LA Connection Property Blog

The following Condos in West Hollywood have Open Houses scheduled for Sunday 1/22/2012 from 1:00-4:00pm

If you're not represented by a Realtor and would like additional information on any of the Open Houses scheduled, please do not hesitate to call or email me:

Stewart Penn - Penn Properties -  (310) 844-6515 - stewart@stewartpenn.com

600 N Sweetzer Ave - 3-Bed 4-Bath - $1,575,000

634 Westmount Dr - 3-Bed 2.5-Bath - $999,000

751 N Fairfax Ave #6 - 3-Bed 2.5-Bath - $949,000

851 N Kings Rd #301 - 3-Bed 4-Bath - $869,000

1411 N Detroit #108 - 3-Bed 2-Bath - $779,000

850 N Kings Rd #105 - 2-Bed 2-Bath - $695,000

1248 N Laurel Ave #204 - 2-Bed 2-Bath - $687,000

8380 Waring Ave #106 - 2-Bed 1.75-Bath - $599,000

8400 De Longpre Ave #209 - 2-Bad 2-Bath - $465,000

1400 N Hayworth Ave #316 - 1-Bed 1-Bath - $348,000

8530 Holloway Dr #316 - 1-Bed 1-Bath - $329,000

Information from the CLAW MLS is deemed correct but not guaranteed.

It's official ..... Stewart Penn of Penn Properties, an independent Real Estate Broker based in Los Angeles, has a new logo to reflect his Real Estate business in Palm Springs.

Palm Springs: 1775 E. Palm Canyon Dr., Suite 110-360, Palm Springs, CA 92264

Direct: 760-992-5788   Cell: 310-866-1818

Stewart Penn - Realtor for Mid-Century Modern single-family homes and condos in Palm Springs and neighboring Desert Cities.

Stewart Penn continue to represent his many repeat (and new) clients in the greater Los Angeles area, but will now also be able to serve their Real Estate needs in Palm Springs and the neighboring Desert Cities of Rancho Mirage, Palm Desert and Cathedral City.

West Hollywood Condos - Sale Report for December 2011 versus December 2010

Number of Listing Sold: 28 / 31 condos

Average Days on the Market: 49 / 114 days

Median Price: $430,000 / $540,000

Average List Price: $485,000 / $533,000

Average Selling Price: $459,000 / $512,500

Lowest Price Condo Sold: $235,000 / $$201,000

Highest Price Condo Sold: $900,000 / $890,000

Total Sold in Dollars: $12,852,000 / $15,890,000

Stewart Penn - Penn Properties - Condo Specialist

Los Angeles: 8033 W. Sunset Blvd., Suite 608, Los Angeles, CA 90046

Direct: 310-844-6515   Cell: 310-866-1818

Palm Springs: 1775 E. Palm Canyon Dr., Suite 110-360, Palm Springs, CA 92264

Direct: 760-992-5788   Cell: 310-866-1818

Stewart Penn - Realtor for homes and condos in Los Angeles, Beverly Hills, Santa Monica, West Hollywood, Hollywood Hills, The Sunset Strip and throughout the greater LA area.

Now also selling mid-century modern homes and condos in Palm Springs.

Information obtained from The MLS is deemed accurate but not guaranteed. Figures have been rounded for ease of comparison.

West Hollywood Single Famiy Homes - Sale Report for December 2011 versus December 2010

Number of Listings Sold: 9 / 6 houses

Average Days on the Market: 71 / 110 days

Median Price: $1,100,000 / $657,000

Average List Price: $1,400,000 / $1,050,000

Average Selling Price: $1,320,000 / 1,000,000

Lowest Price Sold: $710,000 / $470,000

Highest Price Sold: $2,170,000 / 2,225,000

Total Sold in Dollars: $11,900,000 / $6,020,000

Stewart Penn - Penn Properties

Los Angeles: 8033 W. Sunset Blvd., Suite 608, Los Angeles, CA 90046

Direct: 310-844-6515   Cell: 310-866-1818

Palm Springs: 1775 E. Palm Canyon Dr., Suite 110-360, Palm Springs, CA 92264

Direct: 760-992-5788   Cell: 310-866-1818

Stewart Penn - Realtor for homes and condos in Los Angeles, Beverly Hills, Santa Monica, West Hollywood, Hollywood Hills, The Sunset Strip and throughout the greater LA area.

Now also selling mid-century modern homes and condos in Palm Springs.

