10800 Wilshire Blvd, Los Angles - What's happening at "The Californian"?
The Californian is one of the newer high-rise condo buildings on the prestigious Wilshire Corridor in Los Angeles. Completed in 2005, the 23-story tower has 80 condominiums. The full-service building features concierge service, valet parking, resort-like pool, spa and fitness center with sauna and locker-rooms.
Since January 2008, 4 units have sold at prices ranging between $2,120,000 - $3,750,000.
There are also currently 10 units for sale in the building at List Prices between $1,450,000 - $5,395,000 with an additional unit currently in escrow. Monthly HOA Dues are close to $3000 (yes, three thousand dollars).
Almost 20% of the building has, or is changing hands since the begining of last year.
This percentage sounds high and makes me wonder "What's happening at The Californian?"
Hi Stewart,
Hmm..Very interesting! The photos of the Californian are gorgeous!
I hope you'll remember me if you learn of anyone moving to "The OC" and I will do the same!
Best regards.
Michael Caruso, Broker ABR ABRM CRB CRS GREEN GRI
2007 President, Orange County Association of Realtors
www.MichaelCarusoRealEstate.com
Stewart, I hope the one is escrow is your transaction! Are the other 10 available listings yours? The best to you!
Stewart,
This looks like a fabulous building and it goes to show there are still buyers out there willing to pay for quality and location.
I too hope the one in escrow is yours :)
Sharon
Hi Steward
The building looks outstanding.
Good luck and success.
Lou Ludwig
I'm not selling at The Californian .... but I am curious as to why so many units are For Sale at the same time?
I'm certain the high monthly HOA Dues of around $3000 per month is a factor. (This seems like a high number for concierge & valet services).