Category: Century City

1 W Century Dr | The Century Los Angeles

The Century Los Angeles
1 W Century Dr
Los Angeles CA 90067

The Century is a 42-story (481 ft) 140-unit luxury highrise condo (but I wouldn’t blame you for calling it a skyscraper) in Century City. Built-in 2010, this is one of the top five residential high-rises in Los Angles (and one of the most expensive, trading at market rates of $1,500/sqft).  The building was designed by New York Architect Robert AM Stern, dean at Yale School of Architecture, who chose the oval shape. Rumor has it that the Oval shape is the best shape to maximize views while enhancing livability. The Century has truly amazing views.

The Century Century City occupies a large 4-acre site that gives it a nice barrier on all sides from the surroundings and expansive gated estate-like grounds (except with no maintenance! And you can be glad about that since there are 150 full-grown pine trees alone!).

At The Century, Estate Living is combined with a luxury high-rise. You approach by a winding private street driveway (West Century Way), that is protected by a guard gate. The Motor Court has a water feature and white-glove valet and concierge waiting for you to drop off your car so they can whisk it away. The property has a certain glamour to me, like the Beverly Hills Waldorf Astoria.

The overall construction of the Century is up to the highest standards. Every fit and finish of the Century’s construction is no expense spared, finest quality, careful attention to detail. Related developed The Century. In true jaded Hollywood fashion, this project replaced a not very old 30-story St Regis Hotel that was built in 1984 with a younger, brighter, better looking up and comer. Related bought the property in 2005 for $123 million and demolished it forgetting about remodeling in favor or a brand-new build. One reason Related decided to do away with the old building was that the 1980’s 8-foot ceilings were too low to meet modern tastes. But the real deal-breaker was the unmovable exterior metal beams that would have limited window height and views. Neighbors didn’t protest because they thought changing from a Hotel to Residential use would bring less traffic. The building took 5 years in the planning, cost $300 million to build (including land), and took 2 years to construct. This building offers every conceivable luxury amenity to its residents. This is why some liken it to living in a 5-star hotel.

Location

Real Estate

Record Sale? $35M   #41AB  12/8/2010

Appreciation? 

Turnover? 6% or about 8 condos a year

 

All of the floorplans in The Century are single level (except some of the penthouses) with direct elevator access and huge double front doors. There are 4 condos on each floor, numbered A, B, C, and D.

(A) floorplans are the largest at 4BR/5BA 4,660 sqft, then B floorplans at 3BR/4BA 3,440 sqft, and then C at 2BR/3BA 2,790 sqft, and D at 2BR/3BA 2,450 sqft.

VIEWS EXPOSURES

A – South/West
B – South/East
C – North/East
D – North/West

The South Facing Condos A & B have a view premium and sell for 10%-15% premiums over the North Facing Condos C & D.

Prices range from 3M – 35M. On a price per square foot basis- condos sell for $1,000/sqft for lower floors to up to $2,500/sqft for the penthouses. The average $/sqft for the building is $1,500.

Condo Mix

Floors 3-35 (128 condos)

64x 2 BR/3BA Floorplans
32x 3 BR/4BA Floorplans
32x 4 BR/5BA Floorplans

The Century Penthouses (Now 12 Penthouses because some were combined like Candy Spelling’s Penthouse)
Floors 36 – 42 are the Penthouse levels

Most owners in the Century building have hired interior architects to completely redesigned their condos so that you can’t even recognize them from the original developer finishes. How High are ceilings? With the floorplans, every condo has a powder room, and every bedroom has an ensuite bathroom. Every condo has a master with a large walk-in closet and a private master bathroom and private patio. Since the building is so tall, I think it was difficult to put in large balconies. Each condo has two balconies- one off the living room and one for the master bedroom. The balconies are small to medium size. Living Rooms are massive with a gas fireplace. Soundproofing is excellent and you can install hard surfaces anywhere.  Kitchens come with Viking Stainless Steel appliances, islands, and pantries. Off the kitchen is a separate service entrance for catering and maids to use. 

Amenities

24-hour guard gate, front desk, and valet

Onyx Lobby

Pool and Spa with Cabanas (75-foot Long Pool)

Extensive landscaped Grounds by Pamela Burton.

