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® #: 22-213107
- 1100 Bel Air Rd
- Los Angeles CA
- $29,995,000
- Bed | 0 Bath | 0 SqFt
- 4.58 Acres
- MLS® #: 24-375983
- 1055 Stradella Rd
- Los Angeles CA
- $29,950,000
- 6 Bed | 11 Bath | 13,600 SqFt
- 0.61 Acres
- MLS® #: 23-301225
- 9669 Oak Pass Rd
- Beverly Hills CA
- $29,950,000
- 8 Bed | 13 Bath | 16,900 SqFt
- 2 Acres
- MLS® #: 23-334665
- 31555 Pacific Coast Hwy
- Malibu CA
- $29,900,000
- 7 Bed | 13 Bath | 12,000 SqFt
- 7.13 Acres
- MLS® #: 23-302193
- 111 N Mapleton Dr
- Los Angeles CA
- $29,900,000
- 7 Bed | 13 Bath | 14,259 SqFt
- 1.32 Acres
- MLS® #: 24-381351
- 30601 Morning View Dr
- Malibu CA
- $29,800,000
- Bed | 0 Bath | 0 SqFt
- 5.35 Acres
- MLS® #: 24-376657
- 9705 Oak Pass Rd
- Beverly Hills CA
- $29,500,000
- 7 Bed | 9 Bath | 8,829 SqFt
- 0.58 Acres
- MLS® #: 24-363277
- 706 N Canon Dr
- Beverly Hills CA
- $29,500,000
- 9 Bed | 13 Bath | 10,288 SqFt
- 1.16 Acres
- MLS® #: 24-351529
- 5900 Bonsall Dr
- Malibu CA
- $29,500,000
- 5 Bed | 6 Bath | 7,200 SqFt
- 4 Acres
- MLS® #: 24-363095
- 545 Chalette Dr
- Beverly Hills CA
- $28,950,000
- 6 Bed | 8 Bath | 10,274 SqFt
- 0.46 Acres
- MLS® #: 24-345587
- 1200 Club View Dr 22
- Los Angeles CA
- $28,950,000
- 4 Bed | 7 Bath | 7,976 SqFt
- 0.57 Acres
- MLS® #: 23-339263
- 9463 Sunset Blvd
- Beverly Hills CA
- $28,900,000
- 5 Bed | 6 Bath | 7,029 SqFt
- 1.6 Acres
- MLS® #: 24-371965
- 25365 Prado De La Felicidad
- Calabasas CA
- $28,750,000
- 7 Bed | 10 Bath | 16,850 SqFt
- 1.11 Acres
- MLS® #: 23-329165
- 6889 Dume Dr
- Malibu CA
- $28,500,000
- 6 Bed | 8 Bath | 8,500 SqFt
- 2.14 Acres
- MLS® #: 24-388413
- 783 Bel Air Rd
- Los Angeles CA
- $27,950,000
- Bed | 0 Bath | 0 SqFt
- 1.41 Acres
- MLS® #: 23-292717
- 1940 Bel Air Rd
- Los Angeles CA
- $27,900,000
- 8 Bed | 15 Bath | 17,013 SqFt
- 0.59 Acres
- MLS® #: 24-388675
- 13187 Chalon Rd
- Los Angeles CA
- $27,688,000
- 7 Bed | 9 Bath | 14,000 SqFt
- 1.31 Acres
- MLS® #: 23-292983
- 788 Tortuoso Way
- Bel Air CA
- $27,000,000
- Bed | 0 Bath | 0 SqFt
- 2.97 Acres
- MLS® #: 22-181525
- 9000 W 3rd St Penthouse
- Los Angeles CA
- $27,000,000
- 0 Bed | 0 Bath | 12,700 SqFt
- 1.29 Acres
- MLS® #: 24-386149
- 141 N Bentley Ave
- Los Angeles CA
- $26,995,000
- 7 Bed | 10 Bath | 9,040 SqFt
- 0.68 Acres
- MLS® #: 23-342069
- 1375 N Doheny Dr
- Los Angeles CA
- $26,995,000
- 5 Bed | 9 Bath | 10,613 SqFt
- 0.4 Acres
- MLS® #: 23-327461
- 14330 W Sunset Blvd
- Pacific Palisades CA
- $26,995,000
- 7 Bed | 13 Bath | 15,100 SqFt
- 1 Acres
- MLS® #: 24-369809
- 362 Copa De Oro Rd
- Los Angeles CA
- $26,985,000
- 6 Bed | 9 Bath | 11,664 SqFt
- 1.81 Acres
- MLS® #: 24-380263
- 4750 Encino Ave
- Encino CA
- $26,500,000
- 12 Bed | 13 Bath | 0 SqFt
- 1.48 Acres
- MLS® #: 24-375613
- 499 Halvern Dr
- Los Angeles CA
- $26,000,000
- 8 Bed | 16 Bath | 12,800 SqFt
- 0.86 Acres
- MLS® #: 24-356053
- 3314 Serra Rd
- Malibu CA
- $26,000,000
- 6 Bed | 9 Bath | 11,358 SqFt
- 3.93 Acres
- MLS® #: 24-368931
- 11865 Ellice St
- Malibu CA
- $25,995,000
- 6 Bed | 9 Bath | 14,429 SqFt
- 2.48 Acres
- MLS® #: AR23230008MR
- 3035 San Gabriel BLVD
- ROSEMEAD CA
- $25,888,000
- Bed | 0 Bath | 0 SqFt
- 5 Acres
- MLS® #: SB24055932MR
- 1800 The Strand
- MANHATTAN BEACH CA
- $25,000,000
- 5 Bed | 6 Bath | 5,329 SqFt
- 0 Acres
- MLS® #: SB24031051MR
- 3216 The Strand
- MANHATTAN BEACH CA
- $25,000,000
- 5 Bed | 8 Bath | 7,454 SqFt
- 0 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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