Another year has flown by and it is time to check in on the Wilshire Corridor condo market to see how sales progressed over 2012 compared with 2011. Was there any improvement? Let’s take a look.
The figures are based on 2 bedrooms units and up and do not include penthouse units.
Building | Sold | +/2011 | Median Price | +/- 2011 |
Avg. Price |
Total |
Median Price |
Pending |
Beverly West * | 1 | +1 | $5,000,000 | N/A | $1,202.50 | N/A | N/A | N/A |
Blair House |
4 | +2 | $1,393,500 | +11.08% | $684.06 | 3 | $2,625,000 | 0 |
Crown Towers | 1 | -5 | $475,000 | N/A | $415.36 | 3 | $785,000 | 2 |
La Tour |
2 | -3 | $2,060,000 | +17.71% | $655.42 | 2 | $2,312,000 | 1 |
Marie Antoinette |
5 | -1 | $400,000 | -10.10% | $287.20 | 0 | N/A | 2 |
Park Wilshire | 6 | -2 | $692,544 | -4.80% | $368.78 | 1 | $1,299,000 | 1 |
Ten Five Sixty | 8 | +4 | $962,500 | -0.62% | $472.32 | 4 | $964,500 | 2 |
The Californian |
5 | +1 | $2,100,000 | +16.67 | $789.71 | 5 | $2,795,000 | 0 |
The Carlyle ** | 4 | +3 | $2,525,000 | N/A | $851.47 | 7 | $3,795,000 | 2 |
The Churchill | 2 | -2 | $562,500 | +25.84% | $330.79 | 2 | $607,000 | 0 |
The Diplomat | 2 | = | $1,060,000 | +21.14% | $477.80 | 0 | N/A | 0 |
The Dorchester | 6 | +4 | $712,500 | +18.26% | $403.27 | 3 | $750,000 | 2 |
The Grand |
4 | = | $615,000 | -10.87% | $348.05 | 0 | N/A | 1 |
The Longford | 3 | +2 | $525,000 | N/A | $389.50 | 3 | $948,880 | 0 |
The Mirabella | 3 | -2 | $980,000 | -10.91% | $473.43 | 1 | $1,330,000 | 1 |
The Regency Wilshire | 1 | = | $1,700,000 | N/A | $471.96 | 1 | $1,495,000 | 0 |
The Remington |
6 | +1 | $1,542,000 | +14.22% | $675.45 | 4 | $2,845,000 | 0 |
The Venezia | 0 | -1 | N/A | N/A | N/A | 0 | N/A | 0 |
The Westford | 2 | -1 | $1,007,200 | +3.30% | $473.98 | 1 | $1,299,000 | 3 |
The Westholme | 7 | +3 | $483,000 | +34.17% | $320.93 | 4 | $847,000 | 0 |
The Wilshire | 4 | = | $1728,875 | +32.48% | $637.05 | 0 | N/A | 0 |
Wilshire Comstock |
8 | = | $615,000 | -20.02% | $390.76 | 1 | $750,000 | 3 |
Wilshire Holmby | 4 | -2 | $460,000 | -0.86% | $336.79 | 0 | N/A | 0 |
Wilshire House | 5 | +2 | $1,900,000 | +43.29% | $726.84 | 2 | $2.085,000 | 0 |
The Wilshire Manning | 1 | = | $1,160,000 | N/A | $476.78 | 6 | $1,061,500 | 0 |
Wilshire Marquis | 5 | -2 | $495,000 | +17.86 | $435.79 | 1 | $590,000 | 1 |
Wilshire Regent | 12 | +4 | $406,250 | -29.35% | $526.52 | 2 | $475,000 | 2 |
Wilshire Selby East+ | 5 | +2 | $450,000 | +4.65% | $421.00 | 0 | N/A | 0 |
Wilshire Selby West + | 1 | -5 | $355,000 | N/A | $416.18 | 0 | N/A | 1 |
Wilshire Terrace | 5 | +4 | $572,500 | N/A | $317.08 | 1 | $795.000 | 1 |
Wilshire Thayer | 1 | -3 | $1,150,000 | N/A | $535.88 | 2 | $540,000 | 1 |
Seller’s Market | Stable Market | Buyers’ Market |
Less than 5 months inventory | 5 to 7 months inventory | More than 7 months inventory |
Information taken from the MLS/CLAW deemed reliable but not guaranteed
* The Beverly West is not presently listing its active condos on the MLS. The first unit did sell quickly. No listing information is presently available on the MLS.
**The Carlyle sells in house also, so the figures may not be totally accurate.
+These figures include one bedroom units
The majority of Wilshire Corridor condo buildings are favoring sellers, the exceptions being, Beverly West, Blair House, La Tour, The Longford, Regency Wilshire, Wilshire Manning, and The Thayer. The Californian, The Remington, The Churchill, and The Westford are all balanced between buyers and sellers.
It is difficult to see a trend with some of the median prices up and others down, the same with number of sales. But overall, buyers are looking for condos on the Wilshire Corridor, and som fresh, new inventory would be welcome.
