Wilshire Corridor Condos 1st Qtr 2014 in Review

Another quarter has flown by so let’s see how Wilshire Corridor condo sales are doing. Have they slowed down like the rest of the Los Angeles market?

The +/- stats are compared to the First Quarter of 2013.

Building Sold +/ Price/
Median Price

Avg. Price
Per Sq. Ft.++

Total
Active

Price/
Median Price

Pending
Beverly West* 0 N/A N/A $1,444.01 3 $5,552,000 0
Blair House 0 = N/A $566.46 3 $1,050,000 0
Crown Towers 1 -1 $640,000 $416.40 3 $475,000 0
La Tour 3 +3 $3,125,000 $920.30 5 $2,450,000 0
Marie Antoinette 0 -5 N/A $285.09 2 $612,000 1
Park Wilshire 0 -1 N/A $488.97 3 $950,000 2
Ten Five Sixty 1 = $1,015,000 $544.82 2 $1,402,500 2
The Californian 0 -1 N/A $876.48 0 N/A 0
The Carlyle**
2 +2 $2,302,000 $820.22 10 $3,420,000 1
The Churchill 0 -4 N/A $373.18 2 $1,324,500 0
The Diplomat 1 +1 $1,240,000 $606.36 1 $1,750,000 0
The Dorchester 0 -1 N/A $437.47 4 $997,000 1
The Grand 1 +1 $1,135,000 $590.53 3 $1,089,000 1
The Longford 0 = N/A $419.43 2 $812,000 0
The Mirabella 1 = $935,000 $422.50 1 $899,000 0
Regency Wilshire 0 = N/A $471.96 3 $1,295,000 0
The Remington 2 +1 $2,472,500 $484.35 7 $899,000 2
The Venezia 0 = N/A N/A 0 N/A 0
The Westford 0 -1 N/A $543.53 0 N/A 0
The Westholme 2 -1 $742,000 $424.61 6 $775,500 1
The Wilshire 0 = N/A $942.76 3 $1,999,000 1
Wilshire Comstock 2 -2 $774,500 $499.84 3 $899,000 2
Wilshire Holmby 2 +1 $890,000 $363.27 5 $699,000 0
Wilshire House 0 -1 N/A $883.79 4 $2.322,500 0
Wilshire Manning 3 +1 $1,100,000 $500.64 3 $1,255,000 1
Wilshire Marquis 2 +1 $585,000 $479.51 1 $585,000 1
Wilshire Regent 4 +1 $494,000 $617.96 1 $495,000 4
Wilshire Selby E.
0 -1 N/A $557.95 1 $495,000 0
Wilshire Selby W.
 2 = $420,000 $442.11 1 $449,000 3
Wilshire Terrace 1 = $950,000 $447.06 3 $1,095,000 0
Wilshire Thayer 1 = $700,000 $397.95 3 $925,000 0

 

Sellers Market Balanced Market Buyers’ Market
Less than 5 months 5 to 7 months More than 7 months

Information taken from the MLS/CLAW deemed reliable but not guaranteed

* The Beverly West does not list all its units on the MLS.

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

++ This is the last recorded price per sq. ft. where none is presently available.

Sales are pretty slow on the Wilshire Corridor, mainly because of lack of new inventory and sometimes because of the over-pricing of many of the units. Overall prices continue to rise but fresh, well-priced inventory is in dire need.

Wilshire Corridor Condos for Sale

(Sample listings)

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See all Wilshire Corridor Condos for Sale.
(all data current as of 8/16/2022)

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

 
 
 

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