Penthouse West at 8899 Beverly Boulevard in West Hollywood sold for $23 million, or $3,150 per square foot, establishing a new 2026 condominium record for Los Angeles County. The sale exceeded an earlier off-market transaction at the same property in April for $18.8 million. Considering only on-market deals, it also surpassed the previous record at 1 West Century Drive in Century City, where unit 37A sold in March for $13.8 million, or $2,455 per square foot. The building at 8899 Beverly Boulevard is an adaptive reuse project tied to the LA International Design Center, adding residential units and ground-level retail in 2022. The project was designed by Olson Kundig.
"The sale of Penthouse West for $23 million, or $3,150 per square foot, tops an $18.8 million, off-market deal done in April at the same property, according to Redfin and Zillow records."
"If only counting on-market deals, it also bests the previous record holder at 1 West Century Drive in Century City, which was the March sale of unit 37A for $13.8 million, or $2,455 per square foot."
"The 8899 Beverly Boulevard property, designed by architecture firm Olson Kundig, is an adaptive reuse project of the LA International Design Center that added residential and ground-level retail in 2022."
#los-angeles-real-estate #condominium-sales #west-hollywood #luxury-penthouses #adaptive-reuse-development
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