Two WeHo Condos Make History | LA Times
At Pendry Residences West Hollywood, a 2,681-square-foot condo overlooking the Sunset Strip just sold for $13 million. That’s the highest price-per-square-foot in L.A. history at $4,848, clobbering the previous record of $3,858, according to the Multiple Listing Service.
A second, slightly larger unit in the same building recently closed for $13.3 million, a price-per-square-foot of just under $4,500. Both sales, which rank among the priciest condo deals in recent years, highlight a growing demand for luxury vertical living, even as the pandemic saw buyers in search of space and privacy trend toward single-family homes.
The condos are two of 40 that will slowly trickle to market over the next year at Pendry Residences West Hollywood, a new hotel-and-condo hybrid opened by Montage Hotels & Resorts. The $500-million complex built on the former site of the House of Blues is one of multiple projects coming to the Sunset Strip as developers look to lure buyers out of their single-family homes and into luxury condos loaded with high-end amenities.
