EXTREMELY RARE OPPORTUNITY TO
ACQUIRE AN ICONIC 4-property
PORTFOLIO
EXTREMELY RARE OPPORTUNITY TO ACQUIRE AN ICONIC 4-property PORTFOLIO
Located in Los Angeles’ most desirable neighborhoods - three buildings positioned in Hollywood and four buildings in Koreatown
Opportunity to purchase properties as a portfolio, separately, or in any combination
Irreplaceable, architecturally unique assets featuring Art Deco-style buildings that embody decades of rich history and celebrity tenants
Ideal opportunity to add value by renovating units, enhancing common areas, adding amenities, increasing lease rates, implementing RUBS, reducing vacancies & expenses, and adding ADUs
All buildings boast stunning lobbies, strong unit mixes, well-designed floor plans, breathtaking views from upper floors, and common area space
Amenity rich locations, surrounded by an array of Los Angeles’ hottest restaurants, cultural and entertainment venues, shopping, hotels, and nightlife
The Langham
ADDRESS | 715 S Normandie Avenue, Los Angeles, CA |
NO. OF UNITS | 181 |
BUILDING SIZE | ±132,210 SF |
LOT SIZE | ±27,592 SF |
YEAR BUILT | 1927 |
FLOORS | 7 |
PARKING | None onsite |
ZONING | R5-2 |
TOC | Tier 4 |
OPPORTUNITY ZONE | Yes |
APN | 5094-004-007 |
CONSTRUCTION | Concrete |
Sir Francis Drake
ADDRESS | 841 S Serrano, Los Angeles, CA |
NO. OF UNITS | 61 (62 units per title) |
BUILDING SIZE | ±49,243 SF |
LOT SIZE | ±17,980 SF |
YEAR BUILT | 1929 |
FLOORS | 5 |
PARKING | 33 spaces |
ZONING | R4-2 |
TOC | Tier 3 |
OPPORTUNITY ZONE | No |
APN | 5093-010-009 |
CONSTRUCTION | Concrete |
The Piccadilly
ADDRESS | 682 Irolo St, Los Angeles, CA |
NO. OF UNITS | 74 |
BUILDING SIZE | ±62,933 SF |
LOT SIZE | ±12,985 SF |
YEAR BUILT | 1929 |
FLOORS | 7 |
PARKING | 19 spaces |
ZONING | R4-5 |
TOC | Tier 4 |
OPPORTUNITY ZONE | Yes |
APN | 5094-002-004 |
CONSTRUCTION | Concrete |
The Fontenoy
ADDRESS | 1811 Whitley Ave, Los Angeles, CA |
NO. OF UNITS | 51 |
BUILDING SIZE | ±43,264 SF |
LOT SIZE | ±12,017 SF + ±10,463 SF Parking Lot = ±22,480 SF |
YEAR BUILT | 1929 |
FLOORS | 13 |
PARKING | 37 spaces |
ZONING | [Q]R4-2 |
TOC | Tier 3 |
OPPORTUNITY ZONE | Yes |
APN | 5547-004-031 & 5547-004-033 |
CONSTRUCTION | Concrete |