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Wilshire Corridor Condos First Quarter 2018 Market Report

Posted by janepeters on April 1, 2018
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Let’s take a look at market activity for Wilshire Corridor condos for the first quarter of 2018 and, where applicable, compare to 2017 sales.

Wilshire Corridor condo market report 1st qtr 2018

 

1200 Club View Drive – Beverly West
Number sold: 0
Currently active: 9
Average price: $9,453,285
Average price per sq. ft: $2,470 – average list price per sq. ft has increased 64% over 2017.865-875 Comstock Ave. – The Comstock
Number Sold: 6
Average price: $1,293,166 – 20% increase over 2017
Average price per sq. ft: $650.30
Currently active: 3
Average price: $1,239,66610350 Wilshire Blvd. – The Diplomat
Number sold: 2
Average price: $1,025,000 – 35% less than 2017 average
Average price per sq. ft: $501.23
Currently active: 2
Average price: $1,457,000

10375 Wilshire Blvd. – Wilshire Terrace
Number sold: 0
Currently active: 2
Average price: $1,645,000
Average price per sq. ft. $775.82

10380 Wilshire Blvd. – La Tour
Number sold: 0
Currently active: 1
Price: $2,255,000
Price per sq. ft: $717.47

10430 Wilshire Blvd. – The Mirabella
Number sold: 0
Currently active: 3
Average price: $1,981,666
Average price per sq. ft: $807.60

10433 Wilshire Blvd. – Wilshire Holmby
No activity

10445 Wilshire Blvd. – The Grand
Number sold: 0
Currently active: 1
Price $1,199,000
Price per sq. ft: $724.91

10450 Wilshire Blvd. – The Churchill
Number sold: 0
Currently active: 1
Price: $899,000
Price per sq. ft: $561.88

10490 Wilshire Blvd. – Blair House
Number sold: 0
Currently active: 2
Average price: $1,174,500
Average price per sq. ft: $701.16

10501 Wilshire Blvd. – Wilshire Regent
Number sold: 0
Currently active: 3
Average price: $614,333
Average price per sq. ft: $866.66

10520 Wilshire Blvd. – The Dorchester
Number sold: 0
Currently active: 1
Price: $869,000
Price per sq. ft: $617.63

10535 Wilshire Blvd. – Wilshire Marquis
Number sold: 1 (this was a penthouse)
Price: $1,070,000
Price per sq. ft: $650.06
Currently active: 1
Price: $1,495,000

10550 Wilshire Blvd. – Wilshire Thayer
Number sold: 1
Price: $1,280,000
Price per sq. ft: $596.46 (one unit sold in 2017 for $461.13 per sq. ft.)
Currently active: 0

10551 Wilshire Blvd. – Regency Wilshire
Number sold: 1  (this was a double unit)
Price: $4,895,000
Price per sq. ft: $1,112.50
Currently active: 1
Price: $1,750,000

10560 Wilshire Blvd. – Ten Five Sixty
No activity

10580 Wilshire Blvd. – The Wilshire
Number sold: 2
Average price: $2,750,000 – 22% over 2017 average
Average price per sq. ft: $951.19
Currently active: 3
Average price: $2,929,833
10590 Wilshire Blvd. – The Westholme
Number sold: 1 (one unit sold in 2017 for $695,000)
Price: $651,000
Price per sq. ft: $492.81
Currently active: 0
10601 Wilshire Blvd. – Wilshire House
Number sold: 1
Price: $1,438,000
Price per sq. ft: $706.29 (one sale in 2017 with price per sq. ft. unavailable)
Currently active: 5
Average price: $4,432,800
10660 Wilshire Blvd. – Wilshire Manning
Number sold: 0
Currently active: 3
Average price: $1,700,962
Average price per sq. ft.: $739.511
10701 Wilshire Blvd. –  Crown Towers
Number sold: 4
Average price: $844,500 – 20% over 2017 average
Average price per sq. ft: $642.87
Currently active: 0
10724 Wilshire Blvd. – The Park Wilshire
Number sold: 0
Currently active: 1
Price: $1,698,000
Price per sq. ft: $724.09
10727 Wilshire Blvd. – The Remington
Number sold: 1
Price: $1,415,000 (2017 average was $2,o99,300)
Price per sq. ft: $799.44
Currently active: 2 (not including penthouse listed at $16,499,000
Average price: $1,374,500
10747 Wilshire Blvd. – Wilshire Selby East
Number sold: 0
Currently active: 1
Price: $888,000
Price per sq. ft: $882.70
10750 Wilshire Blvd. – The Westford
No activity10751 Wilshire Blvd. –  Wilshire Selby W
Number sold: 0
Currently active: 2
Average price: $673,500
Average price per sq. ft: $701.71
10776 Wilshire Blvd. – The Carlyle
Number Sold: 3
Average price: $4,143,537 – 11% over 2017 average
Average price per sq. ft: $1,461.83
Currently active: 2
Average price: $3,972,500
10787 Wilshire Blvd.  – Marie Antoinette
Number sold: 2
Average price: $956,500 – 25% over 2017 average
Average price per sq. ft.: $655.59
Currently active: 1 – penthouse
Price: $2,495,00010790 Wilshire Blvd. – The Longford
Number sold: 0
Currently active: 1
Price: $2,750,000
Price per sq. ft: $1,003.65

10795 Wilshire Blvd. – The Venezia
Number sold: 1
Price: $1,295,000
Price per sq. ft: $713.45
Currently active: 1
Price: $2,750,000

10800 Wilshire Blvd. – The Californian
Number sold: 1
Price: $2,750,000 – Average for 2017 was $4,509,522
Price per sq. ft.: $1,041.67
Currently active: 5
Average price: $4,233,000

The information provided by the MLS/CLAW deemed reliable but not guaranteed – % changes rounded up or down

Overall sales are slow on the Wilshire Corridor, although partly because of the low inventory prices continue to rise.

See 2017 Wilshire Corridor market report

See more Wilshire Corridor market reports

 

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