1425 N Alta Vista Blvd
Los Angeles, CA 90046
Urbanlux Sunset · Multifamily Property For Sale
·
92 Units
Property Facts
| No. Units | 92 | Lot Size | 0.80 AC |
| Property Type | Multifamily | Building Size | 94,125 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1987 |
| Building Class | B | Parking Ratio | 1.95/1,000 SF |
| Zoning | LAR3 - Multiple Dwelling | ||
| No. Units | 92 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.80 AC |
| Building Size | 94,125 SF |
| No. Stories | 4 |
| Year Built | 1987 |
| Parking Ratio | 1.95/1,000 SF |
| Zoning | LAR3 - Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
Site Amenities
- 24 Hour Access
- Fitness Center
- Laundry Facilities
- Pool
- Property Manager on Site
- Spa
- Laundry Service
- Package Service
- Recycling
- Elevator
About 1425 N ALTA VISTA BLVD , LOS ANGELES, CA 90046
Institutional Property Advisors, as the exclusive listing agent, is pleased to present the opportunity to acquire Vue Hollywood, a 92-unit non-rent control multifamily asset situated in the heart of Hollywood, California. Bounded by Los Angeles’ two most coveted submarkets, West Hollywood and Hollywood, Vue Hollywood provides walkable accessibility to robust employment and countless lifestyle amenities including an abundance of top restaurants, trendy cafes, shops, and entertainment. Since 2015, the property has undergone significant renovation work totaling approximately $3.25 million on exterior, common area, and unit interior improvements. To date, 74 of the 92 units have been upgraded to the highest quality standard with elegant features at a cost of over $20,000/unit. Vue Hollywood, built in 1987 and totaling 88,688 net rentable square feet, presents a rare opportunity to acquire a sizeable footprint in a highly sought-after Los Angeles location with core demographics and demand drivers.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | 450 - 578 |
| 1+1 | 12 | - | 660 - 750 |
| 2+2 | 68 | - | 1,065 - 1,165 |
Property Taxes
| Parcel Number | 5548-019-054 | Improvements Assessment | $15,637,344 |
| Land Assessment | $34,581,089 | Total Assessment | $50,218,433 |
Property Taxes
