Los Angeles is topping off—pouring on penthouses like a third glass of exquisite champagne. Cheers to developers who are raising the glass (and the ante) to exploit 360-degree vistas within the City of Angels. There’s ample cause for celebration here, especially if you land one of these posh perches.
How rare is the air up there? Los Angeles is expansive, and its promising downtown is still comparatively small, which means penthouse views are virtually priceless and perhaps a better value than other major cities.
L.A. panoramas are unique—mountains, hills, downtown, the Sunset Strip glow, and the sunsets over the Pacific Ocean horizon. Here are four penthouse collections recently on the market (some downtown, one in Hollywood, one for rent)—pulling back Tinseltown’s panoramic curtain.
The Penthouse Collection (Metropolis Los Angeles)
Courtesy of Million Dollar Listing Los Angeles’ James Harris and David Parnes, and The Agency Development Group comes The Penthouse Collection—eight rare downtown two-story penthouses designed with contemporary finishes, expansive floor plans and floor-to-ceiling windows. Situated atop Tower 1 in Metropolis Los Angeles, this collection features four three-bedroom and four two-bedroom residences ranging from $2.19 million to $6.39 million (and from 1,735 square feet and 3,354 square feet).
“These penthouses will raise the bar of luxury living in Downtown Los Angeles,” says Harris.
Listed at $6.39 million, Penthouse 3906 is Tower 1’s crown jewel, spanning 3,500 square feet on the 39th floor. Imagined by interior design firm Mitchell Gold + Bob Williams, Penthouse 3906 is a corner penthouse with a wrap-around Great Room vistas, three bedrooms, a corner master suite with spa bath and walk-in closet, and a chef kitchen with center island.
The residence’s design palette of shimmery grays, silvers, neutral tones and textures complement the opulent essence of Metropolis. The home includes solid oak floors, power window shades, wine fridges, and high-end appliances and smart technology such as Nest Learning Thermostats. First floor living areas are designed for entertaining in contrast to more private sleeping areas upstairs.
Developed by Greenland USA, Metropolis Los Angeles is a residential, resort and retail destination billed as the largest mixed-use development in the western United States. The project, a major part of downtown L.A.’s resurgence, is expected to be a millennial magnet. The complex boasts three residential towers, boutique Hotel Indigo and 70,000 square feet of retail space, spanning more than 6.3 acres in the downtown central business district (located near L.A. Live, Staples Center and the Financial District).
Tower 2 tops off this fall with studios, one-bedroom and two-bedroom residences (up to 1,431 square feet, starting at $600,000) as well as amenities designed to attract millennial buyers—24-hour lobby and concierge, a resident clubhouse, resort-style pool with Jacuzzi spa, cabanas and lounge, a sky park with fire pit seating, outdoor barbecue, game rooms, screening room, wellness garden, fitness/yoga studio, and a dog park with bathing station.
Ian Shrager & Edition Hotels
The Residences at The West Hollywood Edition unveiled a pair of extravagant penthouses on the top floor above Edition Hotel, courtesy of Ian Schrager and designer architect John Pawson. On the edge of Beverly Hills, the two single-story penthouses are framed by spacious interiors and floor-to-ceiling window views of the L.A. skyline spanning the Hollywood Hills, downtown Los Angeles and the Pacific Ocean.
The penthouses feature four bedrooms, four-and-a-half bathrooms and sprawling 900-square-foot private open-air terraces for indoor-outdoor living. Penthouse A covers 6,415 square feet while Penthouse B spans 3,848 square feet.
Under Schrager’s and Pawson’s creative direction, streamlined interior spaces are inspired by the warm climate, golden light and unique spirit of Los Angeles whose panoramic pulse beats high above Sunset Boulevard and North Doheny Drive. Penthouse residences will start from approximately $15 million.
Fine touches include white-oiled oak flooring, pristine Molteni kitchens, custom teak millwork, a freestanding 1,200-pound concrete bathtub in the master bathroom and custom hardware and lighting throughout—a glow unmistakably reminiscent of the scenic Hollywood Hills.
Developed by Witkoff (in partnership with New Valley), The Residences at The West Hollywood Edition offer premier hotel services, social venues and curated amenities such as a private residential lobby, a trellis-shaded garden restaurant, and a landscaped rooftop pool, bar and terrace with sunset views of Los Angeles.
A full-service spa, a fitness center, valet parking, and in-residence dining are among conveniences available to both residents and hotel guests.
Level Furnished Living Los Angeles
Level Los Angeles is a symbol of downtown’s high-rise hipness, even as a favorite filming location for The Bachelor and The Bachelorette. The Onni Group’s luxury apartment-boutique hotel hybrid (nicknamed Level DTLA) just listed the most expensive luxury penthouse rental in Los Angeles—an 18,000-square-foot, two-story residence for $75,000 per month.
Level Penthouse sits atop the 34th and 35th floors of this Art Deco-façade skyscraper, a pinnacle four-bedroom, 10-bathroom residence with 8,000-square feet of outdoor living space and 13-foot-tall, floor-to-ceiling windows framing 360-degree views of Los Angeles. The fully-furnished residence includes a 480-square-foot master bedroom walk-in closet, two formal dining rooms, oversized living room, family room, lounge, and (incredibly) four separate kitchens. Bon appétit.
1050 Grand Avenue
Penthouse 6 and Penthouse 5 are two recently listed downtown residences atop Ten50’s luxury roost, displaying vertical city and mountain views via floor-ceiling window walls. Penthouse 6 (listed for $2.1 million) features two bedrooms and three bathrooms over 2,273 square feet while Penthouse 5 ($1.99 million), also two bedrooms and three bathrooms, spans 2,268 square feet.
The penthouses boast open floor plans, marble countertop kitchens, walk-in closets, and high-end amenities. The luxury property is flanked by entertaining lifestyle spaces (with cityscape views)—a 13,000-square-foot indoor-outdoor lounge that flows from the resort-style pool to the therapeutic yoga garden to the pool deck and dining areas. These lifestyle amenities include green spaces, barbecues, fireplaces, cabanas, a private screening room and “the country’s first air-ready drone landing pad.” That’s so millennial.
Located in the emerging South Park neighborhood, the complex offers privacy and security near the Arts District, The Broad, and city shopping and dining. Open houses are scheduled for these penthouses from 2 pm to 5 pm on June 9th and 10th. The Agency’s Kevin Dees has the listings.
