Violet on Virgil 160 S Virgil Ave 302 Unit Apartment Building For Sale Los Angeles, CA 90004

Cushman & Wakefield, Inc., as exclusive advisor, is offering for sale Violet on Virgil (“Violet” or the “Property”), a 302-unit multifamily community in Los Angeles, California. Violet provides attainable urban housing with an expansive amenity package at accessible rent levels. The Property offers compelling risk-adjusted returns driven by strong in-place yield, embedded rent growth, and exposure to one of Los Angeles’ most resilient renter demographics.
Execute the CA to access due diligence documents at the following link: http://www.violet-cushman.com
ATTAINABLE HOUSING WITH INSTITUTIONAL QUALITY AMENITIES – Violet on Virgil is a two-building podium community that features best-in-class lifestyle amenities including two pools, indoor/outdoor fitness centers, activated courtyards, a resident clubhouse, and social lounges.
CAPTURING THE MOST RESILIENT RENTER SEGMENT – Violet’s rents are priced within an attainable band that aligns with the majority of Los Angeles’ renter base - creating a deep recurring demand pool.
ATTRACTIVE GOING-IN YIELD WITH DURABLE IN-PLACE CASH FLOW – Violet delivers strong in-place cash flow with embedded upside through continued unit renovations and strong projected rent growth.
AUTHENTIC WALKABLE LIFESTYLE – Positioned between Silver Lake and Koreatown, the area has a 24- hour urban pulse with an enviable food scene, an active nightlife district, extensive arts and cultural activities, and an abundance of shopping options.
TRANSIT-BASED MOBILITY – Access to public transit is essential for attracting renters by necessity. Violet is blocks from a Metro Rail station offering immediate connectivity throughout Los Angeles.
STRATEGIC INFILL LOCATION WITH MULTI-NODE DEMAND DRIVERS – The Property’s central location captures numerous employment demand generators including Hollywood, West Hollywood, Silver Lake, Downtown Los Angeles, the Wilshire Corridor, and Culver City.
PROXIMITY TO WORLD-CLASS HEALTHCARE CAMPUSES – Violet on Virgil benefits from its proximity to Children’s Hospital Los Angeles, Kaiser Permanente, and CHA Hollywood Presbyterian Medical Center, which combined employ over 18,000 healthcare professionals.