Information obtained from The MLS is deemed accurate but not guaranteed. Figures have been rounded for ease of comparison.

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High-end condos in the City of West Hollywood continued to achieve high prices despite a depressed Real Estate market in 2011.

It was all about the views ..... Sierra Towers, the famous celebrity-filled high-rise located just off Sunset Boulevard at 9255 Doheny Road, achieved the highest sales prices in the area for 2011.

$3,225,000 for a 2-Bed 2-Bath unit measuring 2300 sq ft. That's over $1400 per sq ft!

The next highest sales were also recorded at Sierra Towers: $2,850,000 ... $2,750,000 ... $2,350,000 ... $2,175,000 ... $2,000,000.

Other notable sales include a penthouse at 855 Croft Avenue, originally listed at almost $1.4 Milliion, eventually sold for $1,240,000 .....

And then there's 1200 N Sweetzer #7 in a newer construction condo development.

Originally priced at $1,399,000, the condo ultimately sold in 2011 for $1,100,000.

Not to be forgotton is the well-known Empire West at 100 Alta Loma Road in West Hollywood, which usually records some of the highest prices in the area. In 2011 there was one sale worth noting - a 2-Bed 3-Bath condo originally listed at $1,699,000 that finally sold for $1,050,000 after 271 days on the market.

For further information about current listings and comps in the area, please call:

Stewart Penn - Penn Properties

Direct: 310-844-6515   Cell: 310-866-1818

Los Angeles: 8033 W. Sunset Blvd., Suite 608, Los Angeles, CA 90046

Stewart Penn - Realtor for homes and condos in Los Angeles, Beverly Hills, Santa Monica, West Hollywood, Hollywood Hills, The Sunset Strip and throughout the greater LA area. Now also selling mid-century modern homes and condos in Palm Springs.

All information obtained from The MLS is deemed correct but not guaranteed. Photos courtesy of The MLS.

Sales Volume of Single Family Homes in West Hollywood more than doubled in November 2011 over that recorded in November 2010.

November 2011: $10,828,500 versus November 2010: $4,069,000 

There were 11 Sales recorded in November 2011 with an Average Selling Price of $984,400 and a Median Price of $710,000.

The lowest Sale was $510,000 while the highest Sale Price recorded was $2,376,000

For further information about current listings and comps in the area, please call: Stewart Penn - Penn Properties

Los Angeles: 8033 W. Sunset Blvd., Suite 608, Los Angeles, CA 90046

Direct: 310-844-6515   Cell: 310-866-1818

Stewart Penn - Realtor for homes and condos in Los Angeles, Beverly Hills, Santa Monica, West Hollywood, Hollywood Hills, The Sunset Strip and throughout the greater LA area. Now also selling mid-century modern homes and condos in Palm Springs.

All information obtained from The MLS is deemed correct but not guaranteed. Photos courtesy of The MLS.

With Best Wishes for a Happy & Healthy Holiday Season

Stewart Penn - Penn Properties

Los Angeles: 8033 W. Sunset Blvd., Suite 608, Los Angeles, CA 90046

Direct: 310-844-6515   Cell: 310-866-1818

Palm Springs: 1775 E. Palm Canyon Dr., Suite 110-360, Palm Springs, CA 92264

Direct: 760-992-5788   Cell: 310-866-1818

Stewart Penn - Realtor for homes and condos in Los Angeles, Beverly Hills, Santa Monica, West Hollywood, Hollywood Hills, The Sunset Strip and throughout the greater LA area. Now also selling mid-century modern homes and condos in Palm Springs.

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We are able to offer a unique selection of media consoles, credenzas and bars in addition to tables, coffee tables and other stylish Mid Century Modern inspried furnishings (All Made in America).

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For additional information, pricing and ordering, please visit our website: www.justmoderndecor.com

 Just Modern is a proud sponsor of Palm Springs Modernism Week 2012

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Stewart Penn - Penn Properties

Los Angeles: 8033 W. Sunset Blvd., Suite 608, Los Angeles, CA 90046

Direct: 310-844-6515   Cell: 310-866-1818

Palm Springs: 1775 E. Palm Canyon Dr., Suite 110-360, Palm Springs, CA 92264

Direct: 760-992-5788   Cell: 310-866-1818

Stewart Penn - Realtor for homes and condos in Los Angeles, Beverly Hills, Santa Monica, West Hollywood, Hollywood Hills, The Sunset Strip and throughout the greater LA area.

Now also selling mid-century modern homes and condos in Palm Springs.