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2391 Roscomare Road Los Angeles, CA 90077

$27,495,000
10 Units
Status Active
MLS # 18391436
Property Type Multifamily
Price Type --
ONE BEL AIR, a premier new construction 10 unit luxury building, the only one of its kind located in scenic upper Bel Air, offering 'home alternative' residences in one of Los Angeles' most sought after neighborhoods. A NEW 16.6M ASSUMABLE LOAN HAS BEEN PLACED ON THE PROPERTY AT 3.77%, FIXED FOR 10 YEARS, INTEREST ONLY AND MUST BE ASSUMED WITH PURCHASE. Breathtaking ocean and canyon views beautifully combine nature, serenity and modern luxury. Sleek architecture and sophisticated design, finishes and fixtures are set amidst a lush mountainous back drop perfect for taking in dramatic sunsets. Equipped with a gym, lounge, spacious viewing deck, pool and pool deck, secured entry and parking garage. This iconic offering brings refined, multi-unit, luxe living to the hills.

920 S Hill Street Los Angeles, CA 90015

$27,000,000
239 Units
Status Active
MLS # SR19231196
Property Type Multifamily
Price Type --
INCREDIBLE DEVELOPMENT OPPORTUNITY! The Hill Street Lofts project is located on South Hill Street between 9th St. and Olympic Blvd. in the trendy South Park district of Downtown Los Angeles. Currently leased to Joe’s Parking on a month-to-month lease, the site is fully entitled for the ground-up construction of a 340 ft. high-rise mixed use project consisting of 239 condominiums and 5,405 sq. ft. of rentable retail space. Amenities include: North and South 7th Floor Amenity decks, pool and roof decks, gym and helipad. All 239 units have 50 sq. ft. balconies. 6 level above ground and 1 level subterranean parking garage with 328 parking spaces and 214 bicycle spaces. Project is FULLY ENTITLED and building permit is ready to issue/shovel ready. All plans have been approved. This parcel is situated adjacent to The Ace Hotel, The Stocking Frame, Crossfit 213 and a short walk from the Staples Center/LA Live, Grand Central Market, Whole Foods, Disney Hall, The Bloc. 7th & Fig and the best shopping, dining and nightlife DTLA has to offer. This project is 100% exempt from union labor and affordable housing requirements adding tremendous value to ROI. Unit Breakdown: Studio: 15 units 1 bedroom: 112 units 2 bedroom: 108 units 3 bedroom: 4 units APNs: 5139003012, 5139003013 Zoning: [Q] R5-4D Lot Area 22,935. Maximum FAR is 9.2:1.

953 S Broadway Los Angeles, CA 90015

$20,900,000
163 Units
Status Active
MLS # SR20041827
Property Type Multifamily
Price Type --
INCREDIBLE DEVELOPMENT OPPORTUNITY! ALL PLANS APPROVED AND PERMIT READY TO ISSUE The Broadway is a FULLY ENTITLED high-rise mixed use development situated on the northwest corner of Broadway & Olympic Boulevard in hip South Park , one of the most exclusive districts in Downtown Los Angeles. The 20,663 sq. ft. lot is fully entitled for the construction of a 166 ft., 184,000 sq. ft., 15 story residential condominium building offering 163 condominium units and a rooftop poo, spa and gym. Approved project plans feature: - Four (4) level subterranean parking garage offering 221 car parking spaces and 202 bicycle spaces. Plans call for 50 sq. ft. balconies on most units in the complex and 4,920 sq. ft. of street level retail space. Neighborhood destinations are The Ace Hotel @ 929 S. Broadway, United Artists / The Theatre at Ace Hotel @ 933 S. Broadway, Umami Burger Broadway @ 852 S. Broadway, Orpheum Theatre @ 842 S. Broadway and Zinque Restaurant @ 939 S. Broadway. Staples Center, LA Live, LA Convention Center, Whole Foods, The Bloc, Grand Hope Park, Pershing Square & the LA Fashion District are all within 1 mile radius. Unit Breakdown: 1 Bedroom: 119 units, 2 bedroom: 44 units. APN: 5139003007, 5139003008, 5139003009 Zoning: [Q] C2-4D-CDO. 9.2 FAR allowed. Anticipated sales prices of around $950/ft. for the residential units