Fitness Center w/Pilates and Yoga Studio and Spa treatment room

State-of-the-art Screening Room

Temperature Controlled Wine Cellar

Children’s playroom

Private Dining Room W/ Bar and Kitchen 

Conference Room

Extra Storage Unit

Onsite Restaurant- Hinoki & The Bird (it has its own parking lot, which does not share with the residences)

Dog Park 

Parking & Laundry

Parking is Assigned parking not deeded. Some original owners negotiated Reserved parking spots with the developer which basically makes them deeded, so check with the property manager. Condos get two assigned spaces and Penthouses get 3 assigned spaces. Since parking is Assigned, you must use the valet. Owners with reserved spots or handicap placards can park themselves.  50 max key cards $200 monthly fee? $28 fee for 1 day, 

Laundry is inside each condo at the Century condos. Stacked Washer and Dryers are located inside a laundry room with cabinet space, countertop, and a sink. 

Home Owners Association

The Century Concierge 
1 w Century Dr. Los Angeles CA 90067
310-272-8580

Valet Number?

 HOA dues Monthly Cost? $3,000 – $6000/mo. depending on the unit’s square footage. The HOA dues cost comes out to about $1/sqft.  

HOA dues cover?

Owner Pays?

any special assessments?

Pet Policy? Up to 2 pets, more might be possible at HOA board discretion. No weight limit, but no aggressive breeds.

Rental Policy? Leases must be one year in length or longer. 

EQ Insurance? Yes (included in monthly dues)

CCRs? https://www.dropbox.com/s/yek8bru800sm1q4/1%20w%20century%20dr%20ccr.pdf?dl=0

 Building Reserves?

Special move in instructions?

Property Management company?

HOA is managed by Related
Christina Assitant General Manager
310-272-8599

 

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2220 & 2222 Avenue of the Stars | Century Towers

Century Towers
2220 & 2222 Avenue of the Stars
Los Angeles CA 90067

Century Towers is a 27-story luxury high rise in Century City. It has two towers: 2220 & 2222 that combine for a total of 320 condos. Built in 1964 by developer, and Century City founding father, William Zeckendorf at a cost of $13M- Century Towers was Century City’s first residential building.

The towers were designed by internationally renowned architect I.M. Pei, although Pei wasn’t famous yet at that time.

Century City Development meeting, L-R: I.M. Pei, Minoru Yamasaki, Pierto Belluschi, Frederick J, Welton Beckett

I.M. Zeckendorf and Pei went way back. Zeckendorf hired Pei fresh out of Harvard and gave him his first architect job. Pei and Zeckendorf then became friends and had a prosperous relationship for two decades building public housing projects all over the country. The two were quite the odd couple- Zeckendorf was a larger than life character, loud and gruff, while Pei was short, soft-spoken, and an architect who could have just as easily been an artist instead. Pei was the perfect Ying to Zeckdorf’s Yang.

I.M. Pei is a modern architect and was profoundly influenced by Le Corbusier in his youth (who he met briefly during college), Bauhaus, as well as free thinker Frank Lloyd Wright. I.M. Pei designed Century Towers in the midcentury modern style. Pei is most well-known for his glass pyramid addition to the Louvre. You can see some of Pei’s other works right here in Los Angeles with the US Bank Tower Downtown, and the Former CAA Headquarters in Beverly Hills, now occupied by Sony.

1966 Advertisement for Century Towers Apartments.

Century Towers were originally built as apartments. Advertisements at the time said that the towers offered the “utmost in Luxury”, and were “Beautiful to look at, beautiful to live in!”.

Welton Beckett showing his Masterplan to Fox Studio Execs Edmond Herrscher and Lew Schrieber (1958)

Welton Beckett’s masterplan for Century City envisioned a space-age metropolis with a full-time population of 12,000 residents.  The ambitious plan called for 18 modern high-rise towers to be spread out on the southern residential portion of the site. Becket is pointing to one of those planned residential towers above. Century Towers was supposed to be the first of many residential highrise towers in Century City. The next Highrise that was built was Century Park East (CPE) which was finished two years later in 1966. Condos in Century Park East are smaller in size than Century Towers, have no in-unit laundry, but are more affordable. Beckett passed away in 1967 before he could see the final build-out of Century City. After Beckett’s passing, the path of development for Century City changed directions and no more of the residential towers were ever built.

