The top-floor penthouse at the 22-story Beverly West in Westwood has listed for $28.9 million — $11 million less than it was priced two years ago.
The 8,000-square-foot condo tower penthouse was put up for sale at 1200 Club View Drive, overlooking the Los Angeles Country Club, according to the Robb Report. The seller was undisclosed.
In 2022, the never-occupied boutique penthouse known as “The Producer” listed for nearly $40 million, but had no takers. Prices at the luxury condo complex may be trending downward.
In August, the musician known as The Weeknd, born Abel Tesfaye, sold an 8,000-square-foot furnished penthouse on the 18th floor for $19 million — $2 million less than he paid in 2019. The home initially sought $21 million, then $19.8 million, before selling for less to an undisclosed buyer.
The Emaar Properties’ Beverly West, built in 2009, is among the top luxury condo towers in Los Angeles.
The 22nd floor penthouse, which takes up an entire floor, looks out from floor-to-ceiling walls of glass from Downtown L.A to the Pacific Ocean and the Santa Monica Mountains.
The three-bedroom, six-bathroom home, designed by Lisa Garriss, has stone and wide-plank white oak floors, walnut paneling, soaring ceilings and designer lighting, according to Robb.
Highlights include a foyer opening to a hallway with a climate-controlled wine vault. An open living room and formal dining area and bar span the length of the penthouse.
Tucked around the corner is an Italian Arclinea kitchen with stainless countertops, floating shelves and top Miele appliances. The penthouse includes an office, a screening room and a master suite with a balcony, plus dual walk-in closets and luxe baths.
A buyer would pay an HOA fee of $9,054 a month for security, valet parking, a saltwater pool and spa, fitness center and a helipad. There’s also a “house car” with a dedicated driver.
It’s not clear why the flagship penthouse at Beverly West sat empty for 15 years.
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Brokers Tomer Fridman, Sally Forster Jones and Amir Ensani of Compass hold the listing. In December, there were 11 penthouses available at Beverly West, owned by Emaar Properties PJSC, based in the United Arab Emirates. Prices range from $2.75 million to $28.9 million.
In July, a 13,000-square foot penthouse at Four Seasons Private Residences Los Angeles, a few miles away from Beverly West, cut its price to $37 million, from $75 million.
The priciest condo in L.A. last year was Rihanna’s April purchase of a 9,300-square-foot unit at The Century for $21 million.
— Dana Bartholomew