Century City is a 176-acre Westside business district and residential enclave about 10 miles west of downtown LA, built on the former 20th Century Fox studio backlot starting in 1963. High-rise, high-income, and among the most expensive real estate in Los Angeles.
Small, high-income, and older than most LA neighborhoods — Century City has one of the highest shares of residents 65 and older of any neighborhood in Los Angeles County, alongside some of the highest per-capita income in the region.
One of LA's most prominent employment centers — major law firms, entertainment and media companies, and financial services fill Century City's office towers. Westfield Century City is a major retail anchor.
Metro's D Line (Purple Line) extension is bringing a new subway station directly to Century City — Century City/Constellation — expected to open in 2027, part of the extension through Miracle Mile, Beverly Hills, Century City, and Westwood.
LAUSD; Century City itself is primarily commercial and high-rise residential rather than a family-school-district draw the way adjacent Westwood or West LA are.
The Westfield Century City shopping center. The Century Plaza (the 1966 hotel designed by Minoru Yamasaki, later redeveloped). The former ABC Entertainment Center site. Century City sits on the land that was 20th Century Fox's studio backlot, itself once the ranch of cowboy actor Tom Mix.
Primarily a dense, high-rise commercial and residential district with limited traditional park space; residents typically use adjacent Westwood and Beverly Hills area recreation.
Westfield Century City anchors the district's retail and dining, with a business-district character during the day that shifts toward its luxury residential towers in the evening.
Developed starting in 1963 on the sold-off backlot of 20th Century Fox studios — the district's name partly derives from the studio. The Century Plaza Hotel's 1966 opening, designed by architect Minoru Yamasaki, marked the district's arrival as a business and cultural hub, and Century City grew through the late 1960s and 1970s into one of LA's premier commercial districts.
Century City is a different kind of Westside asset than Santa Monica or West LA — smaller multifamily footprint, dominated by high-rise commercial and luxury residential, and genuinely scarce multifamily transaction volume. The one building I've closed here, in 2014, traded at $495K per unit — high-value, low-volume, exactly what you'd expect from a submarket this dense and this expensive.
Michael Sterman will walk through comparables, buyer pool, and timing specific to your building — no obligation, no pitch.
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