Q3 Quarterly The Glazer Estate, Beverly Hills $75,000,000 19 Market Report Represented by Je Hyland, Drew Fenton Table of Contents.
Founders’ Significant Showcase Letter Sales Listings page 4 page 6 page 20
Owners Rick Hilton and Our significant sales of Q3 A gallery of our latest Jeff Hyland recap the third including the highest sale in luxury listings, including the quarter of 2019. the history of Los Angeles. $75M Glazer Estate.
Earned Market Ultra Media Data Luxe page 32 page 52 page 80
A round-up of our A look at the overall Q3 A look at the ultra-luxe most notable editorial marketplace from Malibu marketplace in Q3 ranging features from Q3. to Los Feliz. from $5-20+ Million.
Once Upon Saint Laurent Meet a Time in LA + Ennis House Our Team page 82 page 84 page 86
A celebration of the Saint Laurent debuts Meet our agents, swinging 60s in honor of the Winter ‘19 Collection management and Quentin Tarantino’s latest film. at the Ennis House. marketing team. Founders' Letter.
Welcome to the Hilton & Hyland Quarterly Report, a summary of our performance in Q3 as well as sales figures for the Los Angeles residential market. This quarter, not only did we achieve the highest sale in the history of Los Angeles for $119,750,000, but we launched our first short film as a brokerage.
The Hilton & Hyland story began 26 years ago, and our roots in the L.A. real estate market are even deeper. In 1993, we founded this firm to provide the individual care and expertise necessary to broker the world’s most exquisite properties including The Playboy Mansion, The Spelling Manor, The Beverly House, The Enchanted Hill and many others.
Having watched our firm of not even 10 agents grow into 150 in the past two and a half decades while remaining a privately- held powerhouse boutique, unfettered by investors and outside shareholders, has been deeply rewarding.
‘The Founders’ is the culmination of our success, vision and the very city we shaped. We cannot, however, simply rest on past laurels. Instead, our success has inspired renewed dedication and eort from not only ourselves, but our exceptional agents and sta.
Throughout the following pages, you will find a detailed analysis on all key neighborhoods in Los Angeles, along with specific insights into the luxury market. As the definitive leader in this market, it gives us great pleasure to present this comprehensive report.
Rick Hilton Jeff Hyland CHAIRMAN PRESIDENT STILL FROM ‘THE FOUNDERS’ Watch the short film here at YouTube.com/HiltonHyland Billionaire Developer Buys First Penthouse in L.A.’s Exclusive Beverly West “Each residence has its unique character and personality infused within the product selection, material, and finish specifications.” - Jeff Hyland
Something big has crowned in Los Angeles. Emaar “The five penthouses are certainly in a class by themselves Properties, developer of Burj Khalifa (the world’s with approximately 8,000 square feet of living space, tallest building) and The Dubai Mall (the world’s a view corridor that will never be obstructed, and a largest shopping and entertainment destination) just pristine level of quality and finishes not normally seen in unveiled the Penthouse Collection at Beverly West vertical properties,” says Je Hyland. Residences, the über-luxe, 22-story boutique high- rise billed as “the most exclusive residential tower in “Most exclusive”, “biggest” and “best” are bold claims in Los Angeles.” the city of hype, where mega-mansions and gleaming towers are a dime a dozen. How developers distinguish Adjacent to the Los Angeles Country Club, Beverly their projects is the fine-line between a splashy West houses 35 intimate residences with unobstructed headline sale and a languishing spec home, especially downtown and mountain vistas, luxury amenities, and in a dicult over-the-top, oversupplied, overpriced easy access to the heart of Beverly Hills. The Penthouse market. How it’s marketed often determines if it sells. Collection caps o Beverly West’s final phase with Beverly West’s advantage—its design, location, access, five bespoke, move-in ready homes (one sold the first and L.A.’s high-rise renaissance. Vertical living is hip week), represented by Hilton & Hyland bigwigs Je again, even for A-listers like Ellen DeGeneres and Los Hyland, Bill Simpson and Susan Pekich. Angeles Clippers coach Doc Rivers who chose to live
Continued on Next Page>> JEFF HYLAND | BILL SIMPSON | SUSAN PEKICH 1200 Club View Drive, Penthouse 19 Represented Both Buyer & Seller $21,000,000
S T O RY: K E IT H F L AM E R PU B L I S H E D : J U LY 2 1 S T AGEN T S : JEFF HYLAND, BILL SI MPSON , S U S A N P E K I C H P R O P E R T Y: B E V E R LY W E S T PENTHOUSE C OLLEC TION
PENTHOUSE 19 The Entertainer
SOLD $21,000,000 JEFF HYLAND | BILL SIMPSON | SUSAN PEKICH 1200 Club View Drive, Penthouse 19 Represented Both Buyer & Seller $21,000,000 >>here at one time or another. Located along Wilshire, the building is marketed as “luxury elevated,” validated by amenities like a saltwater pool, spa, sun deck, fitness center and a billionaire-friendly helipad.
Designed by Plum Design West’s Lisa Garriss, the Penthouse Collection represents the building’s pinnacle—fully-furnished homes with direct elevator access and floor-to-ceiling panoramas, occupying the top five floors. Each penthouse is curated around a specific persona—The Mogul (18th floor); The Entertainers (19th floor); The Collector (20th floor); The Musicians (21st floor); and The Producer (22nd floor). Pricing starts at $20-plus million.
The Entertainers Penthouse, a 8,215 square-foot, three-bedroom unit was designed for a couple who entertains.
Billionaire developer Richard Lewis, and his wife, who previously lived on a lower floor, purchased the unit for $21 million. It features a large great room (with birds-eye golf course views), chef’s kitchen, wine vault, bar, dual master baths, a wellness massage suite and multiple balconies.
