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
- 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
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: 24493010
Date on Market: 11/15/2021
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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