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MARKET OVERVIEW CURRENTLY SELLING SOLD OUT ABOUT POLARIS PACIFIC<br />
PAGE 19<br />
WESTSIDE<br />
THE SEYCHELLE<br />
1755 OCEAN AVE<br />
DESCRIPTION<br />
The Seychelle, designed by Clodagh Design International, features<br />
93 condominiums in Santa Monica along Ocean Avenue. The<br />
property boasts views of the Santa Monica Mountains and the<br />
Pacific Ocean.<br />
AMENITIES<br />
• Concierge services<br />
• Third-fl oor landscaped terrace<br />
• Rooftop pool & jacuzzi<br />
• Fitness center, yoga studio<br />
• Pet spa<br />
CURRENT STATUS<br />
Date on <strong>Market</strong>: Jan ‘14<br />
Sold Out Date: May ‘16<br />
In Contract: 0<br />
Closed: 93<br />
Avg. Monthly Absorption: 3.3 Units<br />
PROJECT INFORMATION<br />
Developer: The Related Company<br />
Submarket: Santa Monica<br />
Number of Homes: 93<br />
HOA: $1,325 - $2,470<br />
FINISHES<br />
• Bleached-oak fl ooring<br />
• Floor-to-ceiling windows<br />
• Polished Sea Pearl quartzite<br />
countertops<br />
• Custom oak cabinetry<br />
• Watermark single-lever faucets<br />
• Thermador appliances<br />
• Zuma bath & glass enclosed shower<br />
UNIT MIX & LIST PRICE SUMMARY<br />
TYPE #UNITS SIZE SF PRICE RANGES PRICE P.S.F.<br />
1-BED 849 - 1,054 $915,000 - $1,400,000 $1,078 - $1,328<br />
2-BED 1,491 - 1,737 $2,170,000 - $5,175,000 $1,455 - $2,979<br />
3-BED 1,995 - 3,340 $3,600,000 - $7,995,000 $1,805 - $2,394<br />
CLOSED NEW SALES SUMMARY<br />
TYPE #SALES AVG SF PRICE RANGES AVG PRICE PRICE P.S.F. AVG P.S.F<br />
- - - - - - -<br />
LOS ANGELES MARKET REPORT, MAY 2016
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