Let’s take a look at how Downtown Los Angeles condos fared over the past year.
For the purposes of this report I have broken the price ranges down to under $500K, $500K to $1 Million, and the over $1 Million bracket. The largest movement is in the under $under 500K category.
Market absorption indicates the amount of time it will take to sell the existing inventory on the market. Â Six months is a balanced market; under six months a sellers’ market; over six months a buyers’ market.
Downtown Los Angeles Condos under $500,000 are a hot commodity, and definitely a strong sellers’ market, indicated by the low inventory.
91 of the past year’s sales were studios, which are extremely popular and hard to find, especially in good condition. 34 of these were short sales or foreclosures.
Out of the remaining 275 condos sold over the past year, 71 were either a foreclosure or short sales.
The median price has declined slightly over the previous 12 months, but the sold to list price has increased.
Only two sales in this category were either a short sale or foreclosure.
The media price has increased, as has the sold price to list price.
With a little over six months’ worth of inventory, the $500K to $1M Los Angeles Downtown condos price range is fairly stable, leaning slightly towards buyers.
The over $1 Million Downtown Los Angeles condo market is basically based on two buildings, the Ritz Carlton Residences at L.A. Live,  and EVO, and sales in this price range are slow, with over two years’ worth of inventory.
Search Condos for Sale in Downtown Los Angeles




- MLS® #: 22-151323
- 33550 PACIFIC COAST HWY
- MALIBU CA
- $225,000,000
- 16 Bed | 22 Bath | 25,025 SqFt
- 4.81 Acres
- MLS® #: 23-231909
- 594 S Mapleton Dr
- Los Angeles CA
- $155,000,000
- 14 Bed | 27 Bath | 56,500 SqFt
- 4.6 Acres
- MLS® #: 22-166189
- 10721 Stradella CT
- LOS ANGELES CA
- $150,000,000
- 9 Bed | 14 Bath | 20,841 SqFt
- 1.15 Acres
- MLS® #: 22-216345
- 1200 Bel Air Rd
- Los Angeles CA
- $139,000,000
- 12 Bed | 17 Bath | 0 SqFt
- 2.08 Acres
- MLS® #: WS23036820MR
- 6300 Stephens Ranch RD
- LA VERNE CA
- $99,000,000
- Bed | 0 Bath | 0 SqFt
- 197 Acres
- MLS® #: 21-101899
- 1420 Davies Dr
- Beverly Hills CA
- $87,000,000
- 8 Bed | 14 Bath | 21,800 SqFt
- 7.8 Acres
- MLS® #: 21-791862
- 1210 Benedict Canyon Dr
- Beverly Hills CA
- $85,000,000
- 11 Bed | 16 Bath | 27,150 SqFt
- 2.69 Acres
- MLS® #: 23-239903
- 107 Delfern Dr
- Los Angeles CA
- $85,000,000
- 10 Bed | 19 Bath | 21,000 SqFt
- 1.88 Acres
- MLS® #: 23-245068
- 25142 Pacific Coast Hwy
- Malibu CA
- $75,000,000
- 7 Bed | 9 Bath | 13,126 SqFt
- 1.73 Acres
- MLS® #: 22-163315
- 2571 WALLINGFORD DR
- BEVERLY HILLS CA
- $74,995,000
- 12 Bed | 24 Bath | 38,000 SqFt
- 5.2 Acres
- MLS® #: 23-240041
- 9330 Flicker Way
- Los Angeles CA
- $72,500,000
- 9 Bed | 14 Bath | 0 SqFt
- 0.9 Acres
- MLS® #: 22-215267
- 32300 Pacific Coast Hwy
- Malibu CA
- $72,000,000
- 8 Bed | 10 Bath | 10,438 SqFt
- 2.79 Acres
- MLS® #: 23-243691
- 24186 CASE CT
- MALIBU CA
- $69,995,000
- 5 Bed | 8 Bath | 10,527 SqFt
- 2.66 Acres
- MLS® #: 23-243887
- 1525 San Vicente Blvd
- Santa Monica CA
- $69,000,000
- 7 Bed | 13 Bath | 22,640 SqFt
- 1.61 Acres
- MLS® #: 23-245455
- 41800 Pacific Coast Hwy
- Malibu CA
- $68,800,000
- 5 Bed | 7 Bath | 8,206 SqFt
- 0.83 Acres
- MLS® #: 23-230943
- 1859 Bel Air Rd
- Los Angeles CA
- $68,000,000
- 9 Bed | 13 Bath | 20,000 SqFt
- 1.39 Acres
- MLS® #: 22-167741
- 1005 N Alpine DR
- BEVERLY HILLS CA
- $65,000,000
- 4 Bed | 6 Bath | 4,351 SqFt
- 2.66 Acres
- MLS® #: 21-705644
- 133 S Mapleton DR
- LOS ANGELES CA
- $65,000,000
- 9 Bed | 14 Bath | 30,000 SqFt
- 1.1 Acres
- MLS® #: 22-174347
- 10250 W Sunset Blvd
- Los Angeles CA
- $65,000,000
- 17 Bed | 25 Bath | 29,108 SqFt
- 2.81 Acres
- MLS® #: 23-243305
- 1678 Alta Mura Rd
- Pacific Palisades CA
- $64,000,000
- 8 Bed | 14 Bath | 16,000 SqFt
- 1.08 Acres
- MLS® #: 22-216111
- 271 S Mapleton Dr
- Los Angeles CA
- $63,000,000
- 8 Bed | 12 Bath | 31,450 SqFt
- 1.4 Acres
- MLS® #: 22-183864
- 24188 Case Ct
- Malibu CA 90265
- $60,000,000
- 4 Bed | 7 Bath | 10,555 SqFt
- 3.45 Acres
- MLS® #: 23-240861
- 10697 Somma Way
- Los Angeles CA
- $59,000,000
- 8 Bed | 21 Bath | 41,000 SqFt
- 1.35 Acres
- MLS® #: SR22243495CN
- 530 S Mapleton DR
- LOS ANGELES CA
- $56,000,000
- 11 Bed | 27 Bath | 33,652 SqFt
- 1 Acres
- MLS® #: 22-208983
- 28034 Sea Lane Dr
- Malibu CA
- $55,000,000
- 3 Bed | 4 Bath | 5,507 SqFt
- 0.72 Acres
- MLS® #: 22-185169
- 277 ST PIERRE RD
- LOS ANGELES CA
- $52,000,000
- 8 Bed | 20 Bath | 36,000 SqFt
- 1.1 Acres
- MLS® #: 23-248967
- 470 Layton Way
- Los Angeles CA
- $52,000,000
- 8 Bed | 10 Bath | 25,000 SqFt
- 4.56 Acres
- MLS® #: 22-181525
- 9000 W 3rd St Penthouse
- Los Angeles CA
- $50,000,000
- 0 Bed | 0 Bath | 12,700 SqFt
- 1.29 Acres
- MLS® #: 23-237947
- 755 Sarbonne Rd
- Los Angeles CA
- $49,995,000
- 6 Bed | 10 Bath | 15,000 SqFt
- 1.04 Acres
- MLS® #: 23-237237
- 55 Beverly Park Way
- Beverly Hills CA
- $48,500,000
- 7 Bed | 12 Bath | 14,239 SqFt
- 2.79 Acres
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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).