“Each residence has its unique character and “To create five unique penthouse personality infused within the product selection, material, and finish specifications,” says Hyland. residences, I drew from my luxury “From the moment you step o the private elevator into each residence, you experience their character hospitality design experience and individuality.” to imagine specific themes or If Garriss provides the canvas, Frenchman Maxime personalities for each residence Rançon paints the picture. Rançon is a real estate game changer, the creative marketing maestro whose swoop- thereby creating distinct visual ing drones and slick, high-def wizardry turn unoccu- pied properties into Hollywood-style eye candy. stories for each.” - Lisa Garriss
The Rancon Company brings contemporary homes to life via swinging doors, zooming cars, athletic actors swimming across infinity pools, and gorgeous models cat-walking across custom kitchen floors and patios. It’s all presented as a lifestyle dream come true.
“We create campaigns that generate emotions and tell compelling stories,” says Rançon. “We want buyers to identify with the lifestyle that comes with living in the building. People want to feel amazed and inspired.”
Click here to read the full article on Forbes.com
PENTHOUSE 18 The Mogul
ACTIVE $22,000,000 Significant Sales.
The Highest Sale in the History of Los Angeles... JEFF HYLAND THE MANOR HOLMBY HILLS | $119,750,000 Jeff Hyland Represented the Buyer JEFF HYLAND | JUDY FEDER | WILLIAMS & WILLIAMS 822 SARBONNE RD BEL-AIR | $75,000,000 Jeff Hyland, Judy Feder, Branden Williams & Rayni Williams Represented the Seller
RESNICK & NASH | PATRICK FOGARTY 1155 ANGELO DR BEVERLY HILLS P.O. | $42,750,000 Stephen Resnick & Jonathan Nash Represented the Seller Patrick Fogarty Represented the Buyer p.11 WILLIAMS & WILLIAMS 1169 N HILLCREST RD BEVERLY HILLS | $30,000,000 Branden Williams & Rayni Williams Represented the Seller RENDERING JEFF HYLAND 299 N SALTAIR AVE BRENTWOOD | $28,000,000 Jeff Hyland Represented the Seller p.15
JEFF HYLAND | JUDY FEDER | WILLIAMS & WILLIAMS 1860 CARLA RIDGE BEVERLY HILLS | $15,000,000 Jeff Hyland, Judiy Feder, Branden Williams & Rayni Williams Represented the Buyer Branden Williams & Rayni Williams Represented the Seller DREW FENTON ANNA MARIE SIMPLICIANO 1557 TOWER GROVE DR BEVERLY HILLS | $7,050,000 Drew Fenton & Anna Marie Simpliciano Represented the Buyer BJORN FARRUGIA MATTHEW SCHWARTZ 241 N ROCKINGHAM AVE BRENTWOOD | $10,675,000 Bjorn Farrugia & Matthew Schwartz Represented the Seller
p.19 Showcase Listings.
JEFF HYLAND | DREW FENTON THE GLAZER ESTATE 601 MOUNTAIN DR, BEVERLY HILLS | $75,000,000 p.20
BRANDEN & RAYNI WILLIAMS 9268 ROBIN DR BIRD STREETS | $42,500,000
RICK HILTON | LINDA MAY THE ENCHANTED GARDEN ESTATE 803 N ELM DR, BEVERLY HILLS $14,200,000 DREW FENTON 1140 TOWER RD BEVERLY HILLS | $32,500,000 p.26 p.27 ROXANE ALMEIDA BRANDEN & RAYNI WILLIAMS 2200 SUMMITRIDGE DR BEVERLY HILLS P.O. | $18,995,000
STEPHEN RESNICK | JONATHAN NASH 1706 N DOHENY DR DOHENY ESTATES | $16,895,000
p.30 PATRICK FOGARTY 1486 BLUE JAY WAY BIRD STREETS | $10,900,000
p.31 An Exclusive Look Inside the Most Expensive Home for Sale in America
The Chartwell Estate, as it is known today, was the home of billionaire businessman Jerry Perenchio, who died in 2017. According to Forbes, the one-time chairman and CEO of Spanish-language broadcast network Univision had an estimated net worth of $2.8 billion.
The property’s 25,000-square-foot main residence has 11 bedrooms, 18 bathrooms and a limestone facade. If the exterior looks familiar, that’s because it was used in “The Beverly Hillbillies,” a TV series that aired from 1962 to 1971, as the Clampetts’ mansion. The original home was designed by Los Angeles “The late Italian opera singer architect Sumner Spaulding Luciano Pavarotti, who was and completed in 1935. a friend and a frequent guest, Shortly after acquiring Chartwell in 1986, Peren- would often come down to the chio did a complete gut ren- ovation of the interiors that tunnels to practice because took five years to complete. During that time, he also ex- the acoustics were so great.” tended the property’s foot- print to more than 10 acres by purchasing and combining three neighboring lots. One of those lots included a home that Perenchio converted into Chartwell’s 5,700-square-foot guest house, a second was demolished to make room for a driveway, and a third was bulldozed to become a grassy helipad.
The media mogul adorned his main residence with rare European furniture and antiques he collected
Continued on Next Page>> STORY: CHRISTOPHER DILELLA PUBLISHED: AUGUST 30TH AGENTS: GARY GOLD, DREW FENTON, JEFF HYLAND PROPERTY: CHARTWELL BEL-AIR $195,000,000 >>over the years, including his private The 25,000-square-foot mega art collection worth hundreds of millions of dollars. The collection residence has 11 bedrooms and 18 was bequeathed to the Los Angeles County Museum of Art upon his death. bathrooms, a 12,000-bottle wine He also constructed some significant cellar, a 75-foot swimming pool, modern additions to the property. Past the iron gates of 875 Nimes Road acres of private gardens and secret is a winding driveway bordered by lush greenery that leads visitors to the underground tunnels. iconic entrance of the main residence.
