City issues $3.2M permit to remodel one condo at The Century

LADBS issued a $3.2 million permit on Oct. 22 for an interior remodel of a single condo unit at The Century, the Related Companies tower at 1 W Century Dr in Century City.

For contractors who work Westside high-rises, it is a reminder that one luxury unit can carry the budget of a small new building.

Why it matters

New multifamily starts across Los Angeles have slowed, with some developers pushing projects out to 2029, as we reported in October. High-end interior work inside existing towers keeps clearing plan check anyway. Permit 26016-10000-21012 covers Unit 10A and describes the job as an interior remodel to an existing condo unit. The city’s dataset lists no owner, contractor or architect for the work, and we do not name individual condo owners.

The numbers

The declared valuation is $3.2 million. That is the job value declared to the city for the work, not a sale price or a loan. LADBS received the filing on Aug. 14 and issued the permit on Oct. 22, 69 days later, through regular plan check. The permit is classed Bldg-Alter/Repair with an apartment subtype, on a condo multifamily use code. The parcel is zoned C2-2-O and sits in Council District 5.

For scale, the ground-up apartment filing at 4135 Wilshire Blvd carries a $27.6 million valuation, about eight and a half times this single unit.

What’s next

With the permit issued, the next records to watch are inspections and a final sign-off. The American Developer will track the dataset for both, and for any building-wide filings at The Century that would point to a larger renovation program. A second Westside permit issued the same day covers a 34-unit apartment project in Westwood. More filings are tracked on our Los Angeles page.