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New To Market: Ritz Carlton Residences & Their HOAs

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2009-05-ritzPerhaps this is one of the units that lost a buyer due to finish contingencies in their contracts? We haven't seen many units from the Ritz Carlton Residences at LA Live listed on the MLS. It looks like developer AEG has stuck to its promise not to drop prices on Ritz Carlton units. The listing for this two bedroom, two bath notes the building's amenities include "a dedicated concierge, sky lobby, private lounge, multi-media screening room, spa & fitness centers, rooftop swimming pool and spa, landscaped sky terrace, exclusive boardroom, valet parking, world-class culinary restaurants, and all the unrivaled hotel services of The Ritz Carlton." The 1,925 square foot unit is listed at $2.809 million, or $1,459 per square foot. There are a handful of other units listed; overall, homeowner association dues range from about $2,500 to nearly $3,000 a month. [MLS]


800 West Olympic Boulevard, Los Angeles, CA 90015 Visit Website