Through the front doors and past the main entry is an expansive living room,designed by late French interior designer Henri Samuel. Samuel renovated all rooms in the home in the late 1980s.
The main living area has spectacular views of the backyard, including sights of estate’s grand fountain bordered by an allee of trees. The estate’s master bedroom and dressing area also have the same breathtaking views of the landscape below.
The estate’s formal dining room — with seating for 18 — has paneled walls imported from Europe and date to the mid-1700s. The “morning room” has a mint- green vaulted lattice ceiling that was constructed in Paris, shipped in sections, and reassembled inside the room. The curtains identically match the floral wallpaper.
On the opposite end of the main level is the “garden room.” On the walls are five black-and-gold Japanese lacquer panels inlaid with mother of pearl. Hilton & Hyland listing agent Gary Gold said Perenchio loved to entertain. One level below the main living room is a ballroom where he hosted big events. “The owner knew how to throw a party. And in [here], he loved a surprise,” Gold said.
With the press of a remote control button, a pair of motorized Asian screens split open to reveal a grand piano on a stage.
“Now, I’m not going to drop names, but on this very stage, Mr. Perenchio would have A-list performers who were used to playing in arenas, playing here for an intimate gathering of a hundred guests,” said Gold. steps away from the performance area is the billiard room.
An avid wine collector, Perenchio built a climate- controlled wine cellar that holds as many as 12,000 bottles. (His wine collection later sold in two separate auctions — one in March 2018 and the other in May 2018 — for just under $12 million.)
Click here to read the full article on CNBC.com Chinese Billionaire Buys $75 Million Bel Air Megamansion
According to the Wall Street Journal, an enormous e s t a t e i n t h e B e l A i r f o o t h i l l s h a s s o l d f o r a b r e a t h t a k i n g $75 million — and the mega-bucks buyer hails from Mainland China. STORY: JAMES MCCLAIN PUBLISHED: JULY 22ND AGENTS: JEFF HYLAND, JUDY FEDER And indeed, although the grant deed is not yet BRANDEN WILLIAMS, RAYNI WILLIAMS ocially filed, it’s widely known in Platinum Triangle PROPERTY: 822 SARBONNE RD real estate circles that the all-cash buyer is a Chinese BEL-AIR $75,000,000 billionaire businessman. Since the transaction has not yet ocially recorded, his identity is not yet certain. But while there are at least two main billionaire names currently being banded about, the majority of rumors say he may (or may not) be Liang “Johnson” Zhang, a man Back in humble Bel Air, the $75 million estate sits on a hailing from the Mainland Chinese city of Guangzhou. property once owned by tech tycoon Halsey Minor. In the late aughts, following Minor’s well-publicized financial Zhang is the son of Zhang Li, a Chinese mining and troubles, the house entered a long, sordid state of vacant real estate tycoon with a personal net worth of $3.2 neglect. Finally, in 2014, the property transferred for $11 billion, according to Forbes. Whether or not Zhang is million in a bankruptcy court sale to developer Ardie the Chinese billionaire buyer in question, he’s already Tavangarian and his longtime wife Tania. got a well-established appetite for high-end real estate. Earlier this year, according to Italian reports, he splashed The Tavangarians spent more than three years and untold exactly €35 million euros (about $39.5 million USD at millions on a radical overhaul and expansion of the once- current currency conversion rates) on a massive hilltop abandoned property, culminating in the wildly opulent villa in Portofino, directly overlooking the Italian Riviera. Continued on Next Page>> p.42 >> behemoth seen in this story’s gallery. Though massive and decidedly contemporary in style, the house differs from most other modern L.A. spec-homes by including warm, polished finishes, reasonably intimate rooms, and comfortable-looking furnishings. It actually seems like a real home — albeit a 25,000 sq. ft., bonafide mega-sized home — and not merely another cold, museum-like showpiece.
By early 2018, the Tavangarians had engaged one of the Platinum Triangle’s most successful realtors to quietly market the house as a $100 million pocket listing. Shortly thereafter, Walmart heiress Paige Laurie attempted to buy the nine-figure property — and even initiated escrow — but for unknown reasons, the deal ultimately collapsed. Laurie quickly dropped $41.5 million cash on a different contemporary megamansion, and the original Bel Air broker lost the $100 million listing.
Later that year, the Tavangarians engaged a new team of high-end realtors — Branden and Rayni Williams and Jeff Hyland of Hilton & Hyland — to market the property at a slightly more manageable $88 million.
Although the $75 million sale price is quite hefty, it doesn’t even rank within the top 10 all-time residential real estate deals closed in pricey Los Angeles County. But for records-obsessed readers, this transaction does indeed make history in a different way — the Bel Air estate ranks as the priciest California home ever purchased by a Chinese national, narrowly besting the $74 million that insurance tycoon Zhang Jun spent several years ago on a Holmby Hills palace known as the Carolwood Estate.
As for the Tavangarians, they’ve already packed up their good fortune and moved on to their latest project — another monster compound set high in the Pacific Palisades Riviera, right next door to Tom Hanks.