In 1972, Century Towers was converted into condominiums by S Jon Kreedman & Company, a prolific real estate syndicator and financier, who would later go on to develop Le Parc. At about the same time, Century Park East was undergoing a condo conversion by Urbanetics Financial Corp. There was a condo conversion craze in the 70’s. It wouldn’t be until 2009 that another highrise condo was built in Century City, the newest addition to the residential skyline- The Century.

Location

Century Towers is located at the intersection of Avenue of the Stars and Pico Blvd. Le Parc condominiums were built around it. To the south is the great public park the Cheviot Hills Recreation Center and Rancho Park Golf Course. 20th Century Fox still occupies lot across the street. Walkability is low, so most of the errands will need to be delivered or driven.  There is a Ralphs and CVS at the corner of Pico and Beverwil for everyday needs as well as the Gelson’s in century city mall. Westfield Century City has a great AMC movie theater as well as shopping galore. Century City is squeezed between Beverly Hills and Westwood, so residents of Century Towers have all the amenities that these cities have to offer close at hand.

Real Estate

Century Tower’s floorplans are all single story. There are 27 floors, prices rise on higher floors as views improve. Floorplans range in bedroom count from 1 Bedrooms to 3 Bedrooms and vary in size from 850 sqft to 2,200 sqft. The larger condos are about 300-500 sqft larger than nearby Century Park East.

(54) 1 Bedrooms
850 sqft – 1,000 sqft
$500,000 to $750,000

(180)  2 Bedrooms
1,300 sqft -1,600 sqft
$1,000,000 to $1,400,000

(64) 3 Bedrooms
1,600 sqft – 2,200 sqft
$1,000,000 to $1,800,000

(7) Penthouse (28th floor)
2,400 sqft – 3,000 sqft
$2,500,000 to $3,500,000

(25) Maids (all on 1st floor)
250 sqft
$250,000

Every condo has at least one balcony, some condos on the corners have two balconies. Many owners over time have enclosed their balconies to add additional interior space.  Century Tower floorplans have an open concept with combined living room (~400 sqft) and dining room (~150 sqft) areas so you get a big open room effect. This effect is really awesome in conjunction with City and Ocean views that condos on the higher levels possess. On clear days you can see Catalina or Mount Baldy. You can see everything from floor to ceiling glass windows. Dining rooms comfortably seat six dinners. Bedrooms in the two and three bedroom floorplans are side by side. There is a master suite that has its own private master bathroom and closet. The original floorplans have small master closets. Many owners have modified their condos layout to create a larger 8×6 master walk-in closet. They do this by taking space from the 2nd bedroom next store.

Original Kitchens in Century Tower where galley style, which some owners have kept. The advantage of the wall between the kitchen and the living room is that you don’t see cluttered counters or the dirty dishes. A lot of owners who have modern tastes just do away with the wall between the kitchen and living room and add a big island. The wall is not structural so it can easily be removed. This makes the living room area feel even bigger, and add an informal eating area with some bar stools around the island counter. Kitchen appliances are all electric- electric stoves and ovens. Laundry is in the unit. Central Heat and air.

Turnover: 4% or about one a month

Appreciation: 4%

Record Sale: $4,000,000  2/4/2016 (Penthouse)

Century Towers Amenities

Olympic Size Heated Swimming Pool (Pool hours 7 am to 10 pm)

(2) Elevated and Lighted Tennis Courts

Fitness Center

Guard House & 24-hour Valet Parking

Jetted Fountain

Lobby

Storage Unit

Parking & Laundry

Each condo gets 2 parking spaces in an underground parking garage. Parking is Assigned by management and not deeded. Valet is available.

In Unit Laundry. Space for a stackable machine in the kitchen or in a hallways closet by entry door.

