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$ 7,750,000
Est. payment | /mo
20,157 SqFt
$ 7,750,000
Est. payment | /mo
20,157 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 20,157 sqft
Price per Sqft $384
MLS Listing ID CL26660277
HOA Y/N No
Year Built 1993
Lot Size 0.302 Acres
Acres 0.3
Property Sub-Type Other
Property Description
The Altezza is a 16-unit garden-style multifamily asset in Westchester asking $7,750,000 ($484,375/unit), 5.41% current cap rate. Units average 1,111 SF a 35%+ size premium over competing new construction with eight upper-level loft units featuring spiral staircases and vaulted ceilings to 20 feet. All units include quartz countertops, stainless steel appliances, wood laminate flooring, two gas fireplaces, central HVAC, and in-unit washer/dryers. Roof and boiler were replaced within last five years. Exterior unrenovated since 2012 acquisition and presents clear value-add opportunity to modernize. Minutes from LAX with direct I-405, I-105, and SR-90 access; proximate to Silicon Beach employers including Google, YouTube, and Snap Inc.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Forced Air
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
New Construction No
Others
Tax ID 4103010022
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Listed by Steffan Braunlich • Berkadia
Nearby Locations
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