West Hollywood Penthouse Breaks L.A. Condo Record — Here’s What $23 Million Gets You

8899 Beverly Blvd. West Hollywood | Redeavor, The Agency Nils Timm

A penthouse at 8899 Beverly Boulevard in West Hollywood sold for $23 million, and that’s now the top condominium sale in Los Angeles County for 2026.

The price works out to $3,150 per square foot for the over 7,000-square-foot unit, topping an $18.8 million off-market deal done in April at the same address, according to Redfin and Zillow records. For anyone keeping score on publicly listed sales only, it also clears the previous on-market record at 1 West Century Drive in Century City, where unit 37A sold in March for $13.8 million, or $2,455 per square foot.

Photo | Redeavor, The Agency Nils Timm

That’s the 2026 record. It doesn’t touch the all-time mark. That one belongs to former OPI executive Miriam Schaeffer, who paid $39.1 million for a 39th-floor unit at The Century in January 2025.

The 8899 Beverly building has a bit of a story. Olson Kundig designed it as an adaptive reuse of the former LA International Design Center. The complex was converted to add residential units and ground-level retail in 2022.

The penthouse first listed in late 2024 at $27.5 million. The price was cut to $25.5 million before it closed.

Photo | Redeavor, The Agency Nils Timm

Four bedrooms, five full bathrooms and two powder rooms. Fourteen-foot motorized glass walls open the great room onto a 1,900-square-foot terrace. There’s also a primary suite of more than 1,000 square feet, a butler’s kitchen and a private elevator running from the garage directly to the unit.

The Real Deal reports Redeavor’s Taaseen Qureshi and Michelle Montany held the listing for property owner Beverly Blvd. Associates. The Agency’s Emma Baker and Nikki Joel brought the buyer. Neither side would identify who bought it, citing a non-disclosure agreement.

Montany said deal activity had slowed before recently picking back up.

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

She said the war in Iran kept some buyers on the sidelines earlier this year. At 8899 specifically, she’s seeing buyers who’ve sold single-family homes locally or who maintain a primary residence outside Los Angeles.

“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.

Photo | Redeavor, The Agency Nils Timm

 

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:dpb
:dpb
27 days ago

Image the amount of people that could have been feed for $23 million.

Gimmeabreak
Gimmeabreak
27 days ago
Reply to  :dpb

And in a few hours they would all be hungry again.