Home Owners Association

HOA Website
http://www.century-towers.com/
310-277-0800

HOA dues Monthly Cost? approximately $1/sqft. Ranges from $1,000/mo. -$2,000/mo.

HOA dues cover? Water, trash, Time Warner Basic Cable, common area maintenance, building insurance, Reserves, staff salaries

Owner pays? Electric, Condo Insurance, Internet

Any special assessments? No

Pet Policy? 1 pet, 25 lbs weight limit.

Rental Policy? Must owner-occupy for a minimum of 1 year prior to leasing

EQ Insurance? None

Building Reserves?

Can you have BBQ on the balcony? No

Management company?

*HOA doesn’t allow weekend open houses, showings are by appointment

Do you want to see this incredible building and all of its amenities? Please contact me directly at (310) 388-7332 or click the button below and I will be in touch shortly!

 

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10100 Empyrean Way | Le Parc


Le Parc Condominiums
10100-10128 Empyrean Way
Los Angeles CA 90067

Le Parc is a walled and guard-gated luxury condo community in Century City. It’s the most prized low-rise development in Century City.

The architecture of Le Parc is French Regency style inspired by the rolling fields and farms of the French countryside. Steeply pitched mansard roofs, quoins, and balustrades lend Le Parc that European ‘je ne sais quoi’.

The name “Le Parc” is French and translates in English to “the Park” which is very fitting because Le Parc has the best grounds in all of Century City (sorry the Century!). The 10 acre grounds are absolutely beautiful! There are waterfalls, fountains, streams and ponds, that intertwine and wind with walkways and meander through gardens of vibrant blooming flowers. Full time maintenance crew keep Le Parc looking resplendent. It is one of the best run buildings on the Westside.

Built in 1979, by developer S Jon Kreedman, who converted Century Towers to condos earlier in 1973, the original development cost was $50M. There are 176 condos in Le Parc that are grouped in 15 different Chateaux buildings.

Century Hill, next store, was developed at the same time. These two complexes share some similarities. Both are Low Rise developments in Century City with similar size condos. Century Hill is a larger complex with 100 more condos than Le Parc. Century Hill has a mix of  Floorplans both Single Story and Townhouse, whereas Le Parc’s floorplans are all single story. Le Parc condos are priced at a 20%-30% premium over Century Hill condos. Nearby Park Place offers the lowest entry level prices.

Fun fact: Le Parc is located on Empyrean Way. Empyrean means “highest heaven”, but before you go thinking Le Parc is getting big headed, remember that Century City street names (Galaxy, Ave of Stars, Constellation, and Empyrean) refer to stars in the sky; not stars on the ground.

Location

Le Parc is close to the Bel Air Hotel (love their bar and lounge), UCLA’s Royce Hall, the Wilshire Corridor- including places of worship, and the bon vivant’s dream shopping and dining destination Rodeo Drive in Beverly Hills. Le Parc is close to all the best the Westside has to offer, but far enough away that you don’t feel like you are living in the middle of it. Safety in Century City is a 10 out of 10. These condos make a great second home for owners who are bi-coastal or travel a lot.

For groceries, Beverly Hills Whole Foods is five minutes, and the Westwood Bristol farms is also close, although I like the parking lot better at Beverly Hills Bristol.

Real Estate

Le Parc has 15 separate buildings numbered from 1-15. Each building is 3 stories with the penthouse level on the 3rd floor. There are 12 condos in each building and 4 on each floor.  The penthouses have the highest ceilings available at 14 feet.

 

Address Building Number Name
10100 Empyrean Way #7 Chateau Fontainebleau
10102 empyrean way #8 Chateau Cannes
10104 Empyrean Way #9 ???
10106 Empyrean Way #5 Chateau Cartier
10108 Empyrean Way #6 Chateau Moulin
10110 Empyrean Way #10 Chateau Rive Gauche
10112 empyrean way #11 Chateau St. Laurent
10114 empyrean way #14 Chateau Deschamps
10116 Empyrean Way #15 Chateau Nimes
10118 Empyrean Way #12 Chateau Dijon
10120 empyrean way #13 Chateau Marseille
10122 empyrean way #3 Chateau St Tropez
10124 Empyrean Way #4 Chateau Versailles
10126 Empyrean Way #2 Chateau Nice
10128 Empyrean Way #1 Chateau St. Raphael

Turnover Ratio? 4.5% or about 8 condos a year 

Record Sale: $3,500,000 7/22/2016

Floorplans in Le Parc are all single story and range in size from 2 bedrooms to 3 bedrooms. The condos are quite spacious starting at 1,750 sqft and going all the up to 3,300 sqft.

