A Few Condos Are Moving in Beverly Hills

Buying a single-family home in Beverly Hills is an expensive proposition, so the first home for people who really, really want a Beverly Hills address is often a condo.  They’re plentiful in the Flats — the non-hilly part of the city north and south of Wilshire Boulevard. 

Here are a few recent sales:

412 N. Palm Drive, No. 501:  This two-bedroom, two-bath, 1,599-square foot property (pictured) came on the market Aug. 28 with an asking price of $869,000.  It was snapped up quickly, closing escrow on Oct. 18 for $850,000, or $532 per square foot.

Another quick sale occurred at 406 N. Oakhurst Drive, Unit 103.  This 2+2, 1,294 square feet, arrived on the market on Sept. 23 with a pricetag of $695,000.  It closed on Nov. 20 at $660,000, or $636 per square foot.

The price on this two-bedroom, three-bath, 2,008-square-foot condo at 430 N. Oakhurst Drive, Unit 308, was reduced from $1,365,000 to $1,325,000 on Oct. 1.  It closed escrow a month later at $1,300,000, or $647 per foot.

And despite its price, 339 N. Palm Drive, Apt. 401, came on the market Aug. 12 listed at $1,650,000.  Less than two months later, the two-bedroom, three-bathroom, 2,790-square-foot unit changed hands, at a price of $1,599,000, or $573 per foot.