Vertical living has never been high on the shopping list for Southern California’s wealthy set. But a new wave of luxury developments is drawing the rich out of single-family homes and into the sky.
The latest example just closed in West Hollywood, where a penthouse condo has traded hands for $21.5 million. That’s the priciest condo sale in L.A. County so far this year, and the fourth most expensive the county has ever seen.
Check out the full story from the Los Angeles Times on the rise of condominium living in Los Angeles, featuring the record-breaking sale at Pendry Residences West Hollywood.
