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April 14, 2024
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Los Angeles Magazine

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Condo Sells for Record-Breaking $24 Million in L.A.

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A luxury condo in West Hollywood was just sold for $24 million, making it the most expensive condo in Los Angeles history.

How much would you spend on a condo? One buyer says $24 million. 

A penthouse condominium at 8899 Beverly Boulevard just sold for $24 million — the highest priced condo in L.A. area history. The condo, Penthouse East, has four bedrooms, four-and-a-half baths and 6,451 square feet of living space.

“The Penthouse at 8899 Beverly offers soaring 14-foot ceilings and floor-to-ceiling Swiss Vitrocsa glazing with operable panels to blur the line between indoors and out,” the complex wrote about the listing on their website.

“A nearly 2,000 SF wraparound terrace in Italian Travertine stone makes an ideal place from which to enjoy sweeping city views.”

The home also offers a private elevator, two fireplaces, summer and winter kitchens and a vestibule for staff.

The complex itself offers round-the-clock concierge and valet amenities, a well-equipped fitness center and a spacious outdoor area spanning a quarter-acre, featuring a luxurious resort-style pool, spa, fireplaces and a bespoke outdoor kitchen.

In addition to the sale price of $24 million, the penthouse reportedly includes monthly Homeowner’s Association (HOA) dues of $11,295.

California Listings said that Michelle Montany and Taaseen Qureshi with The Agency New Development represented the seller, while Mauricio Umansky — CEO of The Agency and husband of Real Housewives star Kyle Richards — represented the buyer.

The Agency is the focal point of real estate show Buying Beverly Hills on Netflix.

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A West Hollywood Penthouse Just Sold for $24 Million, One of L.A.’s Biggest Condo Deals in Years

8899 Beverly, one of L.A.’s most lavish new residential buildings, has been much in the news lately. Just days ago, actor Matt Damon paid $8.6 million for a two-bedroom pied-a-terre on the building’s fourth floor, one level below the new $9 million condo of Comcast CEO Brian Roberts. Now comes word that the development—completed in […]

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