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Super Hip Condo Taking a Loss in the Hollywood Versailles Tower

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"Like a chic hotel suite," the listing says about this condo in the Hollywood Versailles Tower, and yep, we'd sign off on either that description or "one Bertoia Diamond chair short of a mid-century modern showroom." Staging aside, the unit is on a corner of the fifth floor of the building and has one bedroom, two bathrooms, and sliding walls for rearranging the space. The Hollywood Versailles has 122 units; its crazy-high HOAs ($791.17 for this unit) include gym, pool, and valet parking. The sellers are taking a hit on the sale--they bought the condo in 2007 for $755,000 and are now asking $535,000.
· 7135 HOLLYWOOD #502 [Redfin]