5807 Laurel Canyon Valley Village, CA 91607

$20,695,000
56 Units
Status Active
MLS # 20543932
Property Type Multifamily
Price Type --
its 25 acres of retail and entertainment destinations. More than 25% of the apartments have been completely remodeled to include in-unit washer/dryers, stainless steel appliances, quartz countertops, wood flooring, and upgraded bathrooms. A new investor may continue this remodeling program and apply the same blueprint to the remaining units in order to capture the asset's significant rent upside.Constructed in 1985, NoHo Centre features an impressive amenities package, with central air/heat in all units, at least one balcony in every unit (except singles), large walk-in pantries in all units, at least one garage parking space per bedroom, a laundry room on every floor, an elevator, and a landscaped courtyard. The spacious floorplans range from 729 to 812 square feet for one-bedroom units, while the two-bedroom units average approximately 1,027 square feet each. Within the past year, the property has been upgraded with a new cool roof coating, new fence, and new garage paint.

725 S Westlake Avenue Los Angeles, CA 90057

$19,500,000
172 Units
Status Active
MLS # 20566264
Property Type Multifamily
Price Type --
The Olympic is a 172-unit apartment complex/hotel situated in the redeveloping Westlake district of Los Angeles, just west of downtown. The Olympic will be delivered with a minimum of 110 units vacant at the close of escrow. The property is steps away from Wilshire Boulevard, Alvarado Street, MacArthur Park, and the Metro Station. The Olympic was built in 1925 and is a four-story complex constructed of reinforced brick with two large basements and a massive lobby. All units are efficiencies and have private bathrooms and a closet but no kitchen. No units share bathrooms. The certificate of occupancy from 1926 states the property is a four-story, Class C, 172 Rooms, Hotel. As the property was originally a hotel, all utilities are master-metered. The property is serviced by four staircases and an elevator in a central hallway configuration with a courtyard between the u-shaped structure.

571 S Coronado Street Los Angeles, CA 90057

$19,000,000
76 Units
Status Active
MLS # PW20036811
Property Type Multifamily
Price Type --
This offering presents an exciting value-add opportunity located at 571 South Coronado Street in Los Angeles’ rapidly redeveloping Westlake neighborhood. The property is within easy walking distance of MacArthur Park and offers easy access to transit options: the property is a half-mile from the Westlake/MacArthur Park station of the Metro Red and Purple lines, across from a metro stop that serves the 603 bus line that runs from the Glendale Galleria to Grand Station, and proximate to the 101 and 110 freeways. 571 South Coronado Street is a 1923 construction mixed-use asset with 46 one-bedroom units, 20 bachelor units, eight singles, and two commercial spaces. The property also features a basement and storage spaces for select units. The building is submetered for electric. Recent improvements include new flooring and paint in the hallways, elevator and plumbing upgrades, and roof improvements. A new investor may be able to submeter for gas and implement a RUBS program for water, sewer, and trash to reduce expenses and increase cash flow. Pro forma other income includes these assumptions. With current rents substantially below market, this offering presents an excellent opportunity for an investor to acquire in a popular redeveloping market and capture over 40 percent rental upside.

742 S Westlake Avenue Los Angeles, CA 90057

$15,000,000
37 Units
Status Active
MLS # 19521562
Property Type Multifamily
Price Type --
Single: $1,650 and Up, 1 Bed + 1 Bath: $1,900 and Up, 2 Bed + 1.5 Bath - $2,400 and Up. SF - 3 Bed + 2.5 Bath - $2,850 and Up.Manali Residence is a brand new apartment community designed for executives and families working in and around K-Town and DTLA! Scheduled to open in early October 2019, we it is centrally located in the Westlake District of the City of Los Angeles between K-Town and Downtown LA, at 742 South Westlake Avenue, Los Angeles, CA 90057.The Manali Residence building consists of 37 Residences, with one street level parking area accessible from the alley at the back of the building and one level of underground parking from Westlake Avenue for 55 automobiles and 41 bicycles. Make Manali Residence your new home and enjoy the best K-Town and Downtown LA has to offer!Features:Brand New 2019 Construction!Central Air/Heat!Balconies!Gated Covered Parking!Bike Parking!On-Site Laundry!Walk Score: 95

