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Picasso Brentwood 12035 Wilshire Blvd 81 Unit Apartment Building $53,000,000 ($654,321/Unit) 4.10% Cap Rate Los Angeles, CA 90025



Executive Summary
Sellers will review all good offers with proof of fund. Please contact Real Estate Agent Charles at 626-373-7388.
Property Facts
| Price | $53,000,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $654,321 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.52 AC |
| Cap Rate | 4.10% | Building Size | 51,776 SF |
| No. Units | 81 | No. Stories | 7 |
| Property Type | Multifamily | Year Built | 2019 |
| Property Subtype | Apartment | Parking Ratio | 2.2/1,000 SF |
| Zoning | LAC4 | ||
| Price | $53,000,000 |
| Price Per Unit | $654,321 |
| Sale Type | Investment |
| Cap Rate | 4.10% |
| No. Units | 81 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.52 AC |
| Building Size | 51,776 SF |
| No. Stories | 7 |
| Year Built | 2019 |
| Parking Ratio | 2.2/1,000 SF |
| Zoning | LAC4 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Views
- Walk-In Closets
- Patio
- Smoke Free
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
- Window Coverings
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Pool
- Property Manager on Site
- Spa
- On-Site Retail
- Smoke Free
- Bicycle Storage
- Elevator
- Lounge
- Multi Use Room
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 15 | - | 480 |
| 1+1 | 61 | - | 560 - 755 |
| 2+2 | 4 | - | 1,200 |
| 3+3 | 1 | - | 1,864 |
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (72)
Property Taxes
| Parcel Number | 4265-016-051 | Improvements Assessment | $34,333,200 |
| Land Assessment | $8,843,400 | Total Assessment | $43,176,600 |
Property Taxes
Parcel Number
4265-016-051
Land Assessment
$8,843,400
Improvements Assessment
$34,333,200
Total Assessment
$43,176,600
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Picasso Brentwood | 12035 Wilshire Blvd
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