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You want to live on the Wilshire Corridor? I don't blame you. It is a lifestyle many people would love to live. Imagine coming home and not having to worry about parking your car. You just hand it off to the valet. Got packages? Expecting a delivery? There are people who will bring them to your unit. Feel like relaxing in the pool or spa at the end of a hard day, or working it off at the gym? Check. So what does it cost to live on the Wilshire Corridor and what do you get … [Read more...]
It is the new year and time to see what happened with the Wilshire Corridor condo market in January. There is a desperate shortage of inventory, sales prices are rising, and the luxury market which has been stagnant for a while is finally starting to move. So, let's take a look: Wilshire Corridor condo sales Sold +/- Price Range Median Price +/- Active Median New Jan. Pending Sold v List Price 6 -5 $400,000 to … [Read more...]
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 … [Read more...]
It has been a while since we looked at what is for sale on the Wilshire Corridor. Let's see how sales are going so far this year. Condo Building Sold Median Price Active Median Price Absorption Beverly West * 0 7 $5,304,450 N/A Blair House 2 $1,254,500 2 $2,025,000 10 Crown Towers 3 $405,000 3 $675,000 10 La … [Read more...]