Click here to read the full story on Variety.com Beverly Hills Mansion with Dean Martin Ties Hits the Market for $75 Million The roughly 27,500-square-foot mansion was built by mega-mall developer Guilford Glazer
STORY: KATHERINE CLARKE PUBLISHED: JULY 26TH AGENTS: JEFF HYLAND, DREW FENTON PROPERTY: 601 MOUNTAIN DR BEVERLY HILLS $75,000,000 A Beverly Hills mansion that replaced the longtime home of Mr. Martin and his second wife Jeanne Martin bought the entertainer Dean Martin is coming on the market for $75 million. property in the 1950s, according to the book “Dino, Living High The massive concrete home is about 27,500 square feet and has in the Dirty Business of Dreams” by Nick Tosches. Mr. Tosches a modern museum-style look, said listing agent Jeff Hyland of described the original property as a “wood-and-fieldstone Hilton & Hyland. dream house, with three servants, six cars, a swimming-pool, a tennis court. It has large teak doors, a two-story atrium, a ballroom, a large dining room and dramatic water features, including a series of In his book, “That’s Amore: A Son Remembers Dean Martin,” Mr. manmade ponds and waterfalls. There is an indoor pool as well as Martin’s late son Ricci Martin described his father’s latter years at a 98-foot outdoor swimming pool. the home, which by 1967 had expanded to about 12,000 square feet from its original 5,000 square feet. “Ins pite of its size, we The property was most recently owned by late real-estate never thought of 601 Mountain as a mansion, but more as a developer Guilford Glazer and his wife Diane Glazer. Mr. Glazer ranch house,” Mr. Martin’s son wrote. “In spite of the celebrity was a major owner of commercial real estate, and developed the circle that swirled around my father and mother, the heart and Del Amo Fashion Center in Torrance, Calif., one of the country’s soul of our house were shielded from the glare of Hollywood.” largest malls. He died in 2014, and Ms. Glazer died in April 2019, The Martins bought the home for $120,000, according to Ricci Mr. Hyland said. The Mountain Drive house, completed in 1995, Martin’s book, which was co-written with Christopher Smith. It replaced a property formerly owned by Mr. Martin. remained their home for about two decades.
Grand 1930s Spanish Hacienda in Coldwater Canyon Seeking $13.5M
The surprisingly intact residence is the former estate of publishing scion David Hearst
Jazzing up the market in the 90210 is a grand 1930s Spanish Located on a 1.53-acre lot a little west of Coldwater hacienda once owned by David Whitmire Hearst. Canyon Drive, the 7,280-square-foot home looks to have been kept remarkably intact over the years. Its lovely One of publishing tycoon William Randolph Hearst’s five period features include a curving magnesite staircase sons, David Hearst was also in the newspaper business, with elaborate wrought iron railings, coered and beginning his career as a police and City Hall reporter for beamed ceilings, hardwood floors, carved fireplaces, the New York Journal-American. At 22, in Citizen Kane- and vividly colored tile. worthy fashion, Hearst married teenage showgirl Hope Chandler after seeing her on the cover of Life magazine. Outside, there’s a gated courtyard with fountain, rolling The newlywed couple moved to Los Angeles, where lawns, and a generously sized swimming pool. The five- Hearst started working at another family-owned paper, bedroom, seven-bath property is listed with Susan Smith the Los Angeles Herald-Express, eventually ascending of Hilton and Hyland at an asking price of $13.5 million. to publisher.
According to the LA Times, the Hearsts owned the Beverly STORY: PAULINE O’CONNOR Hills Post Oce-area estate until 1953, when they sold it PUBLISHED: AUGUST 19TH to screenwriter-director Sam Fuller for $57,500. Thirteen AGENT: SUSAN SMITH years later, it was purchased by B-movie writer-director PROPERTY: 9641 ROYALTON DR BEVERLY HILLS $13,500,000 Larry Cohen, who lived there until his death this past March. Q3 Market Data.
RESNICK & NASH 1374 LAUREL WAY BEVERLY HILLS P.O. | $8,750,000 Represented by Stephen Resnick & Jonathan Nash
Beverly Hills
Welcome to the Beverly Hills real estate market where the quality of life is unparalleled, multi-million dollar architectural masterpieces are in abundance, and residents include Hollywood stars, entertainment moguls, entrepreneurs, and high-profile investors from around the world. Over the years there has been an upward trend in the average sale price per square foot, and the average days on market has reached 97 days. While homes are still selling for top dollar, we are seeing a longer sales process than before. Beverly Hills remains the most famous zip code in the world and a steadfast destination for luxury buyers.
AVERAGE SALES PRICE / SQ.FT.
1,700
1,600
1,400
1,200 41 1,000 LISTINGS SOLD
800 600 90.9% 400 AVG. SALES PRICE AVG. LIST PRICE
200
0
Q3 Q1 Q3 Q1 Q3 Q1 Q3 16 17 17 18 18 19 19 SOLD | 410 EVELYN PL | $8,000,000
DAYS ON MARKET DISTRIBUTION
60% 97 AVG. DAYS ON MARKET 50%
40% $1,476 30% AVG. SALES PRICE PER SQ.FT. 20%
10%
0
0-30 31-60 61-90 90-120 120+
*All figures represent single family residences sold from July 1st to Sept 30th 2019. Beverly Hills Post Office
Boasting exclusive gated communities, historic estates and grand mansions, the hillside community of Beverly Hills Post O¤ce o¥ers unrivaled luxury and privacy. The Beverly Crest neighborhood also provides views of the Los Angeles basin all the way to Catalina Island. Some of the most highly sought after upscale communities can be found here: Beverly Park, Mulholland Estates, Beverly Ridge Estates, and Beverly Glen Park. Price per square foot saw an increase as the highest sale of the year in the area (and second highest in the history of the area) was acheived with our sale of 1155 Angelo Drive.
AVERAGE SALES PRICE / SQ.FT.