(30) 2BR
1,750 sqft – 2,000 sqft
$1,400,000 – $1,500,000

(124) 2BR + Den
2,200 sqft – 3,000 sqft
$1,600,000- $2,500,000

(20) 3BR
3,000 sqft – 3,300 sqft
$2,500,000 – $3,000,000

All floorplans have a formal entry through a paneled front door and an adjacent powder room. You can have a lot of fun decorating the powderoom- I personally like moire silk wallpaper, and chinoise or kohler artist edition sinks but possibilities are endless! The foyer opens up to an oversized Living Rooms with a regency marble fireplace and airy 10’ ceilings. There are plenty of wall space for displaying art. Every condo has two balconies, with one leading out from the living room- some owners install French windows which look great. Owners who are decorating that stick with the period theme put in ornate crown moldings and hang chandeliers and drapes. Owners with more contemporary tastes, install recessed lighting in the ceilings, do away with any crown moldings, and add plantation shutter window coverings.

The Original kitchens in Le Parc had a French country style with drop ceiling and boxy raised panel wood cabinets of medium stain. The countertops and floor were square handmade ceramic tile. Some owners when remodeling their kitchens recreate the Oven hood feature that gives these kitchens a country look. I have seen other owners do them modern with quartz counters and contemporary cabinets/pulls. The cooktops were originally electric, but you can change them to gas if that is your preference. I really love the breakfast nook that all kitchens have- it’s a great informal space to read the newspaper and enjoy a cup of coffee in the morning. The formal dining room area comfortable seats 8.

Special attention was given to the bedroom placement in the layout. The bedrooms have a good amount of separating so they are private from one another. The master suites do no disappoint, with his and her bathrooms and massive walk in closets.

Bedroom suites work great for an in-home office, many owners who use them as an office build out panels and shelving.

Le Parc Condominiums Amenities

2 Swimming Pools & Spas

2 Lighted championship Tennis courts

Fitness Center

24/Hr Security

Meeting Room/Party Room

Storage Room

Parking & Laundry

Laundry is inside, in a laundry room just off the kitchen, There are cabinets above the laundry machines which provide additional storage for detergent, fabric softeners, linens and things. Laundry is side by side.

2 deeded spaces for 2brs, 3 deeded parking spaces for 3brs. There is plenty of guest parking with 6 guest parking spaces per building. Parking is underground in a subterranean garage. The developers designed for the autos to be parked underground to preserve the pedestrian nature of the development.

The Le Parc Condominiums Home Owners Association

The Le Parc Condominiums Homeowner’s Association likes to keep a low profile. They do not have a website.

On-site Management Office Number:
310-557-8400

General Manager of Le Parc Condominiums
John Burton
leparc@pacbell.net

Hoa Dues monthly cost? $1,800/mo. to $2,500/mo.

HOA dues cover? Common Area Maintenance, Water & Trash, Building Insurance, Earthquake insurance, Reserves, Basic Cable,

Owner pays? Electricity, Gas, Condo Insurance

Cost, any special assessments?

Showing Instructions? No Saturday or Sunday open houses. No weekend private showings. Weekday showings limited from 9am – 5pm M-F . Tuesday Brokers caravan ok from 11am -2pm on Tuesdays.

Pet Policy? 1 dog and/or 1 cat allowed with 25 lb weight limit

Rental Policy? Buyer cannot lease condos until a 3 year period after purchase.

EQ Insurance? Yes

Building Reserves?

Can you have BBQ on balcony? Balconies off kitchen ok for BBQ but not off living room.

Management company

Le Parc Management (only manages Le Parc Condominiums)

 

If you have more questions or if you would like to view this luxurious community, please call me directly at (310) 388-7332 or click the button below and I will be in touch shortly.