742 S Westlake Los Angeles, CA 90057

$15,000,000
37 Units
Status Active
MLS # SR19232282
Property Type Multifamily
Price Type --
Manali Residence is a brand new, 2019 constructed, 37 Unit apartment building has been designed for executives and families working in and around K-Town and DTLA! Scheduled to open in early October 2019, it is centrally located in the Westlake District of the City of Los Angeles between K-Town and Downtown LA, at 742 South Westlake Avenue, Los Angeles, CA 90057. Manali Residence provides easy access to the Red and Purple Lines at 7th St. & Westlake Ave., Metro Buses on 7th Street & Westlake, as well as 8th St. & Westlake and Blue LA. The Home Depot, Starbucks and other cafes and bakeries, as well as famous Langer’s Deli on 7th and Alvarado are within close proximity of the building. K-Town to the west and Downtown LA on the east provide ample job opportunities as well as entertainment nearby. The Manali Residence features one street level parking area, accessible from the alley at the back of the building, and one level of underground parking from Westlake Avenue for a total of 55 automobiles and 41 bicycles. The Unit Mix consist of 10 (ten) Studios, 9 (nine) 1-Bedroom and 1-Bathroom units, 14 (fourteen) 2-Bed and 1.5-Bath units, and 4 (four) 3-bedrooms and 2.5-Bath units, distributed throughout four stories around a central courtyard. The building is naturally well illuminated and ventilated. It is aesthetically designed with drought resistant and low maintenance landscaping on all four sides, as well as the central courtyard and roof top lounge on the 5th floor.

1216 Abbot Kinney Venice, CA 90291

$14,000,000
2 Units
Status Active
MLS # 20547858
Property Type Multifamily
Price Type --
Extremely rare opportunity to purchase three contiguous lots on the best part of Abbot Kinney Blvd. This development site is located in the center of the hottest retail and restaurant block of Abbot Kinney. This sale includes all three parcels located at 1216-1222 Abbot Kinney. Over 90 feet of frontage on Abbot Kinney Blvd. No showings. Drive by only. Please contact listing agent for full marketing package.

2029 W Washington Boulevard Los Angeles, CA 90018

$13,999,000
131 Units
Status Active
MLS # 20549146
Property Type Multifamily
Price Type --
Where can you find 1.20 acres, C1.5 zoning, and an unbeatable Los Angeles location for a little over $267 per square foot? The site has great frontageand accessibility. Own an entire Los Angeles block from Harvard to Kingsley on Washington Blvd. C1.5 Zoning - 131 units by-right and 210 units per TOC Tier 2 Density Bonus. Roughly 1.2 ACRES (52,363 +/- SF) +/- of LAND and 13,378 +/- SF of Gross Leasable Area in the Harvard Heights area of Los Angeles. Property consists of 6 lots and 4 buildings. Lots 81-84 on Map Sheet 126B193 on Zimas. Use your creative/imaginary side! Currently being used as a pre-school. *Please see supplemental documentation for due diligence. **This is also an opportunity to expand a contract with the State of California or acquire a contract for this already approved location by the California Department of Education's (CDE) Child Development Program. Planning Department has an expedited approval process for schools. Please see supplemental documents.

449 S Le Doux Road Los Angeles, CA 90048

$13,500,000
18 Units
Status Active
MLS # 20551442
Property Type Multifamily
Price Type --
449 South Le Doux is an 18-unit, garden-style apartment community in one of the most highly desirable areas in Los Angeles, California. Built in 1962, the property is situated on an 18,205.7 square foot lot and encompasses a building size of 30,417 square feet. This single, three-story urban building features a stucco exterior with composition shingle roof. The property features an excellent unit mix of one-, two-, and three-bedroom units with an average unit size of 1,502 each. Most units have been renovated with washer/dryer. 449 South Le Doux is well maintained and professionally landscaped with mature shade trees and colorful raised flowerbeds. The property features a swimming pool with large sundeck, controlled access entry, large lobby with fireplace, on-site laundry and 32 gated garage parking spaces.

12659 Moorpark Street Studio City, CA 91604

$12,650,000
28 Units
Status Active
MLS # 19423618
Property Type Multifamily
Price Type --
Located on nearly an acre of park-like grounds, this 28-unit building sits just north of Ventura Blvd. in a prime picket of Studio City. The location provides close proximity to restaurants, shopping, parks and freeways. The building has been lovingly maintained by the same family for over 2 decades, and several of the units have been updated w/ hard surface flooring, stainless-steel appliances and other amenities. All but four of the units have town-home style layouts, with the bedrooms located upstairs and the living spaces situated on the ground floor. Tongue-and-groove ceilings, exposed beams, and other mid-century period details, imbue the units with charm and character. The roof was replaced in 2015. Unit mix consists of fourteen 1+1 bath units, 10 2+2 units and four 3+2.5 bath units.