About This Condo in Los Angeles, CA
This 5 bedroom, 5 bathroom condo is located in Los Angeles, CA. The property spans 4,127 square feet of living space. The property sold for $1,525,000, placing it in the luxury segment of the market.
Marlon Wayan's home. The actor, producer, comedian, writer, and director of movies, owns this home. He is known for usually teaming with his brother Shawn Wayans, in movies such as "Scary Movie", "Scary Movie 2", "White Chicks", "Little Man", and the dance parody film, "Dance Flick". He purchased the 5-bed, 5-bath, 4,127 sq ft residence in October of 2006 for $1.525M, according to public records. Another property he owns in the area is also featured on this site. He also owns a condo in the Broadway Hollywood building.
Real Estate in Los Angeles, CA
California is one of the most expensive real estate markets in the United States, driven by high demand in coastal cities like Los Angeles, San Francisco, and San Diego. Limited land for development, strict zoning regulations, desirable weather, and a concentration of high-paying technology and entertainment jobs create persistent upward pressure on prices. The state offers diverse property types from beachfront homes and hillside estates to Central Valley farmhouses, with internal price variation that is among the largest of any state.
What Determines Value in the Luxury Segment
In the luxury price range where this condo in Los Angeles sits, buyers are typically weighing a specific set of trade-offs. Luxury buyers tend to place greater weight on privacy, unique architectural features, lot quality, and the prestige of the specific address within a neighborhood. Luxury markets can be more sensitive to broader economic conditions and tend to have longer average days on market than mid-range properties.
Properties like this condo in Los Angeles are part of the Housle game database, where players compare real home prices from across America. Understanding what makes each home worth what it sold for — the location within its market, the specific features, the year it was built, and the condition at time of sale — is exactly the kind of knowledge that Housle builds through repeated exposure to real listings.
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