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
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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
Parcel Numbers |
Multiple
|
Improvements Assessment | $10,612,080 |
Land Assessment | $21,848,400 | Total Assessment | $32,460,480 |
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
The Hollywood Multifamily Property at 5640 Santa Monica Blvd, Los Angeles, CA 90038 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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