Wilshire Corridor Condos 2013 in Review

It’s time to take a look at how the Wilshire Corridor condo market performed in 2013 and compare it to 2012 activity.

The figures are primarily based on 2 bedrooms units and up and do not include penthouse units.

 

 

Building Sold +/2012 Median Price +/- 2012

Avg. Price
Per Sq. Ft.**

Total
Active

Median Price

Pending
Beverly West * 1 = $5,506,000 N/A $1,444.01 N/A N/A N/A
Blair House 
9 +5 $971,000 -30.32% $566.46 4 $1,672,500 0
Crown Towers 5 +4 $616,091 N/A $426.58 1 $779,000 1
La Tour
3 +1 $2,000,000 -2.91% $664.18 4 $2,835,000 2
Marie Antoinette 
5 = $412,700 +3.17% $285.09 3 $585,000 0
Park Wilshire  12 +6 $902,000 +30.24% $488.97 2 $1,360,000 0
Ten Five Sixty  6 -2 $810,000 -15.84% $514.49 2 $1,395,000 0
The Californian
4 -1 $2,450,000 +16.67 $876.48 0 N/A 0
The Carlyle ** 6 +2 $2,803,125 +11.41% $922.46 7 $3,995,000 2
The Churchill  5 +3 $524,800 -6.70% $373.18 2 $1,800,000+ 0
The Diplomat  0 -2 N/A N/A N/A 1 $1,295,000 0
The Dorchester  4 -2 $690,000 -3.16% $437.47 3 $895,000 1
The Grand 
7 +3 $899,000 +46.18% $522.27 1 $989,000 1
The Longford  2 -1 $842,000 +60.38% $419.43 0 N/A 0
The Mirabella  8 +5 $1,096,250 +11.86% $500.63 2 $1,032,500 0
The Regency Wilshire  1 = $1,000,000 N/A $476.87 0 N/A 0
The Remington
11 -4 $2,277,500 +47.70% $799.68 8 $1,397,000 1
The Venezia  0 = N/A N/A N/A 0 N/A 0
The Westford 6 +4 $1,190,000 +18.15% $543.53 0 N/A 0
The Westholme 6 -1 $712,500 +47.52% $408.01 6 $805,000 1
The Wilshire 4 +2 $2,775,000 +60.51% $942.76 5 $2,295,000 0
Wilshire Comstock
3 -5 $645,000 +4.88% $362.32 3 $975,000 0
Wilshire Holmby 4 = $520,500 +13.15% $375.28 0 N/A 0
Wilshire House 4 -1 $2,590,000 -6.67% $883.79 2 $2.675,000 0
The Wilshire Manning  7 +6 $992,000 -14.48% $438.00 3 $1,295,000 0
Wilshire Marquis 6 -1 $551,000 +11.31% $454.63 1 $749,000 1
Wilshire Regent+ 11 -1 $450,000 +10.77% $550.24 3 $585,000 2
Wilshire Selby East + 2 -3 $491,000 +9.11% $557.95 0 N/A 0
Wilshire Selby West + 8 +7 $400,000 +12.68% $460.37 1 $459,000 2
Wilshire Terrace  7 +2 $750,000 +31.00% $489.15 1 $2,500,000 0
Wilshire Thayer  3 +2 $520,000 -54.78% $312.68 2 $1,064,000 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 sells in-house and does not list or report all its activity.

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

+These figures include one bedroom units

There isn’t an overall trend showing from 2014 sales on the Wilshire Corridor. Inventory has basically not improved with the majority of buildings favoring sellers or balanced between a buyers or sellers market.

Median prices up overall as are sales. Pending sales are down so it will be interesting to see what the 1st Quarter brings.

Previous annual market reports

Wilshire Corridor Condo Market the Year in Review
Wilshire Corridor Condo Market Report 2011

Wilshire Corridor Condos for Sale

(Sample listings)

