This $50 Million Penthouse is the Most Expensive in Los Angeles

The 940-square-meter apartment spans the entire 39th floor of The Century tower...

Currently the most expensive apartment available on the open market in Los Angeles, occupying the entire 39th floor of The Century tower designed by Robert A.M. Stern in Century City, aims to break the current record for the highest amount ever paid for an apartment in Los Angeles. Reportedly, Candy Spelling paid $34.8 million for her huge duplex penthouse in 2010, and the apartment in question aims to break that record.

Listed at fifty million dollars, the nearly 1000-square-meter penthouse is a true gem with unobstructed views of the city skyline, from the Hollywood sign to the Pacific Ocean. According to reports, the apartment contains three spacious bedrooms and three bathrooms, along with four additional toilets. With monthly maintenance costs exceeding $9,000, this penthouse also boasts a private 120-square-meter office, a 59-square-meter guest or staff studio, a poolside loggia, and four private parking spaces in the valet-serviced garage.

According to tax authorities, the penthouse seller is Vicky Walters, whose late husband, Raul Walters, built and financed the first Walmart stores. Apparently, she hopes to double the $22.5 million that she initially spent on this apartment in 2015, as per official documents.

Since the apartment was bought as a raw space, she decorated and equipped it in collaboration with Matthew Boland of MMB Studio, in a style definitely characterized by cosmopolitan decadence. Among the customized elements, there is an HVAC system that maintains the apartment's temperature, while the ceiling in the hallway is adorned with 22-karat gold leaf, along with Lalique light installations.

In the Makassar wood-paneled living room, two 3.3-meter projector screens descend from the ceiling, and a wall of illuminated onyx behind the wet bar has a special, modular sliding element that hides a TV screen. The dining room, large enough to accommodate two large tables, is characterized by floor-to-ceiling windows and extends all the way to a terrace adorned with olive trees, while the kitchen features a massive island, along with a range of Miele professional appliances.

The master bedroom is a luxurious place for rest with a seating area showcasing a massive Verner Panton Capiz shell chandelier and special lace and cashmere curtains. Other luxurious elements within the spacious main suite include a private dining area, an onyx bathroom, and a spacious wardrobe with bulky mirrors. A built-in shampoo chair means you never have to go to the beauty salon.

Residents of The Century building, among whom were the late Matthew Perry, Rihanna, Denzel Washington, Paula Abdul, and restaurateur Nobu Matsuhisa, pay high common charges for a long list of amenities. In addition to a staffed lobby and valet service, private spa and fitness room, there is private wine storage, a projection room, a private dining room, a resort-style pool, and several acres of manicured gardens. The building has guarded entrance gates and regular patrols for added security.

Walters had another home in Los Angeles for about 25 years, a magnificent estate in Beverly Hills previously owned by Cher and later Eddie Murphy. Walters put the 5.4-acre estate on the market for about three years starting in 2016, with initial prices starting from a high of $85 million and falling to a low of $48 million, but she took it off the market before starting an extensive renovation."

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