1300
1155
1010 865 34 720 LISTINGS SOLD
575 430 94.2% 285 AVG. SALES PRICE AVG. LIST PRICE
140
0
Q3 Q1 Q3 Q1 Q3 Q1 Q3 16 17 17 18 18 19 19 SOLD | 1155 ANGELO DR | $42,750,000
DAYS ON MARKET DISTRIBUTION
60% 83 AVG. DAYS ON MARKET 50%
40% $906 30% AVG. SALES PRICE PER SQ.FT. 20%
10%
0
0-30 31-60 61-90 90-120 120+
*All figures represent single family residences sold from July 1st to Sept 30th 2019. Sunset Strip | Hollywood Hills
Nestled in the southeast Santa Monica Mountains, you can’t help but feel you “made it” when you gaze at the hustle of the City of Angels below. This enclave of luxury homes, located high above the Sunset Strip, has become one of the few go- to locations for high-end buyers. Embracing top-tier boutiques, restaurants, and nightclubs while also o¥ering exclusivity, Despite a decrease in ultra-luxury sales, in Q3 alone a staggering 106 single family homes were sold with their average days on market a mere 70 days. This proves that, for certain price ranges, “The Strip” is hot as ever.
AVERAGE SALES PRICE / SQ.FT.
1,125
1000
875 750 106 625 LISTINGS SOLD
500 375 93.9% 250 AVG. SALES PRICE AVG. LIST PRICE
125
0
Q3 Q1 Q3 Q1 Q3 Q1 Q3 16 17 17 18 18 19 19 SOLD | 8338 SKYLINE DR | $4,650,000
DAYS ON MARKET DISTRIBUTION
60% 7O AVG. DAYS ON MARKET 50%
40% $890 30% AVG. SALES PRICE PER SQ.FT. 20%
10%
0
0-30 31-60 61-90 90-120 120+
*All figures represent single family residences sold from July 1st to Sept 30th 2019. Bel-Air | Holmby Hills
For generations, Bel-Air has ranked among the most prestigious residential communities in the city of Los Angeles. A key part of the Platinum Triangle – along with Beverly Hills and Holmby Hills – this exclusive district is dominated by both historic and contemporary estates, and presents a privacy that has made it a preferred destination for the rich and famous. The average price per square foot increased to $1,345, while homes spent an average of 73 days on the market, indicating that patient sellers have increasingly been able to find common ground with more discerning buyers to complete sales in the area.
AVERAGE SALES PRICE / SQ.FT.
1,700
1,600
1,400
1,200 51 1,000 LISTINGS SOLD
800 600 84.5% 400 AVG. SALES PRICE AVG. LIST PRICE
200
0
Q3 Q1 Q3 Q1 Q3 Q1 Q3 16 17 17 18 18 19 19 SOLD | 822 SARBONNE RD | $75,000,000
DAYS ON MARKET DISTRIBUTION
60% 73 AVG. DAYS ON MARKET 50%
40% $1,345 30% AVG. SALES PRICE PER SQ.FT. 20%
10%
0
0-30 31-60 61-90 90-120 120+
*All figures represent single family residences sold from July 1st to Sept 30th 2019. Century City | Westwood
Century City and Westwood are two of Los Angeles’ busiest districts with high-rise residential towers seamlessly taking vertical living to new heights. From Beverly West to The Century, the area remains the leading condominium high-rise neighborhood in Los Angeles, comprised of buildings unparalleled in luxury. Not only does Wilshire Boulevard connect five of Los Angeles’ major business districts, including Beverly Hills, both Fox and MGM studios are located in a series of skyscrapers, along with many historic Los Angeles hotels and museums. Highly coveted single family residences spend little to no time on the market here.
AVERAGE SALES PRICE / SQ.FT.
1300
1155
1010 865 40 720 LISTINGS SOLD
575 430 98.8% 285 AVG. SALES PRICE AVG. LIST PRICE
140
0
Q3 Q1 Q3 Q1 Q3 Q1 Q3 16 17 17 18 18 19 19 SOLD | 10434 WYTON DR | $3,470,000
DAYS ON MARKET DISTRIBUTION
60% 45 AVG. DAYS ON MARKET 50%
40% $914 30% AVG. SALES PRICE PER SQ.FT. 20%
10%
0
0-30 31-60 61-90 90-120 120+
*All figures represent single family residences sold from July 1st to Sept 30th 2019. Brentwood
A sanctuary for its residents – who vary from high-profile individuals, a¬uent families, and Hollywood’s A-listers – Brentwood maintains a stronghold in Los Angeles culture. Right in the pulse of sophistication and allure, residents and tourists can find the area to be quite commercially driven with their high-end boutiques, trendy restaurants, and utmost privacy. The perfect blend of suburban comforts, rich Hollywood history, a luxurious yet relaxed lifestyle, and a surprisingly hip vibe, Brentwood is now home to sprawling upscale single-family residences with impeccably manicured lawns, the Getty Center, and several trails for healthy living.
AVERAGE SALES PRICE / SQ.FT.
1300
1155
1010 865 58 720 LISTINGS SOLD
575 430 95.9% 285 AVG. SALES PRICE AVG. LIST PRICE
140
0
Q3 Q1 Q3 Q1 Q3 Q1 Q3 16 17 17 18 18 19 19 SOLD | 2232 WESTRIDGE RD | $3,925,000
DAYS ON MARKET DISTRIBUTION
60% 80 AVG. DAYS ON MARKET 50%
40% $1,142 30% AVG. SALES PRICE PER SQ.FT. 20%
10%
0
0-30 31-60 61-90 90-120 120+
*All figures represent single family residences sold from July 1st to Sept 30th 2019. Pacific Palisades
The ultimate hideaway for extraordinary estates and high-end residences, the Pacific Palisades is one of Los Angeles’ highly coveted neighborhoods and best-kept secrets. With views of the ocean, beach access, and close proximity to Santa Monica, Malibu, Brentwood and Topanga, Pacific Palisades is the perfect place to call home. Pacific Palisades is also home to the striking Getty Villa as well as numerous breathtaking parks o¥ering access to some of Los Angeles’ finest hiking trails, including Will Rogers State Park, Topanga Canyon State Park, and more. With 42% of homes being sold within 30 days, the Palisades remain a seller’s dream.
AVERAGE SALES PRICE / SQ.FT.
