1629 Veteran Ave | Los Angeles, CA 90024
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- LoopNet Team
1629 Veteran Ave
Los Angeles, CA 90024
The Cypress · Multifamily Property For Sale
·
34 Units
INVESTMENT HIGHLIGHTS
- The Cypress offers a lender-owned, 34-unit apartment community located just one mile from UCLA in the Westwood neighborhood.
- Comprehensively renovated during 2022–23, the building includes all building systems, living areas, and common areas.
- Currently 100% occupied, the property has a waitlist of applicants and over 70% of residents enrolled in or working at UCLA.
- This community is within 3 miles of tech and media companies in Santa Monica, Century City, Beverly Hills, Culver City, Playa Vista, and Brentwood.
PROPERTY FACTS
| No. Units | 34 | Building Size | 13,496 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1968/2023 |
| Building Class | C | Parking Ratio | 1.26/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | LAR3 - Multi-family | ||
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 13,496 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1968/2023 |
| Parking Ratio | 1.26/1,000 SF |
| Zoning | LAR3 - Multi-family |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 34 | - | 185 - 412 |
PROPERTY TAXES
| Parcel Number | 4324-030-025 | Improvements Assessment | $3,876,000 |
| Land Assessment | $2,560,200 | Total Assessment | $6,436,200 |
PROPERTY TAXES
Parcel Number
4324-030-025
Land Assessment
$2,560,200
Improvements Assessment
$3,876,000
Total Assessment
$6,436,200
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