West Hollywood Penthouse Sets 2026 Condo Record

West Hollywood’s 8899 Beverly Boulevard property just bested itself to notch a new condominium record for 2026 in Los Angeles County with the trade of a penthouse unit.

The sale of Penthouse West for $23 million, or $3,150 per square foot, tops an $18.8 million, off-market deal done in April at the same property, according to Redfin and Zillow records. If only counting on-market deals, it also bests the previous record holder at 1 West Century Drive in Century City, which was the March sale of unit 37A for $13.8 million, or $2,455 per square foot.

The 8899 Beverly Boulevard property, designed by architecture firm Olson Kundig, is an adaptive reuse project of the LA International Design Center that added residential and ground-level retail in 2022.

8899 Beverly Boulevard in West Hollywood (Redeavor, The Agency, Nils Timm)

The just-sold penthouse unit first hit the market in late 2024 for $27.5 million before the price was cut last year to $25.5 million.

The over 7,000-square-foot unit counts four bedrooms, five full bathrooms and two powder rooms. Fourteen-foot motorized glass walls connect the great room with a 1,900-square-foot terrace. Other highlights include an over 1,000-square-foot primary suite, butler’s kitchen and direct elevator access to the unit from the garage.

Relative to last year’s condo deals, the selling price doesn’t topple the $39.1 million sale of a penthouse unit at 1 West Century Drive. In January 2025, former OPI executive Miriam Schaeffer bought the 39th-floor unit at The Century to mark Los Angeles County’s priciest condo deal in recent years.

Redeavor’s Taaseen Qureshi and Michelle Montany held the listing on behalf of property owner Beverly Blvd. Associates. The Agency’s Emma Baker and Nikki Joel brought the buyer. Both sides declined to comment on the buyer, citing non-disclosure agreements.

Montany described a bit of a freeze on deal flow that’s begun to thaw in more recent weeks.

“It feels like somebody pushed a button and the buyers came back,” she said.

Part of that may have been due to the war in Iran as buyers took a wait-and-see approach to purchasing, she said.

Currently, it’s a mix of buyers active in Los Angeles’ condo market, Montany noted. At 8899 Beverly Boulevard, specifically, she’s seeing buyers looking to retain a presence in the market after selling their single-family homes locally or for those who have a residence outside the city or state.

“There are some people who really love high-rise living, if they’re coming from New York, but I think [condos are] an alternative that more Angelenos are starting to seek out as their houses become too large to continue managing as their families move out,” Montany said.