1300
1155
1010 865 68 720 LISTINGS SOLD
575 430 96.2% 285 AVG. SALES PRICE AVG. LIST PRICE
140
0
Q3 Q1 Q3 Q1 Q3 Q1 Q3 16 17 17 18 18 19 19 SOLD | 921 RIVAS CANYON RD | $8,500,000
DAYS ON MARKET DISTRIBUTION
60% 51 AVG. DAYS ON MARKET 50%
40% $1,124 30% AVG. SALES PRICE PER SQ.FT. 20%
10%
0
0-30 31-60 61-90 90-120 120+
*All figures represent single family residences sold from July 1st to Sept 30th 2019. Santa Monica
Between the iconic seaside, the striking Santa Monica Mountains, and the famous Pacific Coast Highway, the small yet famed port town of Santa Monica is a hub for single professionals, established families, and overall beach enthusiasts. Residents enjoy prime location as they neighbor Silicon Beach which houses tech giants like YouTube, Snap, IMAX, Netflix, and more. Los Angeles’ Westside communities have continued to retain their demand over the years. With nearly 40% of homes being sold within 30 days, and the average sales price per square foot steadily climbing, Santa Monica remains a prime westside market.
AVERAGE SALES PRICE / SQ.FT.
1300
1155
1010 865 51 720 LISTINGS SOLD
575 430 98% 285 AVG. SALES PRICE AVG. LIST PRICE
140
0
Q3 Q1 Q3 Q1 Q3 Q1 Q3 16 17 17 18 18 19 19 p.68 IN ESCROW | 332 25TH ST | $4,299,000
DAYS ON MARKET DISTRIBUTION
60% 56 AVG. DAYS ON MARKET 50%
40% $1,226 30% AVG. SALES PRICE PER SQ.FT. 20%
10%
0
0-30 31-60 61-90 90-120 120+
*All figures represent single family residences sold from July 1st to Sept 30th 2019. p.69 Malibu
Long hailed as a jewel of Southern California’s gorgeous Pacific Coastline, the city of Malibu remains one of the most coveted destinations in Los Angeles. Along with its 21 miles of breathtaking beaches, lush rolling hills, and an exclusive oceanfront lifestyle, this is home to a community that includes some of the wealthiest and most influential people in the region. Malibu features a unique mix of upscale properties including beautifully restored architectural works and award-winning new constructions. In Q3, we saw the average sales price per square foot soar to $2,039.
AVERAGE SALES PRICE / SQ.FT.
1,250
2,000
1,750
1,500 36 1,250 LISTINGS SOLD
1,000 750 87.6% 500 AVG. SALES PRICE AVG. LIST PRICE
250
0
Q3 Q1 Q3 Q1 Q3 Q1 Q3 16 17 17 18 18 19 19 p.70 ACTIVE | 21536 PACIFIC COAST HWY | $23,000,000
DAYS ON MARKET DISTRIBUTION
60% 105 AVG. DAYS ON MARKET 50%
40% $2,039 30% AVG. SALES PRICE PER SQ.FT. 20%
10%
0
0-30 31-60 61-90 90-120 120+
*All figures represent single family residences sold from July 1st to Sept 30th 2019. p.71 Hancock Park
Renowned architects like Frank Lloyd Wright and Wallace Ne¥ built various Period Revival styles (Tudor, English, Spanish, American, etc.) while maintaining not only the upscale character of the community, but its magic. With Beverly Hills and Downtown LA right down Wilshire Boulevard; La Brea, Melrose, Fairfax Avenues, and The Grove nearby; entertainment, jobs, and nightlife are just around the corner. In fact, the average household income of Hancock Park’s residents consistently ranks among the top in the nation, as do its distinguished museums and pockets of culture,
AVERAGE SALES PRICE / SQ.FT.
1300
1155
1010 865 79 720 LISTINGS SOLD
575 430 96.6% 285 AVG. SALES PRICE AVG. LIST PRICE
140
0
Q3 Q1 Q3 Q1 Q3 Q1 Q3 16 17 17 18 18 19 19 p.72 LEASED | 400 S ROSSMORE AVE | $16,000/MO
DAYS ON MARKET DISTRIBUTION
60% 55 AVG. DAYS ON MARKET 50%
40% $763 30% AVG. SALES PRICE PER SQ.FT. 20%
10%
0
0-30 31-60 61-90 90-120 120+
*All figures represent single family residences sold from July 1st to Sept 30th 2019. p.73 West Hollywood
Between the thriving art scene, iconic hotels, famous comedy clubs, fashionable boutiques, and innovative cuisine, West Hollywood, has endless amenities and lifestyle experiences to o¥er its residents. WeHo, as its locally known, is famous for its eccentric fashion retailers along Melrose Ave, and its unparalleled nightlife along Santa Monica Blvd. Continually acknowledged as progressive, diverse, and embracing the influential, West Hollywood is seeing an abundance of contemporary new developments, urban living, and beautiful architectural homes.
AVERAGE SALES PRICE / SQ.FT.
1300
1155
1010 865 27 720 LISTINGS SOLD
575 430 96.6% 285 AVG. SALES PRICE AVG. LIST PRICE
140
0
Q3 Q1 Q3 Q1 Q3 Q1 Q3 16 17 17 18 18 19 19 p.74 ACTIVE | 745 N VISTA ST | $3,395,000
DAYS ON MARKET DISTRIBUTION
60% 48 AVG. DAYS ON MARKET 50%
40% $1,023 30% AVG. SALES PRICE PER SQ.FT. 20%
10%
0
0-30 31-60 61-90 90-120 120+
*All figures represent single family residences sold from July 1st to Sept 30th 2019. p.75 Los Feliz
Los Feliz, like its name suggests, is a happy place to live. Resting just below the southern slopes of Gri¤th Park, the cozy yet a¬uent hamlet exudes an appealing small town vibe. Here, you’ll find tree-lined streets, the Greek Theatre, one of Los Angeles’ most walkable commercial districts known as Los Feliz Village, and some of the most sought after real estate in the world. Now a popular celebrity enclave, Los Feliz features jaw-dropping architectural residences from renowned architects such as Frank Lloyd Wright, Richard Neutra, Wallace Ne¥, Gregory Ain, and R.M. Schindler, attracting creative professionals and Hollywood entertainers alike.