 

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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!

 

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10101 Galaxy Way | Park Place

Park Place
2102 – 2142  Century Park Lane
Los Angeles CA 90067

6343334

Park Place is a prestigious and upscale gated community in Century City. There are 416 condos in 6 different buildings. Each building is a 4-story mid-rise centered around two courtyard atrium. The property has almost 14 acres of grounds, and the onsite maintenance staff keeps Park Place impeccable.

Built between 1985-1989 by developer Watt Luxury Housing, who also developed nearby Park Hill and Century Woods, Park Place original construction cost was $150M. Nadel/Shapiro architects designed Park Place in a contemporary Mediterranean style.

Location

Century City’s office Skyscrapers are always looming in the background.  Many of the buildings, roads, sidewalks, bridges, in Century City are beyond the human scale which inspires feelings of awe and importance. Century City is quite at night, which attracts a lot of retirees, second homeowners, and professionals, that’s the way they like things. Nearby Westwood and Beverly Hills offer plenty of exciting entertainment options so you don’t have to travel far for a big night out. Nights out in Century City are usually low key.

Within Century City the Century Plaza hotel has always been a cultural landmark. The Westfield Century City mall which was recently expanded has plenty of restaurants, AMC movie theater, and shopping.

Century City is a Golfer’s paradise. Both the Los Angeles Country Club and the Rancho Park Golf Course are less than 5 minutes away. Park Place residents have no problem staying active with resort like onsite amenities for tennis, swimming, and a fitness center.

The Ralphs at 10309 Olympic Blvd or Gelson’s in Westfield mall are your best bet for groceries.

Real Estate

 

 

jpeg park place century city

All the condos are either 2 Bedroom (320) or 3 bedroom (96) and all are single level floorplans.

2BR: 1,300sqft – 1,700sqft
Price Range: $750,000 – $950,000

3BR: 1,800sqft – 2,400sqft
Price Range: $1,000,000 – $1,200,000

Turnover Ratio? 4% about 16 condos a year

Appreciation: 3%

Record Sale: $1,545,000  Sale Date 1/6/2006

There are 6 buildings. Each building is numbered in the order that it was built. Buildings #4/#5/#6 have slightly larger square footage because the atriums are smaller and they have different “classic edition” floorplans. Each building has two Atriums that are open area courtyards that let in light and have tropical landscaping features such as palm trees and fountains.

park place atrium

The 4th floor or each building is the penthouse level. The floorplans are the same except penthouses have extra high ceilings. All condos in Park Place have 9 foot high ceilings, however, the penthouse level ceilings are 22 feet!

North facing Condos in Building #4 get street noise from Olympic. Otherwise, condos are very quiet.

Kitchens are galley style or square with a large pantry cabinet. The original kitchens came with whirlpool appliances and ceramic tile countertops. Many owners have completely remodeled the kitchens.  Condos have no gas, so the stove is electric.

All floorplans have an open living room/dining room area. There are two wood-burning fireplaces in each condo, one in the living room and the other in the master bedroom. Master bedroom suites have their own private bathroom with large roman soaking tub and double vanity. Master bedrooms also have large walk in closets. The builder used a lot of marble, brass, and mirror accents that were popular in the 1980’s.

The HOA is very strict about installing wood floors. They are not allowed on the 2nd, 3rd and 4th floor. Only condos on the 1st floor are allowed to install them. Many homeowners install very expensive Berber carpets in the living room/dining room and bedrooms. This is another reason this building is really quiet!

Every condo has a balcony, but they can vary greatly in size.

Park Place Amenities

24/hr Gate Guard

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park place lap pool

Lap Pool

3 Pools w/ spa (1 Lap Pool) Hours 7:30 am to 10:00 pm

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4 Lighted Tennis Courts

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6 Gyms (one in each building)

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Lobby (one in each building- all furnished differently)

 

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Club House

Parking & Laundry

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Side by side Laundry is inside every condo in a laundry closet in the hallway.

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Deeded Parking, each condo (both 2br and 3br) have two parking spots in a gated parking garage. Parking spaces can be tandem or side by side. Each building has 18 guest parking spaces. Columns that are painted blue indicate guest parking spaces. The guest parking spaces never fill up.

