Wilshire Corridor Condo Market: The Year in Review

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
Per Sq. Ft.**

Total
Active

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® #: 25497697
  • 607 Siena Way
  • Bel Air CA
  • $177,000,000
  • 8 Beds | 25 Baths | 35,000 SqFt
  • 1 Acres
MLS® #: 24-449959
  • 1261 Angelo Dr
  • Beverly Hills CA
  • $175,000,000
  • 16 Beds | 27 Baths | 50,000 SqFt
  • 6 Acres
MLS® #: 25516441
MLS® #: 23-231909
MLS® #: 23-321859
  • 9505 Gloaming
  • Beverly Hills CA
  • $126,000,000
  • 8 Beds | 20 Baths | 30,610 SqFt
  • 2 Acres
MLS® #: 25511979
  • 10936 Chalon Rd
  • Los Angeles CA
  • $120,000,000
  • 9 Beds | 13 Baths | 14,941 SqFt
  • 1 Acres
MLS® #: 25497825
  • 729 Bel Air Rd
  • Los Angeles CA
  • $120,000,000
  • 9 Beds | 20 Baths | 18,784 SqFt
  • 3 Acres
MLS® #: 25557071
MLS® #: 25555899
  • 9904 Kip DR
  • BEVERLY HILLS CA
  • $79,000,000
  • 1 Beds | 22 Baths | 24,757 SqFt
  • 19 Acres
MLS® #: 25-482497
MLS® #: 25556835
MLS® #: 24-386085
  • 107 Delfern Dr
  • Los Angeles CA
  • $65,000,000
  • 1 Beds | 19 Baths | 21,000 SqFt
  • 1 Acres
MLS® #: 24-440479
MLS® #: 25494997
MLS® #: 24-437007
MLS® #: 25536281
  • 1101 Bel Air Pl
  • Los Angeles CA
  • $59,995,000
  • 5 Beds | 17 Baths | 24,920 SqFt
  • 2 Acres
MLS® #: 24-463937
MLS® #: 25-483555
  • 616 N Beverly Dr
  • Beverly Hills CA
  • $59,500,000
  • 7 Beds | 14 Baths | 20,520 SqFt
  • 0 Acres
MLS® #: 25561595
  • 12833 Chalon Rd
  • Los Angeles CA
  • $58,500,000
  • 6 Beds | 9 Baths | 9,960 SqFt
  • 5 Acres
MLS® #: 25521971
MLS® #: 25538697
  • 1129 Tower Rd
  • Beverly Hills CA
  • $55,000,000
  • 7 Beds | 14 Baths | 15,000 SqFt
  • 1 Acres
MLS® #: 25504155
MLS® #: 25548255
  • 766 Paseo Miramar
  • Pacific Palisades CA
  • $54,000,000
  • 7 Beds | 12 Baths | 18,372 SqFt
  • 1 Acres
MLS® #: 25-476043
  • 1108 Wallace Rdg
  • Beverly Hills CA
  • $53,000,000
  • 7 Beds | 14 Baths | 18,169 SqFt
  • 0 Acres
MLS® #: 25499293
MLS® #: AR25122911MR
MLS® #: 25540667
  • 684 Firth Ave
  • Los Angeles CA
  • $49,999,999
  • 6 Beds | 10 Baths | SqFt
  • 1 Acres
MLS® #: 25517025
  • 10066 Cielo Dr
  • Beverly Hills CA
  • $49,995,000
  • 9 Beds | 18 Baths | 21,000 SqFt
  • 3 Acres
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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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This site was last updated Jul-11-2025 8:09:40 am.
 

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