Tomer Fridman and Cassandra Peterson present

The Cavalli Penthouse” set within the 38th floor of the coveted Century building is a bold design statement by the Jumbo Collection. With sprawling south-facing views overlooking the Pacific Ocean, this newly-renovated penthouse showcases custom finishes and furnishings from Cavalli and Ferre included in the purchase. Step off the elevator onto onyx and Sapele Mahogany Parquet flooring and cross into the great room featuring an onyx bar, oversized gas fireplace within a marble wall from Spain, hidden built-in shelving, and a massive outdoor terrace with a fire pit. The interior also boasts a flexible layout with a Gianfranco Ferre-designed kitchen, two large bedrooms with luxurious baths en suite, massive walk-in custom closets, a private sauna, two additional private terraces, and a separate office with a library. The Century features extensive gardens designed by Landscape architect Pamela Burton, concierge, gated security, a pool and jacuzzi with private cabanas, fitness studio, movie theater, business center, and valet parking.

Address: 1 W Century Dr #38A, Century City, CA 90067

Price: $21,000,000

Photo Credit: Anthony Barcelo

For more information, please contact Tomer Fridman at 310-919-1038 or tomer.fridman@compass.com

Tomer Fridman represents the Hidden Hills, Holmby Hills, and Trousdale Estates, CA, real estate markets as a member of the Haute Residence Real Estate Network. To view all of his listings, visit his website.

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Matthew Perry

Photo Credit: ShutterStock

In 2017, Matthew Perry purchased his lavish Century City penthouse for $20 million. In August of 2019, after two years of residence, his former home was listed on the market for $35 million. When the steep asking price failed to attract prospective buyers, the cost was reduced by 23% to $27 million in July of 2020. At the time, this was reported to be the priciest condo listed in Los Angeles. In November, the price was furthermore reduced to $23 million and was eventually removed from the market at the end of the year. It was relisted in April at $23 million before finally selling at $21.6 million this week. Although the final closing price is 38% less than Perry’s initial listing price, it is still the most expensive recorded condo sale in the city since 2015.

Designed by Robert A.M. Stern in 2009, Perry’s former penthouse occupies the entire 40^th floor of the 42-story building and span nearly 9,300 square feet of living space. The interior layout features four bedrooms, 6.5 bathrooms, expansive living rooms, and a spacious kitchen with center island. The extravagant master suite offers a curved glass wall, seating area with fireplace, dual closets, and dual bathrooms. The space also highlights four terraces offering panoramic views of the Los Angeles cityscape. Decorative elements include subdued hues and textured accents courtesy of renovations by architect Scott Joyce and designer LM Pagano. Other perks of the home consist of a screening room, billiards room, fitness studio, swimming pool, and three covered parking spaces.

Greg Holcomb and Cassandra Petersen of Compass held the listing for this property. James Harris of the Agency represented the buyer.

The post Matthew Perry Sells Priciest Century City Penthouse In Years appeared first on Haute Residence by Haute Living.

Reaching over $1 billion in sales over the last eight years, Mary Ann Osborn has secured her position as a leading broker in Century City and Los Angeles. Through her extensive knowledge of the market and preconstruction projects, she offers her clients a smooth and satisfactory transaction, from beginning to end.

Her market knowledge, professionalism, level of integrity, and customer service qualify her as a broker of choice for new luxury condominiums in Century City. Osborn’s interpersonal skills and tactful approach has been validated by the particular demands of servicing an elite clientele. Haute Residence sat down with Osborn to discuss Century City's luxury real estate market in 2020 and what her buyers are looking for.

How has the luxury real estate market in Century City been performing so far in 2020?

Traffic has been brisk in the new development high rises. The sweet spot is $3 to $8M.

What are buyers looking for in their homes in Century City in 2020?

It’s all about 24/7 concierge, security and amenities.  Additionally,  they want walkability to restaurants, theater, and museums.

Photo Credit: DBOX

Which has been a highlight sale for you so far in 2020?

Given we are under construction, we have not closed any, yet my buyers are coming out of large homes and scaling down so many are buying an entire floor to accommodate their needs.

Are there any new restaurants or other spots in Century City you’ve been loving lately?

Eataly just opened and Din Tai Fung which are the hot spots.

It’s time for spring break. What is a fun activity in Century City?

It’s the Westfield Mall, a two-level, 1.3 million-square-foot outdoor shopping mall with shopping, dining, theater, and outdoor fashion events.

The post Mary Ann Osborn On Century City’s Luxury Real Estate Market appeared first on Haute Residence by Haute Living.