The most exclusive residential tower in Los Angeles stands 22 stories high but has only 35 units.
Built by Emaar Properties of the United Arab Emirates, one of the world’s most valuable and innovative real estate development companies, and designed by award-winning interior designer Lisa Garriss of Plum Design West, the Beverly West highrise is sited adjacent to Los Angeles Country Club. The residence boasts more than 150,000 square feet of bespoke living space and product, all while taking in one of the largest unobstructed views on the West Coast.
The rare combination of ultimate privacy and individualized living space has attracted the likes of Abel Tesfaye (better known as The Weeknd), basketball coach Doc Rivers and talk show host Ellen DeGeneres, among others. It’s also made Beverly West the premier luxury highrise in Los Angeles, according to Bill Simpson of Hilton & Hyland.
“Beverly West has consistently outpaced any other vertical property in the market,” said Simpson. “It has the highest price-per-square-foot of any residential high-rise in Los Angeles, second only to full-service hotel properties.”
As the only United States asset for Emaar, Beverly West buyers have multiple prices of entry, according to Simpson.
“Beverly West units are priced between $4-million for smaller lower units and up to $10-million for larger upper units,” he said. “The quality across the board is second to none, as are the services for very limited owners creates a rarified boutique experience.”
In terms of inventory, only 10 units below the 18th floor are currently available. In the last six months, there have been two sales below the 18th floor, each going for more than $6 million. Over the last two years, there have been three sales below the 18th floor in the $8-10 million range.
Each residence at the Beverly West has custom interiors with wood doors and paneling; limestone, marble and custom-finished hardwood plank floors; imported Italian kitchen cabinetry; and high-end appliances indicative of the quality one might find in sophisticated single-family homes.
Listed for $3.773 million, Unit 4 Northwest has walls of floor-to-ceiling glass and sweeping views of the golf course next door. Limestone, marble and custom-finished hardwood plank floor are a common theme throughout the unit. Two bedrooms and two bathrooms are within nearly 1,800 square feet of sophisticated living space.
“I’ve been in real estate for over 30 years and haven’t seen a single building with the same level of detail, quality and craftsmanship invested into all units like the ones in Beverly West,” Simpson said. “Unmatched quality coupled with opulent amenities shared with so few residents are the reason it is considered the most exclusive and desirable tower in all of Los Angeles.”
Above the 18th floor are the penthouses, which were also designed by Garriss. Custom-built on speculation, the penthouse units were designed to embody the personality of the eventual owner and feature individualized personas. Among them are The Producer, The Musicians, The Collector, The Entertainers and The Mogul.
“The five Penthouses are certainly in a class by themselves,” said Jeff Hyland, co-founder of Hilton & Hyland, who noted that each has about 8,000 square feet of living space and views of the open corridor that will never be obstructed.
“Without question, Beverly West is the most exclusive residential tower in Los Angeles,” Hyland said.
Since 2019, two of the penthouses have sold for $21 million—the highest-priced penthouse sales in recorded Los Angeles history, according to Hilton & Hyland agent Susan Pekich.
Hyland, Simpson and Pekich represented Emaar on the sale of the 18th and 19th floor, while Simpson and Pekich represented the buyer, real estate developer Richard Lewis, on the first-ever penthouse sale.
“From the color palette and product selection, the entire residence was designed around two individuals who exemplify the art of entertaining,” Hyland said. “Every detail was customized with [the art of entertaining] in mind.”
Only one penthouse (The Entertainers) is currently on the market and carries an asking price of $23 million. The 8,215-square-foot residence is visually stunning and features custom interiors with an Italian kitchen, high-end fixtures and wide-plank oak floors imported from Italy.
Additional penthouse units are available off-market and have pricing starting at $21 million depending on the floor. Simpson, Hyland and Pekich hold the exclusive listings for the Beverly West.
Story courtesty Forbles Global Properties