10100 Galaxy Way | Century Hill

Century Hill
2150-2471 Century Hill
Los Angeles CA 90067

Century Hill is a 280 condo, guard gated, low rise condominium complex in Century City.

Built in 1980 by Raymond A Watt Development, who also built Watt Plaza, Park Place, and Century Woods, Century Hill’s original construction cost was $90M.  Architect Richard Stoddard designed Century Hill in a transitional European/Modern style. The Angular Metal roofs are a modified mansard shape, accented with semi-circular chimney caps.

This property has an abundance of trees, hedges, gardens (including a beautiful rose garden) and grounds. It is spread over about 20 acres, of which 60% is reserved as open space. Century Hills has the best walking paths in all of Century City! Century Hills is a step up in Size, Price, and Quality from Park Place– You can get a 3BR for the same price in Park Place that you can get a 2BR in Century Hill. The entry price in Century Hill is $900,000 whereas Park Place is $750,000. Century hill sells at slightly less $/sqft than nearby neighbor Le Parc, which was built at around the same time (1979) but by a different developer.

Location

Century Hill has no busy streets nearby- Pico to the South and Olympic to the North do not affect its location. So you will not see a big difference in prices on different sides of the development. Century City is primarily an employment center- so the office skyscrapers attract most of the daily traffic. Westwood (including Westwood Village) and Beverly Hills are five minutes away and offer more entertainment options. Century City does have its highlights, such as the Westfield Mall and the Annenberg Space for Photography. 

There are two nearby Grocery Shopping options: Ralphs on 10309 Olympic Blvd or Gelson’s in Westfield mall. 

Real Estate

Century Hill floorplans range from 2 – 4 Bedrooms. 2 Bedrooms are the most common floorplan (202 condos) and there are (38) 3 Bedrooms and (40) 4 bedroom penthouses that have elevators and are 3 floors. 

2BR: 2,000 sqft – 2,600 sqft
Price Range: $950,000- $1,300,000

3BR: 2,600 sqft – 3,200 sqft
Price Range: $1,500,000 – $1,800,000

4BR Penthouse: 3,300 sqft – 3,600 sqft
Price Range: $2,000,000 – $2,500,000

Turnover Ratio? 3.5% or about 10 condos a year

Appreciation: 3.5%

Record Sale: $2,700,000 4/5/2007

Floorplans are a mix between single story and townhouse style with stairs. The condos have high ceilings, that range from 12 feet to as high as 20 feet for the penthouses. The original finishes in the condos were pretty “retro”. Kitchens had varnished wood cabinets, ceramic tile countertops, tile flooring, and drop ceilings. Many owners have remodeled once, twice, or even three times since then. The bathrooms had brass fixtures, corian vanities, carpet, and bulb lights all over the place around the mirrors. Hopeful the condo you look at will be updated since then! There are some original features that I really like- the front Doors I think are just awesome- they would probably cost $7,500 if you wanted to buy one new today. I also really like the old parquet wood floors in the living room- if you are looking at a condo, hopefully, you are lucky and they are still there. 

All these condos are incredibly spacious- starting at 2,000 sqft, these are luxury condos. The floorplans include a formal entry, step down oversized living room with a marble woodburning fireplace, and eat in areas in the kitchen and a pantry. Every condo has a generous size balcony- the Penthouses have rooftop balconies. Every condo has laundry inside. Master bedroom suites have his and her walk-in closets, double vanity, and separate tub and shower. The Master bedrooms are so large, they have a sitting area also- so fitting a king is no problem. For the Penthouse condos, they have private garages for their cars with direct access, and a bonus room that many owners convert into a game room or home movie theater. 

Century Hill Amenities

24/Hr Guard Gated

5 Pools with spa, Heated year round

2 Lighted Tennis Courts

Racquetball Court

Golf Driving Range

Fitness Center

Club House (11,000 sqft, max capacity 250 people)

Storage Unit (4’x8′)

Parking and Laundry

Every condo has 2- 3 parking spaces. The Front Entrance on Galaxy way is for residents and guests. There is another service entrance off Empyrean for Deliveries, Workman, and Moving Vans. The Subterranean garage was the largest ever built in Southern California at the time. It is 500,000 sqft and fits 980 cars! 60,000 tons of concrete- the equivalent of six miles of two lane highway, were poured to form this garage. There are over 100 guest parking spaces.

Laundry is in a laundry room inside the condo. Space for side by side washer and dryer, with linen cabinets and a utility sink. 

 Home Owners Association

HOA Website
http://www.centuryhill.org/

Onsite Management Phone:
310-557-9000

HOA dues Monthly Cost? $1,400/mo. -$2,400/mo.

HOA dues cover? Building insurance, Earthquake insurance, basic cable, water, trash, Common Area Maintenance, Reserves

Owner pays? electric, gas, internet

Any special assessments?  YES

The HOA has a $12M assessment in 2012- approximately 30K-60K for each unit

The Assesment cannot be transfered upon sale so it must be paid off at time of sale

Owner’s had Three options to pay:

  • Pay upfront and recieve 3% discount
  • 2 year no interest loan
  • 5 year loan with interest

Pet Policy? 2 pets, no weight limit

Rental Policy? No restrictions

EQ Insurance? Yes

Building Reserves?

Special move in instructions?

Can you have BBQ on balcony?

Property Management:
Management Professionals Incorporated
310-802-4808
4030 Spencer St #104
Torrance CA 90503

If you have any questions on the beautiful Century Hill, or would like to view the property, please call me directly at (310) 388 – 7332, or click the button below and I will be in touch shortly!

 

Speak to an Agent

About the Author