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Property Highlights
-53-Unit Value-Add Apartment Community in Excellent Beverly Hills Adjacent Neighborhood: Current rents are approximately 16% below market rate offering an investor the opportunity to raise rents by implementing a renovation program for the unit interiors and common areas
-Attractive Basis Relative to Replacement Cost
-Excellent Unit Mix: Excellent unit mix consisting of (11) studio/one-bathroom units, (38) one-bedroom/one-bathroom units and (4) two-bedroom/two-bathroom units
-Unit Features: Units feature vinyl wood flooring, central air and heat, quartz countertops and stainless-steel appliances
-Property Amenities: Property amenities include controlled access, gated garage parking and an on-site laundry facility
-Walk Score 88/Centrally Located: Steps to famous shopping, dining, and retail options and centrally positioned providing easy access to West Hollywood, Hollywood, Beverly Hills, Westwood Century City, Culver City, Koreatown and Miracle Mile
-Coming Soon: Wilshire/La Cienega D Line Metro Station – 3 Blocks Away: Set to open in Winter 2026, the Wilshire/La Cienega D Line Station—located just three blocks away—will offer seamless public transit connections eastbound to Mid-Wilshire, Koreatown, and Downtown Los Angeles, and westbound to Beverly Hills, Century City, and Westwood (westbound extension scheduled for 2027)
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