A county record at $3,852 per square foot in March. A round of price cuts in June. The complete buyer's guide to 9200 Wilshire, updated with the new numbers.
The remaining penthouse at 9200 Wilshire Boulevard just became a million dollars less expensive. In June 2026, Penthouse 1 East moved from $14.5 million to $13.5 million. Two more residences were reduced the same week: 502E, a corner three-bedroom, from $9,995,000 to $8.75 million, and 505W, a south-facing two-bedroom, from $4.75 million to $4.55 million.
What makes the cuts notable is the timing. They arrive three months after Penthouse 1 West closed at $13.25 million, or $3,852 per square foot, the highest price-per-square-foot condo sale recorded in Los Angeles County in 2026. Most buildings reduce prices from weakness. This one just lowered its asks from strength.
Debbie Pisaro has covered this building since the Centurion repositioning began. This guide carries the complete picture as of June 12, 2026: the new pricing, the record sale, the design story, the fees, and the comparison set.
What should buyers know about the Mandarin Oriental Residences in Beverly Hills?
The Mandarin Oriental Residences Beverly Hills is a 44-unit branded condominium building at 9200 Wilshire Boulevard in Beverly Hills, California, with interiors by 1508 London, hotel-level service from Mandarin Oriental, one-bedrooms from $2.6 million, a penthouse asking $13.5 million, and a March 2026 sale that set the Los Angeles County condo record at $3,852 per square foot.
The building is managed by Centurion Real Estate Partners, which acquired the residences in September 2024 after the original developer group defaulted on a $200 million loan, then repriced every unit roughly 20 percent below the original ask. The June 2026 reductions extend that value story. Debbie tracks each Los Angeles branded residence individually, and the Mandarin Oriental currently offers the most competitive entry point among the Beverly Hills projects, a set that includes Aman Beverly Hills, Rosewood Residences Beverly Hills, 8899 Beverly, and Sun Rose West Hollywood.
What changed at the Mandarin Oriental in June 2026?
Three residences at the Mandarin Oriental Beverly Hills took price reductions in June 2026: Penthouse 1 East from $14.5 million to $13.5 million, Residence 502E from $9,995,000 to $8.75 million, and Residence 505W from $4.75 million to $4.55 million, cuts of roughly 7, 12.5, and 4 percent.
The per-square-foot math is where the reductions get interesting. Residence 502E, a 3,033-square-foot corner three-bedroom with Hollywood Hills views, now asks $2,885 per square foot in a building whose record comp is $3,852. Residence 505W, a 2,111-square-foot two-bedroom, asks $2,155 per square foot, among the lowest per-square-foot entries to a full-service branded building in Beverly Hills.
The June cuts did not follow a failed sale. They followed a record one. An operator lowering asks three months after setting a county record is pricing to close, not pricing to rescue.
How did a loan default turn into a county record?
The Mandarin Oriental Residences reached a county record because Centurion Real Estate Partners acquired the 44 units in September 2024, after the original developer group defaulted on a $200 million loan, repriced everything roughly 20 percent lower, and relaunched sales with Compass. Less than two years later, Penthouse 1 West closed at $3,852 per square foot.
The building was originally developed by an investor group led by Michael Shvo. When that group defaulted, Centurion reset pricing across the board, bringing a one-bedroom to $2.6 million and a three-bedroom to $7.3 million, and relaunched sales with Compass as exclusive brokerage. The March closing put the building in rare company: only 48 condo sales in Los Angeles history have crossed $13 million. For the company that sale keeps, see Debbie's survey of the most expensive homes in Beverly Hills.
What do the residences look like inside?
Every residence at the Mandarin Oriental Beverly Hills was designed by 1508 London, with floor-to-ceiling Vitrocsa windows, custom Molteni & C kitchens with Miele appliances, leathered Taj Mahal quartzite surfaces, and radiant heated marble floors in the bathrooms. Several residences add an interior jade garden designed by landscape architect Enzo Enea.
Vitrocsa frames are among the slimmest manufactured anywhere, which maximizes light and keeps the views across Beverly Hills, Century City, and the Hollywood Hills unobstructed. Corner primary suites carry five-fixture baths and generous walk-in closets. This is also Mandarin Oriental's first residential-only project on the U.S. West Coast: the brand's full hospitality infrastructure serves residents exclusively, with no hotel lobby to share and no tourists in the elevator.
