How is the Wilshire Corridor Condo Market? What’s For Sale?

It has been very quiet of late in the Wilshire Corridor condo market. Very little is coming on the market, either for sale or lease.

We will compare the third quarter of last year with the third quarter of this year, which is no quite over but close enough.

50 units were sold. Compared to last year that is a drop of 15.

The median sales price rose 24% in 2016 to $1,165,000.

Average days on the market remained about the same at 104.

At the average days on the market of 104 the sold price was 97.38% of the list price.

Based on the number of sales, with 55 active listings the Wilshire Corridor condo market heavily favors sellers.

The total sales volume in the 3rd Qtr of 2016 was $76.7M as opposed to $101.1M in 2015.

Let’s look at leases on the Wilshire Corridor.

There were 9 less condos leased this year over last year.

The average rental price was up slightly.

Average days on the market remained about the same at 46. The lowest rental price was $2,500 and the highest $16,500.

So which Wilshire Corridor condo buildings currently have listings?

Beverly West – 1 two-bedroom, 3,813 sq. ft unit at $6,995,000.  Homeowners Dues (HOD) $4,233.63, (Note that there are other units for sale in the building but not listed on the Multiple Listing Service – MLS)

The Wilshire Comstock  – 1 two bedroom and 1 one-bedroom unit at $1,095,000 and $795,00 and HOD $1,234.22 and $1,347 respectively.

The Diplomat – 2 two-bedroom penthouse units, 1,834 sq. ft. for $1,599,000, HOD $1895.85, and 2,352 sq. ft. for $1,988,000, HOD $2,382.

Wilshire Terrace – 1 three-bedroom, 4,500 sq. ft. unit for $3,395,000, HOD $5,308.68.

Wilshire Holmby – 3 three-bedroom and 1 two-bedroom units from $799,000 to $889,000 HOD from $1,062.91 to $1,611.

The Grand – a double unit – 4 bedrooms, 3,594 sq. ft for $2995,000, HOD $3,009.

The Churchill – 1 one bedroom, 1 two-bedroom, 1 three-bedroom for $575,000, $1,050,000, $920,000 and HOD $927, $1,797 and $1,658 respectively.

Blair House – 1 three-bedroom junior penthouse, 1 three-bedroom 1 two-bedroom, $5,250,000, $1,799,000, $1,850, and HOD $3,240, $2,520 and $2,520 respectively.

The Wilshire Regent – 1 one-bedroom unit for $595,000, HOD $870.

The Dorchester – 1 three-bedroom unit for $1,149,000, HOD $1,565.

The Regency Wilshire – 2 two-bedroom units both for $1,795,000, HOD $1,660 and $1,730.

Ten Five Sixty – 1 two-bedroom unit for $2,375,000, HOD $2,169.04.

The Wilshire – 1 two-bedroom unit for $1,799,000, HOD $3,526.

The Westholme – 2 two-bedrooms, 1 three-bedroom, $649,000, $1,395,000, $899,000 and HOD $1,195, $1,925 and $1,780 respectively.

Wilshire House – 1 three-bedroom penthouse, and 3 two-bedrooms, $13,500,000, $2,395,000, $1,495,000, $1,995,000 and HOD $8.015, $2,836, $2,537.84, and $2,896.14 respectively.

Crown Towers – 1 one-bedroom unit for $699,000, HOD $977.

Park Wilshire – 2 two-bedroom units for $1,295,000 and $1,695, with HOD $1,774 and $1,858,58 respectively.

The Remington – 1 three-bedroom unit for $3,195,000, HOD $3,345.

Wilshire Selby East – 1 two bedroom unit for $725,000, HOD $575.

Wilshire Selby West – 1 one-bedroom unit for $579,000, HOD $650.

The Carlyle – 4 – two-bedroom, 1 3-bedroom, $3,695,000, $3,300,000, $3,250,000, $4,195,000 and $4,500,000, HOD $2,950, $2,809.42, $2,809.42, and $2,918.38 respectively.