Home Owners Association

HOA website: http://www.centuryparkplace.org

 HOA Dues Monthly Cost? $900/mo. – $1,200/mo.

HOA dues cover? Water, Trash, 200 Channel Basic Cable, Building insurance, Common Area Maintainance, Reserves

Owner Pays? Electric (no gas), Condo Insurance, Internet

Special Assessments? No

Pet Policy? Pet weight limit is 25 lb.

Rental Policy? Must be the owner of record for two years before the unit can be leased. Not for investors!

EQ Insurance? Yes

Building Reserves?

Special move in instructions?

Can you have BBQ on balcony? No

Management company:

Management Professionals Inc
4030 Spencer St #104
Torrance CA 90503
310-802-4808

Front Gate Phone Number: 310-556-3128

Onsite Management Office 
Hours: 8 am to 10:30 pm daily
Phone: 310-556-3185

Are you ready to see the luxurious community that is Park Place? Please call me directly at (310) 388-7332 or click the button below and I will be in touch shortly!

 

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Century Park East | 2160 & 2170 Century Park East

2160 century park east

 

Address:
Century Park East
2160 & 2170 Century Park East
Los Angeles CA 90067

 

Century Park East 1966

Century Park East 1966 still being constructed

century park east 1970

Century Park East 1970

Century Park East was the second condominium complex built in Century City (Century Towers was built two years earlier in 1964). Constructed in 1966, Century Park East is a full-service luxury highrise. Designed by architect Charles Luckman in the mid-century style, this highrise is 20 stories high and offers very low entry prices for condos on the lower levels and sweeping views for condos on the upper levels.

2160 Century Park East olympic

2160 Building at the corner of Olympic and Century Park East

There are two matching towers, 2160 and 2170.  2160 is to the north and 2170 to the south. 2170 is usually regarded as the more desirable tower because it is set back from Olympic Blvd which can get traffic noise.

Each tower has 240 Units for a total of 480 units (the high unit count means lower HOA dues).

2170 Century Park East los angeles ca 90067

One of the things that makes CPE unique is its expansive grounds. The property has a total of 6 acres, which is unheard of in LA nowadays. The only other high rise I can think of that has grounds that compare is Wilshire Terrace on the Wilshire Corridor. All this space is put to good use. Century Park East has some really great amenities like an Olympic size pool (CPE has best Pool for condo in LA challenged only by community pool in Playa Vista), a tennis court, and dog park, plus a whole lot of open green space.

Compared with other Highrises on the Wilshire Corridor or nearby neighbor Century Towers, Century Park East is an outstanding value. Century Park East has better amenities, lower HOA dues, the same services, the same views, the same size condos, and lower prices by nearly $100,000-$200,000.

The complex underwent a $22M modernization in 2008. Each unit was assessed 30K-40K for the modernization; some owners chose to pay off the assessment immediately while others financed it over 15 years. Make sure to find out if the assessment on the condo has been paid off or not before you purchase because any unpaid balance is passed to the new owner. The modernization means that there should not be any large assessments in Century Park East for the next 20 years.

Location

century park east condos for sale

Century City

Century Park East condos is located just south of Olympic Blvd at the corner of Century Park East Avenue and Olympic Blvd in Century City.

Century city is a net importer of Jobs and the dominant influence in the area is corporate America. International Companies are headquartered in Century City and some of Los Angeles most prestigious and powerful talent agencies and law firms are based there.

The Westfield Shopping Center,  which is undergoing an expansion, is the centerpiece of the community. Westfields has a dozen restaurants ranging from a food court fare to bar and grill, to fine dining. They have a Gelson’s which is your closest grocery store. Residents can take care of their day to day shopping, buy jewelry and fashion, or go to AMC movie theaters. Looking for more shopping options? Westwood Village is just five minutes away.

Fox Studios backlot is located in century city and they are another major employer.

There are two great parks very close by: Cheviot Hills Park and Roxbury Park in Beverly Hills.

The Hillcrest Country Club and Los Angeles Country Club offer Golfers with two nearby private club options nearby.

