The Real Deal Los Angeles

AIRE Santa Monica condos start at roughly $950K

The Agency and Partners Trust are leading sales for 19-unit building
By Subrina Hudson | June 30, 2017 04:00PM

Rendering of AIRE Santa Monica (Palisades)

Updated Wednesday, July 5, 2017 at 11:22 a.m.: Silicon Beach is about to breathe in a different whiff of AIRE.

Developer Palisades announced Friday it has launched sales at its luxury condominium project, AIRE Santa Monica, with units priced between roughly $950,000 and $2 million, or $938 to $952 per square foot.

The Agency and Partners Trust are listing the 19 units at 1433 14th Street.

The prices were just a tick above median condo sales prices in Santa Monica, which were $908,327 over the past twelve months and $1 million in the month of May, according to research from Teles Properties. On a per-square-foot basis, the units fall within range of the $914 median price in May.

There are nine single-story garden flats, which range from 1,012 to 1,019 square feet with two bedrooms and two bathrooms. There are also nine two-story townhomes with split-level roof decks, ranging from 1,517 to 1,605 square feet with three bedrooms and three bathrooms. The biggest residence on the property is a three-story garden townhome with more than 2,100 square feet of space.

  • Kitchen and living room (Palisades)

Each residence also has an outdoor space — a deck and/or terrace — with some as large as 800 square feet. The eco-friendly building, designed by JFAK Architects, consists of three residential buildings around a central courtyard with lounging areas, a water feature and green living wall.

True to Santa Monica form, the property’s amenities include custom bikes, an area for bike maintenance and designated storage space for surfboards and bicycles.

A previous version of this story reported an asking price of $1.5 million for the highest priced units. It is $2 million.