Building amenities
- Rooftop pool and lounge overlooking Beverly Hills and Century City
- Full-service spa with steam, sauna, and private treatment rooms
- Technogym-equipped fitness center with outdoor terrace
- Private boardroom and fireplace lounge
- 24-hour concierge, valet, and security
- In-residence dining and housekeeping through Mandarin Oriental
- Gardens by Enzo Enea, planted with citrus, lavender, rosemary, and sage
The penthouses
Two penthouses crown the building, each occupying a half floor with roughly 3,440 square feet of interior space, a wraparound terrace, and a private roof deck equipped for an outdoor kitchen. Penthouse 1 West, the record setter, closed in March 2026 at $13.25 million. Penthouse 1 East, its three-bedroom, four-bath twin, now asks $13.5 million after the June reduction, with views that run from the Hollywood sign to downtown Los Angeles and out to the Santa Ana mountains. Monthly dues on PH1E are $11,628.
The entry sequence is the signature moment: a foyer built around Enzo Enea's interior jade garden, opening into an oversized great room and a bespoke Molteni & C kitchen. The calculus for buyers is unusual: the remaining penthouse asks just $250,000 more than what an identical floor plan closed for three months ago, in the same building, on the books as a county record.
How much does a condo at the Mandarin Oriental Beverly Hills cost in 2026?
As of June 2026, one-bedroom residences at the Mandarin Oriental Beverly Hills start at $2.6 million, two-bedrooms at $4.55 million, three-bedrooms at $7.3 million, and Penthouse 1 East asks $13.5 million. Monthly HOA dues on current listings run from $5,641 to $11,628 depending on residence size.
Those numbers carry two discounts: the Centurion repricing, roughly 20 percent below the original developer pricing, and the June 2026 reductions, which widened the gap on three of the listed residences. Buyers entering now are purchasing below both the original pricing and the spring 2026 asks, with a record-setting comparable already on the books to support future valuations.
How does the Mandarin Oriental compare to Aman, Rosewood, and 8899 Beverly?
The Mandarin Oriental is the value position among Beverly Hills branded residences: a lower entry point than Aman Beverly Hills, more inventory than Rosewood's 17 estates, hotel services that 8899 Beverly's architect-branded model does not offer, and immediate occupancy, which the pre-construction projects cannot match.
Aman sits at the top of the market, with residences starting above $20 million when the project delivers in late 2027 as part of One Beverly Hills. The Mandarin Oriental occupies a different position: an established global hospitality name, a move-in-ready home, and a value story a buyer can verify against closed comps.
8899 Beverly is the architectural counterpoint. Tom Kundig transformed a 1964 Richard Dorman structure into the tallest residential tower in West Hollywood, and its penthouse set the 2026 county record for total price at $23 million. The two buildings split the same buyer along sensibility: hotel-level service at the Mandarin Oriental, architectural pedigree at 8899. Rosewood is the boutique play at just 17 estates. Sun Rose, the former Pendry on the Sunset Strip, is down to its final 11 homes. For buyers who would rather trade city polish for coastline, Privé Malibu extends the product type to the coast. Debbie maintains individual guides to each project in her Branded Residences Collection.
Where is 9200 Wilshire?
The Mandarin Oriental Residences sit at 9200 Wilshire Boulevard, the corner of Wilshire and Maple Drive, the eastern gateway to Beverly Hills, within walking distance of Rodeo Drive, the Beverly Wilshire, and the restaurants along Canon and Beverly Drives.
The Wilshire corridor has long been the spine of Los Angeles condo living, and the Mandarin Oriental, alongside the One Beverly Hills development rising at the former Robinsons-May site, is repositioning this stretch as a residential destination on par with the best of New York, Miami, and London.
What should buyers know before purchasing?
Branded residences carry higher monthly fees than comparable unbranded condos, follow different resale dynamics, and reward buyers who underwrite the operator as carefully as the brand. At the Mandarin Oriental, HOA dues on current listings run $5,641 to $11,628 per month, and the building's record comp supports the long-term resale case.
The fee structure deserves real underwriting. Hotel-grade service has a cost, and it is reflected in the dues: $5,641.23 per month on the two-bedroom 505W, $7,547.59 on the three-bedroom 502E, and $11,628 on the penthouse. Debbie tracks every Mandarin Oriental listing individually, and those figures come directly from the June 2026 MLS data rather than from marketing materials.
The operator matters as much as the brand. The Mandarin Oriental name held its integrity through a developer default, a bulk acquisition, and a full repositioning. Not every branded project can say the same.
