1031 N. Crescent Heights Blvd., nicknamed “La Ventana”, is a rare opportunity to acquire a true pride of ownership luxury property in one of the best rental locations in prime West Hollywood. La Ventana was built in 1989 and is NOT subject to rent control, allowing for significant and immediate rental upside. This extremely well maintained property boasts an ideal unit mix consisting of all 2 bedroom 2 bath units averaging 1,425 gross square feet and the 7 penthouse units all feature soaring vaulted ceilings. All of the units are extremely spacious, have a terrific floor plan, and offer an abundance of natural light.
Units feature upgraded and luxurious amenities including stainless steel appliances, quartz or granite countertops, fireplaces, hardwood floors (pergo), spacious kitchens/bedrooms/bathrooms, in-unit washer and dryer, large balconies (some units have 2 large balconies), and central heat and air conditioning. These apartments feel like a home and even the bottom floor units have 9 foot high ceilings. Other property features include an on-site heated pool with barbeque area, recreation room, copper plumbing, security cameras, and gated parking consisting of 2 parking spaces per unit AND guest parking. Additionally, the property is an excellent candidate for a condominium conversion and previously had an approved tentative tract map for condominium conversion (now expired). La Ventana is regarded as a “Walker’s Paradise” as it features an incredible Walk Score of 94.
Prestigious La Ventana presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prime non-rent control low maintenance asset in one of the best rental locations in all of Los Angeles.
******* Open Houses are scheduled for Monday, July 16th, 2018 and Wednesday July 18th, 2018 from 10AM to 12PM.******
