Wilshire Corridor condominiums sold January 2021 include 15 sales. The start of a busy year of real estate activity. Furthermore,with interest rates low, this trend is expected to continue. There is a shortage of inventory with many buyers thus, driving prices up.Not enough supply, high demand.
Living in a condo can simplify life by having the use of many amenities and not having as much land and upkeep .Inventory levels are more abundant in condominiums. Therefore there are more opportunities.
Firstly, protocols are in place in the luxury high rises to make residents feel safe. Enforcement of hand sanitizers, masks, separation in elevators, closed community pools, are measures to assure the community feels secure. There are some stunning condos with beautiful interiors. People have had more time to improve their interiors. Home is more important to everyone now.
Secondly, note the first photo displayed is of a 2 bedroom condo with 1458 square feet sold for $1,090,000. Additionally, the second photo is of 10751 Wilshire that has 900 square feet and sold for $700,000.00. Both sold very quickly within 2 weeks. Furthermore, the 3rd noted photo is of 10790 Wilshire. This is 2 bedroom condo with over 1770 square feet sold for $1,025,000. It needed some updating. Finally, our featured photo is a two bedroom that sold for $2,975,000.00 and has 2735 square feet
Thus you can see, there are so many price ranges . This has to do with renovations, location within the building, the age of building, size of unit, building, floor, amenities, views etc. My expertise on the Corridor will help you buy or sell. Furthermore my website offers information about each building on the Corridor. Please contact me for more information. I would love to help you with your real estate needs. http://www.caronschwartz.com 310-383-0831 caronschwartz.realtor.broker@gmail.com
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