107 N Swall Dr | Swall Promenade

Swall Promenade
107 N Swall Drive
Los Angeles CA 90048

Swall Promenade is an upscale 22 unit 4-story newer construction condo building in Beverly Center. Built in 2006, the condos are spacious and new. The building is amenity light for those buyers who only want to pay for what they use and don’t need a pool or gym. HOA dues are low, under $500/mo. With prices $100,000 to $200,000 below comparable Beverly Hills condos, this is a great option for Beverly Hills buyers who don’t need the Beverly Hills public schools.

LOCATION

Swall Promenade is Beverly Hills Adjacent, so you will have a very similar vibe living here as in Beverly Hills proper. Clean streets, strong property values, and great safety. Swall Promenade has a central location and offers easy convenience with the cities of West Hollywood (5 mins), Beverly Hills (5 mins) and Hollywood (10-15 mins) all just a short distance away.

The Cedars-Sinai Hospital is a big influencer in the area, boosting the neighborhood economy and housing a lot of nurses and doctors wanting to live in Beverly Center so they can walk to work.

The Beverly Center Shopping Mall is currently undergoing a $500M renovation, it is one of the largest shopping centers in LA and a great place to stroll on a Saturday.

These condos have impressive kitchens with complimenting dining rooms, but if you don’t feel like breaking out your spatula and apron, there are a plethora of dining choices on Robertson and 3rd. Chi Chi the Ivy is always buzzing. For lunchtime try Lemonade on Beverly. I personally live on Starbucks, which is walking distance on Robertson and Beverly. For groceries, Bristol Farms on the corner of Doheny and Beverly is close or across the street from it isBeverly Hills Ralphs. You can go to the Beverly Hills Farmers Market on the weekend to pick up some fresh local produce. 

REAL ESTATE

Appreciation? 4%-5%

Turnover Ratio? 6%-7%- 1 condos or 2 condos a year

Record Sale? $1,240,000 11/3/2017

All the floorplans in Swall Promenade are single story. Condos are 2 Bedroom and 2.5 baths that range in size from 1,700 sqft to 1,800 sqft. Stacks 06,01, and 02 faces Swall, and stacks 05,04,03 face the rear of the building.

Original kitchens featured Stainless Steel Miele Appliances, Italian Scavolini Cabinetry, and black granite countertops and have gas stoves. Large Living Rooms feature rich traditional Dark Hardwood floors.

Both Bedrooms have walk-in closets. The floor plans have a master suite with separate tub and shower and double vanity. Each condo has a small 50 sqft balcony except for the 04 stack that has a 150 sqft balcony.

Pricing

2Br/2.5Bath
1,700 sqft – 1,800 sqft
$1,000,000 -$1,200,000

Amenities

Lobby

Recreation Room (Sink area and billiard table)

Outdoor Sundeck with BBQ

Parking & Laundry

Laundry is inside, in a laundry room off the front entry door.

Each condo gets 2 parking spaces in the garage. There are 10 guest parking spaces.

Home Owners Association

HOA dues Monthly Cost? $450/mo.

HOA dues cover? Water, Trash, Common Area Maintenance, Building Insurance, Reserves

Owner Pays? Electric, Gas, Internet and Cable, Condo Insurance

Any special assessments?  No

Pet Policy?

Rental Policy?

EQ Insurance?

Building Reserves?

Special move in instructions?

Can you have BBQ on the balcony?

Management Company? 

 

 

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