Real Estate

Record Sale? $1,850,000 (two combined penthouses 2170 Century Park East 2105) 1/9/2019 next 2nd highest sale is $1,280,000

Turnover? 5% –  24 a year or about 2 a month

Appreciation? 4%

2160 & 2170 Century Park East Building Layout

Century Park East condos are all single story floorplans and range from one bedrooms and two bedrooms. If you are looking for a really large condo this probably isn’t the building for you because the largest 2 bedrooms are 1,400 sqft and there aren’t very many of them (40). The average size for a 2br is 1,000 sqft and the average size for a 1 bedroom is 800 sqft. Each condo has a small balcony.

century park east floor to ceiling glass

Since it’s a midcentury style building you get ceiling to floor walls of glass that make the living room and kitchen very bright. Since Century Park East was built in the 1960’s the finish quality inside units can vary greatly. Some are in original condition while others have been totally remodeled. Expect to see a $100,000 to $150,000 difference in price between remodeled and original units.

Condos on floors 7 and above get really incredible views, this gets you high enough above the 4 and 5 story buildings surrounding CPE to get the sweeping vistas of the ocean and Santa Monica to the West, the Century City Skyline to the north, Hollywood and DT to the east, and the Los Angeles Basin to the south.

As is common in high rises, there is no water heater in each unit, hot water comes from a central boiler. Water is included in your HOAs. The condos do not have gas, so the stoves are electric.

Prices start in the $450,000’s and go above $800,000.

Amenities

century park east condos pool

 

century park east pool from above

-Olympic Size 6 Lane heated Pool- great for lap swimmers! Unfortunately, you will find that there is no Jacuzzi for some reason- not sure why the HOA didn’t put one in. EDIT- maybe they purposely excluded the Jacuzzi because it could lead to parties and noise. 

-Free Valet

CPE Gym los angeles

CPE gym 2

-Gym (The HOA needs to replace the stained ceiling tiles in the gym!) 

Century Park East Tennis Court

-Lighted Tennis Court

2160 Lobby century park east

2160 Lobby

2170 Lobby

2170 Lobby

-Remodeled Lobbies

-Each condo comes with 5×5 Storage shed.

Parking and Laundry

Each condo gets 1 parking space regardless if its a 1 bedroom or a 2 bedroom. You can rent another parking space from the HOA for $100-$150/mo. if you need more parking. Make sure to check, sometimes getting another parking space can be difficult if there is high demand.

Laundry is a bit of a challenge in the building. Condos do not have in-unit laundry. There are no  laundry rooms on each floor either. There is a laundry room in each building in the basement. To do laundry you have to ride the elevator to P1 – which can be a real hassle. There are 20 machines. Most residents hire a maid to do the laundry for them.

Some residents have bootlegged a washer/dryer into their condo, usually in a bathroom closet in their master bedroom. This is not allowed- if the HOA finds out, they could fine you and make you remove it. The buildings waste lines were not designed to handled laundry machines so if too many units in the building were to do that it would clog the drains and cause big damage. At least they take credit cards and not quarters!

century park east laundry room

HOA

A large number of condos (480) in Century Park East lowers the HOA dues. HOAs range $600-$700 for 1 bedroom and $700-$800 for 2 bedrooms which are quite low considering all the amenities. There are 3 full-time security guards on site at all times.

Home Owners Association Website:

www.centuryparkeasthoa.com

HOA dues cover? Water, Trash, Common Area Maintenance, Reserve, Building Insurance, Window Washing 2x per year.

Owner Pays? Electricity, Internet, Cable, Condo Insurance

Special Assessments? Yes, elevator special assessment 3K per unit

Pet Policy? 1 Large Dog or two small or medium dogs. No giant breeds according to American kennel society.  

Rental Policy? 1-year moratorium before the condo be rented. The owner must owner-occupy their condo for 1 year before renting. No restriction on the number of rentals in the building. 

EQ Insurance? No

Building Reserves?

Special move in instructions?

Can you have a BBQ on the balcony?

Property Management Company?

Century Park HOA

P1 level management on site

310-277-3810

Wendy Ext 2003 

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