Wilshire Corridor Condos 1st Qtr 2014 in Review

Originally posted on April 02, 2014


Another quarter has flown by so let’s see how Wilshire Corridor condo sales are doing. Have they slowed down like the rest of the Los Angeles market?

Wilshire Corridor condos the last month in review

The +/- stats are compared to the First Quarter of 2013.

Building Sold +/ Price/
Median Price

Avg. Price
Per Sq. Ft.++

Total
Active

Price/
Median Price

Pending
Beverly West* 0 N/A N/A $1,444.01 3 $5,552,000 0
Blair House 0 = N/A $566.46 3 $1,050,000 0
Crown Towers 1 -1 $640,000 $416.40 3 $475,000 0
La Tour 3 +3 $3,125,000 $920.30 5 $2,450,000 0
Marie Antoinette 0 -5 N/A $285.09 2 $612,000 1
Park Wilshire 0 -1 N/A $488.97 3 $950,000 2
Ten Five Sixty 1 = $1,015,000 $544.82 2 $1,402,500 2
The Californian 0 -1 N/A $876.48 0 N/A 0
The Carlyle**
2 +2 $2,302,000 $820.22 10 $3,420,000 1
The Churchill 0 -4 N/A $373.18 2 $1,324,500 0
The Diplomat 1 +1 $1,240,000 $606.36 1 $1,750,000 0
The Dorchester 0 -1 N/A $437.47 4 $997,000 1
The Grand 1 +1 $1,135,000 $590.53 3 $1,089,000 1
The Longford 0 = N/A $419.43 2 $812,000 0
The Mirabella 1 = $935,000 $422.50 1 $899,000 0
Regency Wilshire 0 = N/A $471.96 3 $1,295,000 0
The Remington 2 +1 $2,472,500 $484.35 7 $899,000 2
The Venezia 0 = N/A N/A 0 N/A 0
The Westford 0 -1 N/A $543.53 0 N/A 0
The Westholme 2 -1 $742,000 $424.61 6 $775,500 1
The Wilshire 0 = N/A $942.76 3 $1,999,000 1
Wilshire Comstock 2 -2 $774,500 $499.84 3 $899,000 2
Wilshire Holmby 2 +1 $890,000 $363.27 5 $699,000 0
Wilshire House 0 -1 N/A $883.79 4 $2.322,500 0
Wilshire Manning 3 +1 $1,100,000 $500.64 3 $1,255,000 1
Wilshire Marquis 2 +1 $585,000 $479.51 1 $585,000 1
Wilshire Regent 4 +1 $494,000 $617.96 1 $495,000 4
Wilshire Selby E.
0 -1 N/A $557.95 1 $495,000 0
Wilshire Selby W.
 2 = $420,000 $442.11 1 $449,000 3
Wilshire Terrace 1 = $950,000 $447.06 3 $1,095,000 0
Wilshire Thayer 1 = $700,000 $397.95 3 $925,000 0

 

Sellers Market Balanced Market Buyers’ Market
Less than 5 months 5 to 7 months More than 7 months

Information taken from the MLS/CLAW deemed reliable but not guaranteed

* The Beverly West does not list all its units on the MLS.

**The Carlyle sells in house also, so the figures may not be totally accurate.

++ This is the last recorded price per sq. ft. where none is presently available.

Sales are pretty slow on the Wilshire Corridor, mainly because of lack of new inventory and sometimes because of the over-pricing of many of the units. Overall prices continue to rise but fresh, well-priced inventory is in dire need.

Recent market reports

Wilshire Corridor Condos 2013 in Review
Wilshire Corridor Condos. 2nd Quarter 2013 in Review
Wilshire Corridor Condos. First Quarter 2013 in Review

Wilshire Corridor Condo Market: The Year in Review

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)

  1. 2 beds, 2 full, 1 part baths
    Home size: 1,787 sq ft
    Lot size: 41,094 sqft
    Year built: 1982
    Parking spots: 4
    Days on market: 3
  2. 1 bed, 2 full baths
    Home size: 1,139 sq ft
    Lot size: 36,902 sqft
    Year built: 1980
    Days on market: 5
  3. 2 beds, 2 full, 1 part baths
    Home size: 2,814 sq ft
    Lot size: 1.16 ac
    Year built: 1989
    Days on market: 5
  4. 3 beds, 3 full baths
    Home size: 1,459 sq ft
    Year built: 1962
    Parking spots: 4
    Days on market: 5
  5. 1 bed, 2 full baths
    Home size: 1,090 sq ft
    Lot size: 2.14 ac
    Year built: 1958
    Days on market: 8
  6. 4 beds, 2 full, 2 part baths
    Home size: 2,765 sq ft
    Lot size: 1.06 ac
    Year built: 1991
    Days on market: 13
  7. 1 bed, 1 full bath
    Lot size: 42,193 sqft
    Year built: 1963
    Days on market: 15
  8. 2 beds, 2 full, 1 part baths
    Home size: 2,100 sq ft
    Lot size: 41,025 sqft
    Year built: 1961
    Days on market: 16
  9. 4 beds, 5 full, 1 part baths
    Home size: 5,742 sq ft
    Lot size: 1.06 ac
    Year built: 1991
    Days on market: 16
  10. 2 beds, 3 full, 1 part baths
    Home size: 3,544 sq ft
    Lot size: 37,847 sqft
    Year built: 2001
    Days on market: 22
  11. 3 beds, 2 full, 2 part baths
    Home size: 3,295 sq ft
    Lot size: 2.14 ac
    Year built: 1958
    Days on market: 22
  12. 2 beds, 3 full baths
    Home size: 2,283 sq ft
    Lot size: 28,070 sqft
    Year built: 1979
    Days on market: 30
  13. 2 beds, 3 part baths
    Home size: 3,813 sq ft
    Lot size: 24,957 sqft
    Year built: 2015
    Parking spots: 4
    Days on market: 31
  14. 2 beds, 2 full, 1 part baths
    Home size: 2,837 sq ft
    Lot size: 38,053 sqft
    Year built: 2010
    Days on market: 35
  15. 1 bed, 2 full baths
    Home size: 1,105 sq ft
    Lot size: 31,459 sqft
    Year built: 1963
    Days on market: 36

See all Wilshire Corridor Condos for Sale.
(all data current as of 7/29/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the CONTACT FORM or call me at 310-473-6919

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