Here’s a plight everyone should have: how to downsize from a 123-room, 56,500-square-foot mansion on six acres in the Holmby Hills section of Los Angeles?
The Los Angeles Times reports the answer is to spend $47 million for a two-story penthouse condo with just 16,500 square feet and a fab 360-degree view of Los Angeles -- smog, ocean, smog, mountains and miles of buildings that can light the dark at night as long as the power stays on.
The price per square foot is $2,848. Exorbitant? Not so. Manhattan has the record. A 6,300-square-feet unit in the former Plaza Hotel just sold for $24.4 million -- $1,000-per-square-foot more.
The LA condo won’t be ready until sometime next year for the new owner Candy Spelling, wife of the late Aaron Spelling and mother of actress/celeb Tori Spelling. Building developer The Related Cos. of Manhattan said Candy Spelling would work with her own architects and designers to customize her space on the 41st and 42nd floors of the Century in Century City, Calif.
Ah yes, personalizing and customizing is so important when there is room for the population of a small country in the abode.