This Multifamily Property is no longer advertised on LoopNet.com.

5640 Santa Monica Blvd
Los Angeles, CA 90038

Langdon Park at Hollywood Studios · Multifamily Property For Sale · 177 Units

INVESTMENT HIGHLIGHTS

  • Low Avg Rents of $1,475 Per Month are Well Positioned Against New Supply
  • Institutionally Owned Property with over $2 Million in Capital Invested
  • Transformational $450 Million Studio Project Planned Across the Street
  • 75 (42%) of Units are Vintage which Offer $300 to $400 Renovation Premiums
  • Netflix & Major Studios Surround The Derby
  • Rare 1/2 Acre Surface Parking Lot for Residents

PROPERTY FACTS

No. Units 177
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.86 AC
Building Size 57,664 SF
Average Occupancy 91%
No. Stories 4
Year Built/Renovated 1927/2015
Parking Ratio 1.2/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower

SITE AMENITIES

  • Laundry Facilities
  • Property Manager on Site
  • On-Site Retail
  • Wi-Fi
  • Maintenance on site

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 177 $1,475 -

PROPERTY TAXES

ZONING

Zoning Code LAC2 (C2-1D: ~28,294 Sq. Ft. of Land RD1.5-1XL: ~9,250 Sq. Ft. of Land)
  • Listing ID: 23034061

  • Date on Market: 5/12/2021

  • Last Updated:

  • Address: 5640 Santa Monica Blvd, Los Angeles, CA 90038