The Longford – 2 two-bedroom units, $869,000 and $1,795,000, HOD $1,320 and $1,712 respectively.

The Venezia – 1 two-bedroom unit for $1,795,000, HOD $1,108.52.

The Californian – 2 two-bedroom, 1 three-bedroom, $2,995,000, $2,500,000, $3,800,000, HOD $3,075, $3,300 and $3,123 respectively.

The average days on the market for these active listings is 68.

Please don’t hesitate to contact me if you would like more information on any of these Wilshire Corridor condos for sale.

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

 Wilshire Corridor condos for sale

 

$135,000,000
8
20
1.22
607 Siena Way
Los Angeles CA
Listed by Carolwood EstatesCARETS logo
$125,000,000
7
12
22000
0.97
7661 Curson Ter
Los Angeles CA
Listed by The Beverly Hills EstatesCARETS logo
$99,950,000
12
17
2.08
1200 Bel Air Rd
Los Angeles CA
Listed by CompassCARETS logo
$95,000,000
9
20
18784
3.32
729 Bel Air Rd
Los Angeles CA
Listed by Westside Estate Agency Inc.CARETS logo
$85,000,000
4
7
23894
0.29
9126 Cordell Dr
Los Angeles CA
Listed by Christie's International Real Estate SoCalCARETS logo
$72,500,000
7
9
13400
0.41
9006 Thrasher Ave
Los Angeles CA
Listed by Coldwell Banker RealtyCARETS logo
$70,000,000
9
15
20000
3.84
3099 Mandeville Canyon Rd
Los Angeles CA
Listed by Nourmand & Associates-BHCARETS logo
$68,000,000
9
14
0.9
9330 Flicker Way
Los Angeles CA
Listed by CompassCARETS logo
$59,900,000
9
14
26522
1.1
133 S Mapleton DR
LOS ANGELES CA
Listed by Christie's International Real Estate SoCalCARETS logo
$55,000,000
5
17
24920
2.33
1101 Bel Air Pl
Los Angeles CA
Listed by CompassCARETS logo
$55,000,000
6
10
18000
1.06
1165 Somera Rd
Los Angeles CA
Listed by CompassCARETS logo
$49,995,000
9
15
16305
0.97
250 N Carolwood Dr
Los Angeles CA
Listed by Carolwood EstatesCARETS logo
$49,500,000
7
11
11449
2.47
12705 Chalon Rd
Los Angeles CA
Listed by CompassCARETS logo
$49,500,000
6
9
9960
5.37
12833 Chalon Rd
Los Angeles CA
Listed by CompassCARETS logo
$48,985,000
8
11
11015
13.38
1005 Bel Air Ct
Los Angeles CA
Listed by Christie's International Real Estate SoCalCARETS logo
$48,000,000
7
14
15350
0.84
145 N Mapleton Dr
Los Angeles CA
Listed by CompassCARETS logo
$47,000,000
8
10
25000
4.5623737373737
470 Layton Way
Los Angeles CA
Listed by The Beverly Hills EstatesCARETS logo
$42,500,000
5
9
7826
1.45
570 S Mapleton Dr
Los Angeles CA
Listed by Westside Estate Agency Inc.CARETS logo
$41,950,000
7
12
13500
0.58
250 S Rockingham Ave
Los Angeles CA
Listed by The AgencyCARETS logo
$39,995,000
6
10
1.93
684 Firth Ave
Los Angeles CA
Listed by Carolwood EstatesCARETS logo
$39,995,000
9
16
21344
1.98
822 N Kenter
Los Angeles CA
Listed by Christie's International Real Estate SoCalCARETS logo
$39,995,000
7
10
11050
0.89
701 Nimes Rd
Los Angeles CA
Listed by Sotheby's International RealtyCARETS logo
$39,995,000
6
11
9052