$22,000,000
6
7
11618
1.14
3350 Stoneridge Ln
Los Angeles CA
Listed by Sotheby's International RealtyCARETS logo
$22,000,000
7
8
7400
0.81480716253444
725 N Faring Rd
Los Angeles CA
Listed by Coldwell Banker RealtyCARETS logo
$21,950,000
0
1.06
1001 Bel Air Rd
Los Angeles CA
Listed by Plus Real EstateCARETS logo
$21,500,000
1
12
8964
0.91
2188 Ponet Dr
Los Angeles CA
Listed by Rodeo RealtyCARETS logo
$21,100,000
4
6
4849
6.18
211 W Elm Ct 39B
Los Angeles CA
Listed by Sotheby's International RealtyCARETS logo
7
11
14453
3
5340 WHITMAN RD
HIDDEN HILLS CA
Listed by Douglas Elliman of California, Inc.CARETS logo
$20,900,000
8
14
14000
0.56
1000 N Norman Pl
Los Angeles CA
Listed by Carolwood EstatesCARETS logo
$19,995,000
7
9
8990
0.26
634 Moreno Ave
Los Angeles CA
Listed by Westside Estate Agency Inc.CARETS logo
$19,995,000
6
8
6789
0.5
655 N Faring Rd
Los Angeles CA
Listed by Carolwood EstatesCARETS logo
$19,995,000
5
7
7025
0.72
422 Parkwood Dr
Los Angeles CA
Listed by Coldwell Banker RealtyCARETS logo
$19,995,000
7
8
9780
0.47
1307 N Doheny Dr
Los Angeles CA
Listed by The Beverly Hills EstatesCARETS logo
$19,995,000
6
7
10595
0.94033516988062
2041 Mandeville Canyon Rd
Los Angeles CA
Listed by CompassCARETS logo
$19,989,000
8
10
12780
1.07
23615 Long Valley Rd
Hidden Hills CA
Listed by The Beverly Hills EstatesCARETS logo
1
16
17230
3
188 Deodar LN
BRADBURY CA
Listed by Goldstar Properties InvestmentCARETS logo
$19,500,000
6
9
10350
0.34
1395 N Doheny Dr
Los Angeles CA
Listed by Resident GroupCARETS logo
$18,995,000
6
8
9953
0.49435261707989
1609 Magnetic TER
LOS ANGELES CA
Listed by Douglas Elliman of California, Inc.CARETS logo
$18,500,000
8
11
11500
0.28
2304 Donella Cir
Los Angeles CA
Listed by Christie's International Real Estate SoCalCARETS logo
$18,495,000
6
12
13497
0.48
260 S Canyon View Dr
Los Angeles CA
Listed by Christie's International Real Estate SoCalCARETS logo
$18,495,000
6
11
12500
3.47
16401 Mulholland Dr
Los Angeles CA
Listed by The AgencyCARETS logo
$18,495,000
3
5
5094
1.69
235 St Pierre Rd
Los Angeles CA
Listed by Carolwood EstatesCARETS logo
$17,995,000
6
7
11000
1.3
24172 Lupin Hill Rd
Hidden Hills CA
Listed by CompassCARETS logo
$17,995,000
7
10
10947
0.76
13164 Boca De Canon Ln
Los Angeles CA
Listed by CompassCARETS logo
$17,995,000
6
9
9738
0.38
821 Glenmere Way
Los Angeles CA
Listed by Rodeo RealtyCARETS logo
4
4
6087
5
99 Bliss Canyon RD
BRADBURY CA
Listed by Pinnacle Real Estate GroupCARETS logo
$17,950,000
5
7
7000
0.90592286501377
10601 Wilshire Blvd 19E
Los Angeles CA
Listed by The Beverly Hills EstatesCARETS logo
$17,888,000
7
9
9200
0.61
7305 Pyramid Pl
Los Angeles CA
Listed by Hollywood EstatesCARETS logo
$17,695,000
6
8
9240
0.35
10444 Charing Cross Rd
Los Angeles CA
Listed by CompassCARETS logo
9
14
17489
4
11 Deodar LN
BRADBURY CA
Listed by Keller Williams RealtyCARETS logo
$17,500,000
6
6
7830
0.77
10950 Bellagio Rd
Los Angeles CA
Listed by Douglas EllimanCARETS logo
$16,995,000
6
8
11000
1.07
24877 Eldorado Meadow Rd
Hidden Hills CA
Listed by The AgencyCARETS logo
$16,995,000
6
7
8436
0.51
4320 Cedarhurst Cir
Los Angeles CA
Listed by Coldwell Banker RealtyCARETS logo
$16,995,000
6
8
8508
0.75
13167 Boca De Canon Ln
Los Angeles CA
Listed by CompassCARETS logo
$16,988,000
4
5
0.52
1810 Mango Way
Los Angeles CA
Listed by The AgencyCARETS logo
$16,495,000
5
6
7172
0.42
1749 Mandeville Ln
Los Angeles CA
Listed by Coldwell Banker RealtyCARETS logo
$16,250,000
7
10
11104
1.01
1740 Bel Air Rd
Los Angeles CA
Listed by Carolwood EstatesCARETS logo
$16,000,000
7
11
9150
0.42
664 Elkins Rd
Los Angeles CA
Listed by Christie's International Real Estate SoCalCARETS logo
0
5
1 Sesnon BLVD
LOS ANGELES CA
Listed by Pinnacle Estate Properties IncCARETS logo
$15,999,000
6
9
7504
0.37
1149 Linda Flora Dr
Los Angeles CA
Listed by CompassCARETS logo
$15,999,000
7
9
12027
0.92
1475 Bel Air Rd
Los Angeles CA
Listed by CompassCARETS logo
$15,995,000
3
5
5600
3.71
1 W Century Dr 37A
Los Angeles CA
Listed by Douglas EllimanCARETS logo
$15,995,000
0
1.26
7 Oakmont Dr
Los Angeles CA
Listed by Coldwell Banker RealtyCARETS logo
$15,995,000
5
7
9800
0.66
1457 Blue Jay Way
Los Angeles CA
Listed by Christie's International Real Estate SoCalCARETS logo
$15,995,000
5
7
4731
0.91
101 Bel Air Rd
Los Angeles CA
Listed by Christie's International Real Estate SoCalCARETS logo
$15,995,000
4
3
2364
1.81
13241 Riviera Ranch Rd
Los Angeles CA
Listed by Rodeo Realty- BrentwoodCARETS logo
$15,950,000
6
9
10887
1.06
5717 Round Meadow Rd
Hidden Hills CA
Listed by Christie's International Real Estate SoCalCARETS logo
$15,550,000
3
4
5540
0.87
10727 Wilshire Blvd PH2
Los Angeles CA
Listed by The Beverly Hills EstatesCARETS logo
$15,000,000
1
11
11000
0.52
7017 Senalda Rd
Los Angeles CA
Listed by The AgencyCARETS logo
$14,995,000
6
9
6150
0.44
1900 Bel Air Rd
Los Angeles CA
Listed by The AgencyCARETS logo
$14,995,000
11
16
10868
1.88
10934 Bellagio Rd
Los Angeles CA
Listed by CompassCARETS logo
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