see some photos of the unit that goes for $27,000,000. Should come with all furnishings or at least a new Mercedes?

Nov 21, 2008 12:03 AM #3
Rainmaker
3,086,521
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Mary, I will try to send a link to you BTW no Mercedes:))) http://TheCentury.com  since you lived here you would not recognize the place, There are a few new Highrises in the past 12 years the MGM and now this one.

Nov 21, 2008 11:36 AM #4
Rainmaker
193,754
Mary Strang
Viroqua, WI

Even my town has changed a lot in the past 12 years, but much slower that Century City, that is an easy bet. The highest price I ever sold here is only $900,000 it came with 250 acres and a trout steam. For $27,000,000 you might buy out the town. LOL.

Nov 23, 2008 03:49 AM #5
Rainmaker
3,086,521
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Mary, if you are interested I will e-mail you privately who bought the one for $27M. Let me know.

Nov 23, 2008 07:14 PM #6
Rainmaker
3,086,521
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

In Case you did not notice my e-mail has changed so I wanted to let everyone know who is reading this blog   homes@endrebarath.com

Mar 06, 2011 05:24 PM #7
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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