Developer prices ultra-luxury L.A. condos up to $50 million

By Marcie Geffner - NewHomeSource.com

Luxury condominiums aren’t rare in Los Angeles. But the city is about to get one especially expensive condo, a 12,000-square-foot penthouse with an asking price of $50 million.

The condo is part of the Four Seasons Private Residences, a 12-story, 59-unit project being built adjacent to Beverly Hills. Condos are priced from $2.5 million to $3.8 million, townhomes from $4 million to $7 million and tower units from $5.9 million to $17 million.

The developer, Genton Property Group in West Hollywood, Calif., broke ground in October 2015 and expects to open in 2017.

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