1.4995408631772
400 St Cloud Rd
Los Angeles CA
Listed by CompassCARETS logo
7
11
20018
3
24255 BRIDLE TRAIL RD
HIDDEN HILLS CA
Listed by Douglas Elliman of California, Inc.CARETS logo
8
12
17254
4
2100 Stratford CIR
LOS ANGELES CA
Listed by RE/MAX OneCARETS logo
$39,000,000
0
1.29
805 Nimes
Los Angeles CA
Listed by Christie's International Real Estate SoCalCARETS logo
$38,000,000
6
12
12000
0.69
12745 Hanover St
Los Angeles CA
Listed by CompassCARETS logo
$38,000,000
6
11
18240
0.56
2078 Stradella Rd
Los Angeles CA
Listed by Coldwell Banker RealtyCARETS logo
$38,000,000
9
16
0.73
1204 Chickory Ln
Los Angeles CA
Listed by The AgencyCARETS logo
$36,950,000
7
14
17000
0.65
721 N Bonhill Rd
Los Angeles CA
Listed by Carolwood EstatesCARETS logo
$36,800,000
6
10
13000
0.52
1851 N Stanley Ave
Los Angeles CA
Listed by The Beverly Hills EstatesCARETS logo
6
10
16779
2
25079 Jim Bridger RD
HIDDEN HILLS CA
Listed by Rodeo RealtyCARETS logo
$35,998,000
7
15
15042
3.22
15210 Antelo Pl
Los Angeles CA
Listed by CompassCARETS logo
$35,500,000
9
14
15360
5.36
2911 Antelo View Dr
Los Angeles CA
Listed by Sotheby's International RealtyCARETS logo
$34,999,999
8
11
11674
1.2
11968 Brentridge Dr
Los Angeles CA
Listed by Westside Estate Agency Inc.CARETS logo
$34,990,000
5
9
9687
0.41
9199 Thrasher Ave
Los Angeles CA
Listed by Christie's International Real Estate SoCalCARETS logo
$34,500,000
0
2.25
150 S Carolwood Dr
Los Angeles CA
Listed by Carolwood EstatesCARETS logo
$32,500,000
4
8
12010
0.66
9259 Robin Dr
Los Angeles CA
Listed by The Beverly Hills EstatesCARETS logo
$32,388,888
7
11
11800
0.6
12770 S Bristol Cir
Los Angeles CA
Listed by The AgencyCARETS logo
6
10
21670
2
24105 HIDDEN RIDGE RD
HIDDEN HILLS CA
Listed by Douglas Elliman of California, Inc.CARETS logo
$29,995,000
5
7
11179
0.56
9265 Robin Dr
Los Angeles CA
Listed by Westside Estate Agency Inc.CARETS logo
$29,950,000
0
16000
1
948 Bel Air Rd
Los Angeles CA
Listed by The Beverly Hills EstatesCARETS logo
$29,750,000
5
7
11000
2.39
642 Siena Way
Los Angeles CA
Listed by Westside Estate Agency Inc.CARETS logo
$28,950,000
6
7
11800
0.43
1305 Collingwood Pl
Los Angeles CA
Listed by CompassCARETS logo
8
15
14604
2
100 Palm Hill LN
BRADBURY CA
Listed by Sothebys International RealtyCARETS logo
$27,000,000
6
6
9297
0.46
717 Moreno Ave
Los Angeles CA
Listed by Christie's International Real Estate SoCalCARETS logo
8
12
15500
2
61 Palm Hill LN
BRADBURY CA
Listed by Pacific Sotheby's Int'l RealtyCARETS logo
$26,900,000
5
8
9206
0.65
13215 Riviera Ranch Rd
Los Angeles CA
Listed by Destination Home, Inc.CARETS logo
$26,000,000
0
2.27
344 Delfern Dr
Los Angeles CA
Listed by Carolwood EstatesCARETS logo
7
10
14850
1
25151 JIM BRIDGER RD
HIDDEN HILLS CA
Listed by Douglas Elliman of California, Inc.CARETS logo
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