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888 Hilgard Ave
Los Angeles, CA 90024
888 Hilgard · Multifamily Property For Sale · 60 Units

Property Facts

No. Units 60
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.51 AC
Building Size 68,399 SF
Average Occupancy 62%
No. Stories 5
Year Built/Renovated 1976/2017
Parking Ratio 1.46/1,000 SF
Zoning LAR4 - 0501 - 5 Or More Apts Or Units, Coop Or Oyo Projects - 4

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Fireplace
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Hardwood Floors
  • Vaulted Ceiling
  • High Speed Internet Access
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Dining Room
  • Patio
  • Smoke Free
  • Wheelchair Accessible (Rooms)

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Fitness Center
  • Pool
  • Property Manager on Site
  • Spa
  • Gated
  • Video Patrol
  • Breakfast/Coffee Concierge
  • Dry Cleaning Service
  • Furnished Units Available
  • Recycling
  • Car Charging Station
  • Community-Wide WiFi
  • Maintenance on site
  • Online Services
  • Key Fob Entry

About 888 HILGARD AVE , LOS ANGELES, CA 90024

Pleased to present a rare opportunity to acquire a 60-unit, class A multi-family apartment building in the heart of Westwood. 888 Hilgard Avenue was built in 1976 and was remodeled 2016-2017. Pairing modern simplicity with enlightened accommodations, this property offers various building amenities and suite features from modern designed and appointed kitchens to beautifully tiled bathrooms, real hardwood flooring and welcoming fireplaces. The offering is composed of 52 one-bedroom/one-bathroom units and eight two-bedroom/two-bathroom units. 41-units are subject to Los Angeles County’s rent control regulations while 19-Units are classified as luxury and exempt from rent control. Being more than just an apartment complex, 888 Hilgard offers luxury living, convenient solutions, comforting suites, and stylish atmosphere. Located in the trendy Westwood Village at the corner of Hilgard Avenue and Le Conte Avenue, 888 Hilgard is located in the heart of Westwood opposite of the UCLA botanical gardens, pedestrian path to the UCLA campus, Ronald Regan UCLA Medical Center and the Wilshire Corridor. Next door is Beverly Hills, Bel Air and Brentwood. With Sunset Boulevard to the north, Wilshire Boulevard to the south and the 405 Freeway to the west, access to all parts of Los Angeles is easy and convenient. This investment presents a very attractive opportunity to own a class A asset adjacent to one of the most desirable Universities in the country, located in one of the trendiest sub-market in the city of Los Angeles, Westwood.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 52 - 690 - 879
2+2 8 - 1,044 - 1,159

Property Taxes

Property Taxes

Parcel Number
4360-007-029
Land Assessment
$20,839,675
Improvements Assessment
$5,647,807
Total Assessment
$26,487,482
  • Listing ID: 14611133

  • Date on Market: 12/11/2018

  • Last Updated:

  • Address: 888 Hilgard Ave, Los Angeles, CA 90024

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