AVERAGE SALES PRICE / SQ.FT.
1300
1155
1010 865 44 720 LISTINGS SOLD
575 430 101.2% 285 AVG. SALES PRICE AVG. LIST PRICE
140
0
Q3 Q1 Q3 Q1 Q3 Q1 Q3 16 17 17 18 18 19 19 p.76 ACTIVE | 4808 BONVUE AVE | $6,495,000
DAYS ON MARKET DISTRIBUTION
60% 52 AVG. DAYS ON MARKET 50%
40% $800 30% AVG. SALES PRICE PER SQ.FT. 20%
10%
0
0-30 31-60 61-90 90-120 120+
*All figures represent single family residences sold from July 1st to Sept 30th 2019. p.77 Sherman Oaks
Cradled in the San Fernando Valley, Sherman Oaks blends warm neighborhood charm with breathtaking views and built-in privacy. Residents can also enjoy all that the Sepulveda Basin Recreation Area has to o¥er varying from multiple golf courses, tennis courts, baseball diamonds, and soccer fields. Enjoying a steady increase in average sales price per square foot over the last three years, this vibrant community has quickly become a hotbed of luxury real estate. The buying frenzy returned to Sherman Oaks in Q3, 199 single family homes sold at 98.7% of their asking price on average with 36% of them selling within 30 days.
AVERAGE SALES PRICE / SQ.FT.
1000
900
700 600 199 500 LISTINGS SOLD
400 300 98.7% 200 AVG. SALES PRICE AVG. LIST PRICE
100
0
Q3 Q1 Q3 Q1 Q3 Q1 Q3 16 17 17 18 18 19 19 p.78 SOLD | 14470 GLORIETTA DR | $1,725,000
DAYS ON MARKET DISTRIBUTION
60% 53 AVG. DAYS ON MARKET 50%
40% $572 30% AVG. SALES PRICE PER SQ.FT. 20%
10%
0
0-30 31-60 61-90 90-120 120+
*All figures represent single family residences sold from July 1st to Sept 30th 2019. p.79 RESNICK & NASH | PATRICK FOGARTY 1155 ANGELO DR BEVERLY HILLS P.O. | $42,750,000 Stephen Resnick & Jonathan Nash Represented the Seller Patrick Fogarty Represented the Buyer ULTRA-LUX | AVG. SALES $/SQ. FT.
1400
1200 1000 $5-10o 800 3 YEARS QUARTERLY Q3 20162019 600
400
AVG. SALES $/ SQ FT SALES AVG. SOLD 200 -0.8%
0
Q3 Q1 Q4 Q1 Q3 Q1 Q3 16 17 17 18 18 19 19
2000
1800
1600
1400
1200
1000 $10-20o 3 YEARS QUARTERLY Q3 20162019 800
600 SOLD 400 +0.9% AVG. SALES $/ SQ FT SALES AVG.
200
0
Q3 Q1 Q4 Q1 Q3 Q1 Q3 16 17 17 18 18 19 19
2600
2275
1950 1625 $20o+ 1300 3 YEARS QUARTERLY Q3 20162019 975
650 SOLD AVG. SALES $/ SQ FT SALES AVG. +15.1% 325
0
Q3 Q1 Q4 Q1 Q3 Q1 Q3 16 17 17 18 18 19 19
*All figures represent single family residences sold from July 1st to Sept 30th 2019. p.81 ONCE UPON A TIME IN... LOS ANGELES STORY BY ANDREW LEDWEDGE
To celebrate the release of Quentin Tarantino’s latest film “Once Upon a Time...in Hollywood,” we’re spotlighting homes that best represent the Los Angeles of the swinging 1960s from the iconic Playboy Mansion to the secluded charm of Nichols Canyon.
In the film, fading TV star Rick Dalton, played by Leonardo DiCaprio, takes pride in the fact that he owns his own piece of Beverly Hills real estate on Cielo Drive and his new neighbors just happen to be Roman Polanski and Sharon Tate. Represented by Je Hyland, President, the site of the legendary 1925 Falcon Lair estate sits just above Cielo Drive overlooking all of Los Angeles.
The actual location used for the exterior shots of Dalton’s home were done in Studio City. The city was named after the CBS Studio Center, formerly a studio lot established in 1927 during the silent era.
Stuntman Cli Booth, played by Brad Pitt, doesn’t quite enjoy the same lavish lifestyle of his best friend and employer Rick Dalton. Cli resides in a small trailer with his pit bull Brandy 11707 LAURELWOOD DR STUDIO CITY | $1,375,000 near the former Van Nuys Drive-In. p.82 ONCE UPON A TIME IN... LOS ANGELES
THE FALCON LAIR 1436 BELLA DR, BEVERLY HILLS | $19,000,000
In real life however, Brad Pitt and Jennifer Anniston resided at The Ridgedale Estate, a grand English Tudor style home with immaculately re-imagined interiors in Beverly Hills, just around the corner from his fictional BFF.
Margot Robbie plays Sharon Tate, a rising star enjoying her new life to the fullest in the City of Angels. In the film we follow Sharon as he catches one of her own movies at the Fox Theatre in Westwood Village, and parties at the Playboy Mansion with film icon Steve McQueen.
In real life, McQueen resided in the secluded neighborhood of Nichols Canyon in the Hollywood Hills and often cruised the winding canyon roads in this 1957 XK-SS Jaguar.
