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

  • OFFERS DUE: December 2nd by 5:00pm (PST)
  • Ability to Optimize Operations to Increase Profitability: Reposition Street-Front Retail, Revamp Laundry Facility, and Improve RUBS Participation.
  • Echelon Studios: A ~$450M, 550,000 Square Foot Creative Village Development with Sound Stages is planned directly across the street.
  • Sustainable Housing with Significant Upside: The Most Economically Efficient Housing in Hollywood serving an Extremely Deep Renter Pool.
  • Timeless Art Deco Architecture: The Derby represents a classic example of Old Hollywood living reimagined with modern charm.
  • Property Tours: Please Coordinate with NorthMarq to schedule your tour. Tour Dates on 11/18 & 11/23.

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 1927/2019
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 - 170 - 323

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: 24493010

  • Date on Market: 11/15/2021

  • Last Updated:

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