5203 Knowlton St | Los Angeles, CA 90045
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- LoopNet Team
5203 Knowlton St
Los Angeles, CA 90045
West Los Angeles Multifamily Development/JV · Multifamily Property For Sale
·
217 Units
INVESTMENT HIGHLIGHTS
- Experience the option of building a multifamily project entitled for 174 units increased to 217 with ADU or 504 100% affordable units with AHIP.
- The Legacy Apartments aims to provide a rooftop pool, fitness and business centers, eco-friendly landscape design, efficient floor plans, and parking.
- 5203 Knowlton Street is home to a 100% occupied 50-unit apartment complex with garages, on-site laundry, park-like landscaping, and updated utilities.
- Residents have access to all LA has to offer, less than 2 miles from the SoFi Arena, high-end shopping, and world-famous beach destinations.
- Walkable to everyday essentials such as Amazon Fresh, Marshalls, Chick-fil-A, Dunkin', CVS Pharmacy, Petco, and 24-Hour Fitness.
- Strategically, within a residential area with over 90,912 households within a 3-mile radius of the site, of which 57% of homes are renter-occupied.
PROPERTY FACTS
| No. Units | 217 | Construction Status | Proposed |
| Property Type | Multifamily | Building Size | 310,000 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 5 |
| Building Class | A | Parking Ratio | 0.64/1,000 SF |
| Lot Size | 2.02 AC | ||
| Zoning | Multi-Family - Currently, 5203 Knowlton Street operates as a 50-unit apartment building with 50 detached garages spanning the entire city block on Knowlton Street. | ||
| No. Units | 217 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 2.02 AC |
| Construction Status | Proposed |
| Building Size | 310,000 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Parking Ratio | 0.64/1,000 SF |
| Zoning | Multi-Family - Currently, 5203 Knowlton Street operates as a 50-unit apartment building with 50 detached garages spanning the entire city block on Knowlton Street. |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Security System
- Kitchen
- Granite Countertops
- Refrigerator
- Satellite TV
- Oven
- Sprinkler System
- Carpet
- Wi-Fi
- Yard
- Deck
- Double Pane Windows
- Lawn
- Recreation Room
- Window Coverings
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Gated
- Vintage Building
- Wi-Fi
- Lounge
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 11 | - | - |
| 1+1 | 151 | - | - |
| 2+1 | 52 | - | - |
| 3+1 | 3 | - | - |
PROPERTY TAXES
| Parcel Number | 4103-001-001 | Improvements Assessment | $380,008 |
| Land Assessment | $196,120 | Total Assessment | $576,128 |
PROPERTY TAXES
Parcel Number
4103-001-001
Land Assessment
$196,120
Improvements Assessment
$380,008
Total Assessment
$576,128
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