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High life in Century City

REAL ESTATE
HOME OF THE WEEK

October 05, 2008|Diane Wedner, Times Staff Writer

It just may be possible to move on up -- and down -- at the same time.

Century City, which used to appeal to a stodgier crowd, has transformed into a hip haven for singles and couples with money. Empty-nesters also are heading there to downsize into high-end -- and high-rise -- buildings. Candy Spelling, for example, is moving down from her 123-room, 56,500-square-foot Holmby Hills mansion to a 16,500-square-foot, $47-million condo in the Century, a building going up next door to the Century Plaza Hotel on Avenue of the Stars.


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A stone's throw away, this completely remodeled condo is available in one of the Century Towers designed by I.M. Pei in 1964. The famed architect is known for, among numerous structures, the East Building of the National Gallery of Art in Washington and the Creative Artists Agency building in Beverly Hills (the agency has moved, coincidentally, to Century City).

The twin 28-story Century Towers provide concierge service, valet parking, a swimming pool, tennis courts, a gym, a library and 24-hour security. They're within walking distance to upscale shopping and restaurants.

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diane.wedner@latimes.com

To submit a candidate for Home of the Week, send high-resolution color photos with caption and credit information on a CD and a detailed description of the house to Diane Wedner, Real Estate, Los Angeles Times, 202 W. 1st St., L.A., CA 90012. Questions may be sent to homeoftheweek@latimes.com.

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BEGIN TEXT OF INFOBOX

A '60s condo gets an updateLocation: Century City

Asking price: $1,695,000

Previously sold: April 1, 2008, for $1.051 million

Size: Two bedrooms and two bathrooms in 1,630 square feet

About this condo: Designer Nicole Sassaman had her work cut out for her when she purchased the condo this year. The "very '60s" unit was "darker than it needed to be and was a rat's maze." She gutted it and expanded the space by enclosing the three balconies and putting in floor-to-ceiling glass. That expansion brought the impressive views of Century City closer. She also converted hallway space into walk-in closets and enlarged the bathrooms. Homeowner association dues for this unit are $1,186 a month.

Additional features: The condo has a living room, a master suite with a walk-in closet and sitting area, a glass-tiled shower, custom cabinetry, concealed washer-dryer units and white oak floors, stained charcoal gray. The Viking professional kitchen has poured-concrete counters; Walker Zanger quartz stone; and suspended shelves on one wall, instead of solid cabinets.

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