Resale follows different rules. Branded residences typically command a 25 to 35 percent premium over comparable unbranded luxury condos in the same market, and the $3,852 per square foot record, achieved after the repricing, shows the premium held through a change of ownership and operator. Debbie's analyses of whether branded residences are worth it in Los Angeles and how branded residences resell in California cover the premium in detail.
Know which buyer you are. Much of the interest in this building comes from longtime homeowners trading a large house for a serviced residence, a shift Debbie wrote about in Los Angeles empty nesters and branded residences. For Valley sellers running the numbers on that trade, start with how much you will net selling a Studio City home in 2026; California luxury buyer psychology in 2026 explains why this buyer is moving now. The contracts, fees, and off-market opportunities in branded buildings reward working with a branded residence specialist in Los Angeles.
Frequently asked questions
How much does a condo at the Mandarin Oriental Residences Beverly Hills cost in 2026?
As of June 2026, one-bedrooms start at $2.6 million, two-bedrooms at $4.55 million, three-bedrooms at $7.3 million, and the remaining penthouse asks $13.5 million. These figures reflect both the Centurion repricing of roughly 20 percent below the original developer ask and a further round of reductions in June 2026.
What price cuts happened at the Mandarin Oriental in June 2026?
Three residences were reduced in June 2026: Penthouse 1 East from $14.5 million to $13.5 million, Residence 502E from $9,995,000 to $8.75 million, and Residence 505W from $4.75 million to $4.55 million. The reductions came three months after the building's record-setting penthouse sale in March 2026.
What was the record-setting penthouse sale at the Mandarin Oriental?
Penthouse 1 West closed in March 2026 at $13.25 million, or $3,852 per square foot, the highest price-per-square-foot condo sale in Los Angeles County for 2026. It surpassed the WeHo Edition penthouse that traded in January at $3,665 per square foot. The three-bedroom unit spans 3,440 square feet with a wraparound terrace and private roof deck.
What are the HOA fees at the Mandarin Oriental Residences Beverly Hills?
Monthly HOA dues on current listings run from $5,641.23 on a two-bedroom to $11,628 on the penthouse, per June 2026 MLS data. The dues fund Mandarin Oriental's hotel-level service infrastructure, including 24-hour concierge, valet, security, the spa, the rooftop pool, and the fitness center.
What happened with the Mandarin Oriental developer default?
The original investor group, led by developer Michael Shvo, defaulted on a $200 million loan tied to the building's 44 condo units. Centurion Real Estate Partners acquired the residences in a bulk transaction in September 2024, repriced all units roughly 20 percent lower, and relaunched sales with Compass.
Who designed the interiors at the Mandarin Oriental Residences?
The residences were designed by 1508 London, a design studio specializing in ultra-luxury residential interiors. Features include floor-to-ceiling Vitrocsa windows, custom Molteni & C kitchens with Miele appliances, radiant heated marble bathroom floors, and interior jade gardens designed by landscape architect Enzo Enea.
How does the Mandarin Oriental compare to Aman Beverly Hills?
Aman Beverly Hills residences will start above $20 million when the project delivers in late 2027, making it the top of the market. The Mandarin Oriental offers a lower entry point, from $2.6 million as of June 2026, is move-in ready now, and provides a broader range of unit types.
Is the Mandarin Oriental Beverly Hills move-in ready?
Yes. The Mandarin Oriental Residences Beverly Hills is a completed building with residences available for immediate occupancy. That distinguishes it from pre-construction projects like Aman Beverly Hills, delivering in late 2027, and One Beverly Hills, still in development.
Is the Mandarin Oriental a good investment in 2026?
Buyers in June 2026 are purchasing below both the original developer pricing and the spring 2026 asks, in a building that recorded the highest condo price per square foot in Los Angeles County this year at $3,852. Branded residences historically command a 25 to 35 percent resale premium over comparable unbranded condos.
Debbie Pisaro specializes in branded residences across Los Angeles and tracks every Mandarin Oriental listing, price change, and closed comp individually, including the opportunities that never reach the public market.
(310) 362-6429 · debbie@coastline840.com · DRE #01369110
Reach DebbieDebbie Pisaro is the founder of Coastline 840, an independent California luxury real estate brokerage, with 24 years in the Los Angeles market. She is a branded residence specialist covering every major project across Los Angeles and California, with deep expertise in architectural and historic homes. DRE #01369110. More about Debbie.