Finally, the film features many “blink and you’ll miss them” shots of various LA landmarks and classic architecture. One such instance is a quick cruise through the Wilshire Corridor.
Built in 1958, the Wilshire Terrace was the first residential tower developed in the Wilshire Corridor. Designed to adapt the “California way of living” to a high-rise. The building was 2760 NICHOLS CANYON RD HOLLYWOOD HILLS | $4,395,000 also the former home of legendary film director Billy Wilder.
p.83 p.84 Saint Laurent Debuts Winter 19 Collection at The Ennis House
STORY BY NADIA WATSON
Directed by Juergen Teller at the legendary Ennis House, the Saint Laurent Winter 19 collection campaign by Anthony Vaccarello features Anja Rubik, Kiki Willems, Freja Beha Erichsen, Vilma Sjoberg, Anna Herrera & Alli.
Represented by Branden and Rayni Williams, The Ennis House is one of the most iconic and important residential properties in the nation. With a glamorous rock ‘n’ roll aesthetic, it is only fitting that a property of this stature served as the backdrop for the French luxury fashion house’s latest launch.
Occupying a majestic Los Feliz hilltop with staggering views from downtown Los Angeles to the Pacific Ocean, this striking estate has undergone years of thoughtful restoration at a cost of nearly $17 million. Both powerful and remarkably livable, brilliantly proportioned rooms flow effortlessly from one to another.
Much like Yves Saint Laurent’s brand and legacy, there are only a handful of residential properties in the world as awe-inspiring as The Ennis House.
See the campaign video at: YouTube.com/HiltonHyland
p.85 Rick Hilton Chairman Jeff Hyland President
Billy Jack Carter Executive Vice President Rosemary Pearson Office Administrator Marilea Peacock Company Controller David Delgado IT Director Sherilyn Segura Excecutive Assistant Ashley Getchman Executive Assistant
Ed Leyson Marketing Director Andrew Ledwedge Creative Director Nadia Watson PR + Social Media Glorioso T. Fajardo Design + Marketing Richard Carrillo Design + Marketing Judith Parker Design + Marketing Joel Delgado Design + Marketing
Sam Loyola Secured Escrow - Escrow Officer Billie Goins Secured Escrow - Escrow Officer
257 N CAÑON DR, BEVERLY HILLS CA 90210
HILTONHYLAND.COM
p.86 Our Agents
Adeena Karsseboom-Fitterman Elena Danielson Michelle Saniei Lally Adi Werthman Eric Hassan Mick Partridge Alexander Ali Felix Pena Moji Zucker Alexandra Bendheim Florence Caraco Monty Beisel Alla Furman Gary Gold Neil McDermott Allison Giannini Gordon MacGeachy Nichelle Robinson Alphonso Lascano Greg La Plant Nick Blatin Amber Cohen Guy Levy Owen Pochman Andrew Buss Heather Boyd Patrick Fogarty Andrew Cohen Helena Deeds Paul Salazar Aneela Zaman Jack Friedkin Preston Gazowsky Anna Marie Simpliciano James Davis Preston Ukra Aouri Makhlouf Jamie Nugent Rachel Etherington Aren Afsharian Jay Brener Harris Rayni Williams Avrille Krom Jennifer Levine Rebecca Edwardson Barbara Duskin Jerome Kerr-Jarrett Richard Maslan Barbara Robinson Jesse Lally Rita Goldsmith Barbara Tenenbaum Jonah Wilson Robby Sutton Basil Starr Jonathan Nash Robert Kass Beate Kessler Joshua T. Greer Rodrigo Iglesias Ben Malka Judy Feder Ron Hilton Benjamin Kruger June Davies Rona Passman Beth Ann Green Justin Friedlander Rory Dorsey Bill Simpson Justin P. Huchel Roxane Almeida Billy Dolan Kathy Douglas Roya Sklar Bjorn Farrugia Keeley Smith Sally Shim Bozana Cavar Kevin Anderson Seidahl Hakimi Branden Williams Kris Zacuto Skylar Saca Brett Lawyer Ladae Bond Stephen Resnick Brick Williams Ladd Jackson Steve Levine Brooke Kaufman Halsband Laura Kalb Steven Medina Camille Anderson Laurent Mamann Slater Stuart Vetterick Carol Whitley Lawrence Fitz-Simon Susan Pekich Chad Rogers Leonard Rabinowitz Susan Perryman Chaya Van Essen Linda May Susan Simmons Chris Evangelatos Lisa Gild Susan Smith Chris Mara Lori Doherty Suzann Brent Christina Collins Lynne Langdon Tenny Kilmore David Konheim Manuela Villa Thomas Glabman David Kramer Marcie Hartley Tiffany Hu David Yocum Marko Lukich Todd Simons Debra Dresner Matthew Chavez Trevor Wright Denise Moreno Matthew Perrye Trista Rullan Diana Fields Matthew Schwartz Vania Stepani Dimitri Velis Megan Gallivan Wayne Pridgen Donovan Healey Mia Trudeau Zach Gaon Drew Fenton Michelle Barrett Zach Goldsmith Dustin Cumming Michelle Crane Ziv Gabay
p.87 257 N CAÑON DR, BEVERLY HILLS CA 90210
©2019 Hilton & Hyland Real Estate, Inc. Market statistics based on sales recorded in the Multiple Listing Service from July 1st, 2019 to Sept 30th, 2019. The accuracy of all information, regardless of source, including but not limited to square footage and lot sizes, is deemed reliable but is not guaranteed and should be independently verified. All prices reflect actual sales prices per the Multiple Listing Service, unless the property was sold o- market, in which case the list price may be represented. All Market Data refers to Single Family Residences. An Equal Opportunity Company. DRE 01160681