Los Angeles Penthouses

Los Angeles Penthouse

Penthouses came on to the American housing scene during the Roaring Twenties. They've been synonymous with grandeur and luxury living ever since. They are a good match for people who love a sophisticated urban lifestyle and living close to the action where restaurants and entertainment venues are never far away.

Luxury penthouses in Los Angeles have jetliner views from Downtown Los Angeles to the Pacific Ocean. Their residents enjoy every sunrise and sunset along with vistas of the Santa Monica and San Gabriel Mountains. Be sure to register for a free account so that you can receive email alerts whenever new Penthouse properties come on the market.

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Los Angeles Penthouse Market Statistics
November 17, 2018
192
Listed
59
Avg. DOM
$916.60
Avg. $ / Sq.Ft.
$1,181,500
Med. List Price
192 Properties Found. Showing 1-12
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Luxury Penthouses

Penthouses in L.A. command a 5 to 10 percent premium over other luxury apartments. In return for that higher price, you'll get a home that sits atop a building, set back from the outer walls. You won't have to deal with upstairs neighbors, so there will be no noises coming from above. Plus, you'll be farther from the street. It's a quieter, more refined way to live.

Some units have private elevators that will take zoom you home after a long day of work or play. Maybe that's why penthouses have been an ever-popular favorite of celebrities, pro athletes, and financiers. You'll never have to mow the lawn or clean the gutters again. You've arrived.

Penthouse Features

Penthouses have refined living spaces and use the 'best of the best' construction materials and craftsmanship. Floors will be made of natural wood, not prefab or composite materials. Or, designer-grade carpet, stone, or concrete may be used. Same goes for the quality of the kitchen countertops.

Speaking of kitchens, you can expect top-of-the-line appliances like La Cornue, Viking, Subzero / Wolf, Thermador, Gaggenau, or Miele, to name a few. The workspaces would make a Michelin star chef feel right at home.

Penthouses have private outdoor terraces perfect for entertaining. Here's an extra perk of buying a penthouse in Los Angeles: you won't have to deal with any snow accumulating on your deck, which is otherwise very hard to remove in colder metropolitan areas (you can't just push it over the side of the railing).

Interiors feel spacious, especially in units with vaulted ceilings. With no one living next door, windows let in plenty of light. Expect newer or renovated penthouses to include some level of home automation (smart homes). You'll be able to control heating and cooling systems remotely. In fact, the same goes for appliances.

The condominium building atop which a penthouse sits may have 24-hour security and amenities like concierge services, a valet, gym, pool, spa, rec room, and tennis courts.

Tips for Buying a Penthouse in Los Angeles

Prepare Your Financial Documents

Privacy and security, for both buyers and sellers, is paramount in the Los Angeles luxury real estate market.

Regarding privacy, sellers will require that all potential luxury penthouse buyers demonstrate their financial ability to buy the property before taking a tour of it. This ensures that the owner's doors are only opened for serious parties. If you are paying cash, sellers will expect a prepared financial statement from your accountant or lawyer. If you are financing the deal, having your loan pre-approval documents on-hand will be key. In fact, the odds of viewing a penthouse for sale without an established and well-documented financial profile will be very low.

For security, the listing broker or a representative from the listing brokerage will often be present during the showing.

Penthouse Search

When you click a penthouse listing above, you'll get a detailed summary of the property, including photographs. The listing overview includes interior features like the number of bedrooms and bathrooms, size (in square feet), and other important details such as:

  • Number of Days on Market (DOM)
  • HOA fees
  • Year of construction
  • MLS Number

When available, neighborhood information will be included along with local schools and similar properties for sale nearby. If you're buying a penthouse, our full-service Realtors are at-the-ready to assist you. If you're selling a penthouse in the Los Angeles area, our listing agents will provide current market data, comparison properties (comps), and a highly-tailored marketing plan to make sure you get the best price for your property.