Recent market reports
Wilshire Corridor Condo Market Report November 2012
Wilshire Corridor Condos Market Report October 2012
Wilshire Corridor 3rd Quarter Market Report 2012
Wilshire Corridor Half Year Market Report 2012
Wilshire Corridor Condos for Sale
(Sample listings)
- MLS® #: 24-363261
- 31272 Broad Beach Rd
- Malibu CA
- $59,500,000
- 6 Bed | 9 Bath | 12,301 SqFt
- 1.09 Acres
- MLS® #: 24-369323
- 1859 Bel Air Rd
- Los Angeles CA
- $58,000,000
- 9 Bed | 13 Bath | 20,000 SqFt
- 1.39 Acres
- MLS® #: 23-245455
- 41800 Pacific Coast Hwy
- Malibu CA
- $57,500,000
- 5 Bed | 7 Bath | 8,206 SqFt
- 0.83 Acres
- MLS® #: 24-379209
- 10250 W Sunset Blvd
- Los Angeles CA
- $55,000,000
- 14 Bed | 25 Bath | 30,000 SqFt
- 2.81 Acres
- MLS® #: 24-351991
- 27910 Pacific Coast Highway
- Malibu CA
- $54,950,000
- 4 Bed | 7 Bath | 5,154 SqFt
- 2.28 Acres
- MLS® #: 23-247789
- 1 W Century Dr PH39
- Los Angeles CA
- $50,000,000
- 3 Bed | 7 Bath | 9,420 SqFt
- 3.7 Acres
- MLS® #: 24-343205
- 677 N Nimes Rd
- Los Angeles CA
- $49,990,000
- 6 Bed | 11 Bath | 20,000 SqFt
- 0.74 Acres
- MLS® #: 24-350901
- 1601 Casale Rd
- Pacific Palisades CA
- $49,950,000
- 7 Bed | 11 Bath | 13,653 SqFt
- 0.64 Acres
- MLS® #: 24-363047
- 10066 Cielo Dr
- Beverly Hills CA
- $49,500,000
- 9 Bed | 18 Bath | 21,000 SqFt
- 3.6 Acres
- MLS® #: 24-376571
- 28808 Cliffside Dr
- Malibu CA
- $48,500,000
- 6 Bed | 9 Bath | 11,154 SqFt
- 1.05 Acres
- MLS® #: 23-339325
- 51 Beverly Park Way
- Beverly Hills CA
- $48,500,000
- 9 Bed | 13 Bath | 16,225 SqFt
- 1.98 Acres
- MLS® #: 24-371639
- 15210 Antelo Pl
- Los Angeles CA
- $48,000,000
- 7 Bed | 15 Bath | 15,042 SqFt
- 3.22 Acres
- MLS® #: 24-343009
- 38 Beverly Park Cir
- Beverly Hills CA
- $47,500,000
- 5 Bed | 11 Bath | 17,365 SqFt
- 2.83 Acres
- MLS® #: 23-305277
- 470 Layton Way
- Los Angeles CA
- $47,000,000
- 8 Bed | 10 Bath | 25,000 SqFt
- 4.56 Acres
- MLS® #: 23-292985
- 780 Tortuoso Way
- Bel Air CA
- $47,000,000
- Bed | 0 Bath | 0 SqFt
- 4.56 Acres
- MLS® #: 24-344501
- 320 St Pierre Rd
- Los Angeles CA
- $46,000,000
- 8 Bed | 11 Bath | 0 SqFt
- 0.95 Acres
- MLS® #: 23-326547
- 615 N Faring Rd
- Los Angeles CA
- $45,000,000
- 6 Bed | 12 Bath | 17,661 SqFt
- 0.69 Acres
- MLS® #: 23-237593
- 1006 N Crescent Dr
- Beverly Hills CA
- $45,000,000
- 10 Bed | 9 Bath | 8,484 SqFt
- 1.26 Acres
- MLS® #: 24-370407
- 0 Copa De Oro Rd
- Los Angeles CA
- $44,970,000
- 6 Bed | 10 Bath | 11,664 SqFt
- 1.81 Acres
- MLS® #: 23-337281
- 1500 Gilcrest Dr
- Beverly Hills CA
- $44,950,000
- 5 Bed | 9 Bath | 11,000 SqFt
- 0.78 Acres
- MLS® #: 22-185169
- 277 ST PIERRE RD
- LOS ANGELES CA
- $44,950,000
- 8 Bed | 20 Bath | 36,000 SqFt
- 1.1 Acres
- MLS® #: 24-385149
- 28926 Cliffside Dr
- Malibu CA
- $44,750,000
- 4 Bed | 5 Bath | 0 SqFt
- 1.05 Acres
- MLS® #: 24-376095
- 811 N Foothill Rd
- Beverly Hills CA
- $44,500,000
- 7 Bed | 14 Bath | 0 SqFt
- 0.63 Acres
- MLS® #: 24-351101
- 1680 N Doheny Dr
- Los Angeles CA
- $43,000,000
- 5 Bed | 8 Bath | 13,500 SqFt
- 1.17 Acres
- MLS® #: 23-274217
- 33602 Pacific Coast Hwy
- Malibu CA
- $42,500,000
- 6 Bed | 8 Bath | 6,451 SqFt
- 0.7 Acres
- MLS® #: 23-321839
- 9501 Gloaming Dr
- Beverly Hills CA
- $40,000,000
- 6 Bed | 6 Bath | 6,377 SqFt
- 7.71 Acres
- MLS® #: 24-382217
- 212 Vance St
- Pacific Palisades CA
- $39,995,000
- 8 Bed | 14 Bath | 0 SqFt
- 1.18 Acres
- MLS® #: 24-367921
- 23812 Malibu Rd
- Malibu CA
- $39,995,000
- 6 Bed | 8 Bath | 4,551 SqFt
- 0.25 Acres
- MLS® #: 24-374909
- 24824 Pacific Coast Hwy
- Malibu CA
- $39,975,000
- 8 Bed | 11 Bath | 6,742 SqFt
- 1.55 Acres
- MLS® #: 23-239105
- 1380 Mockingbird
- Los Angeles CA
- $39,950,000
- 6 Bed | 11 Bath | 14,000 SqFt
- 1.54 Acres
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
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