
West Los Angeles Multifamily Development/JV | 5203 Knowlton St
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West Los Angeles Multifamily Development/JV 5203 Knowlton St Immeuble residentiel 217 lots À vendre Los Angeles, CA 90045



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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 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.
RÉSUMÉ ANALYTIQUE
The Legacy Apartments at 5203 Knowlton Street is a unique opportunity to invest and participate in a project with multiple options in Los Angeles, California. The first option is to proceed with an approved 174-unit density bonus project, with the ability to increase density to 217 units under California Assembly Bill (SB) 1211. The second purchasing option is to proceed with ministerial AHIP approval of a 100% affordable project with a potential floor area ratio of approximately 311,017 square feet. With an average size unit of 500 square feet, a 100% affordable project would allow approximately 540 units. A senior care facility is also possible. Contact the City of Los Angeles for options. Owner will participate in Joint Venture opportunities.
Currently, 5203 Knowlton Street operates as a 50-unit apartment building with 50 detached garages spanning the entire city block from La Tijera Boulevard to La Cienega Boulevard, generating a robust revenue stream. The property was developed in the 1950s and has been extremely well maintained, with many upgrades made over the years, including plumbing, electrical, roof, windows, granite countertops, and more. This remarkable site is highlighted by expansive city views and indoor/outdoor living spaces with an emphasis on a luxury lifestyle for its residents.
The multifamily project is within walking distance of the Amazon Fresh Shopping Center in a superior amenity-filled location. In addition, this property has direct access to the high-end shopping in Marina Del Ray, Ladera Heights, and Beverly Hills. 5203 Knowlton Street benefits from easy connections to all transportation, including the 405 and 10 Freeways, Metro stations, bus stops, and the Los Angeles International Airport. Residents enjoy the proximity to the Los Angeles beaches, such as Santa Monica, El Segundo, Playa Del Ray, and Venice, within a 10-minute drive. Nestled within a desirable location to live, work, and play, most neighboring completed multifamily projects have 100% occupancy. All this and more prove this is a rare development opportunity for any multifamily developer or investor looking to add a highly sought-after property to their portfolio.
Currently, 5203 Knowlton Street operates as a 50-unit apartment building with 50 detached garages spanning the entire city block from La Tijera Boulevard to La Cienega Boulevard, generating a robust revenue stream. The property was developed in the 1950s and has been extremely well maintained, with many upgrades made over the years, including plumbing, electrical, roof, windows, granite countertops, and more. This remarkable site is highlighted by expansive city views and indoor/outdoor living spaces with an emphasis on a luxury lifestyle for its residents.
The multifamily project is within walking distance of the Amazon Fresh Shopping Center in a superior amenity-filled location. In addition, this property has direct access to the high-end shopping in Marina Del Ray, Ladera Heights, and Beverly Hills. 5203 Knowlton Street benefits from easy connections to all transportation, including the 405 and 10 Freeways, Metro stations, bus stops, and the Los Angeles International Airport. Residents enjoy the proximity to the Los Angeles beaches, such as Santa Monica, El Segundo, Playa Del Ray, and Venice, within a 10-minute drive. Nestled within a desirable location to live, work, and play, most neighboring completed multifamily projects have 100% occupancy. All this and more prove this is a rare development opportunity for any multifamily developer or investor looking to add a highly sought-after property to their portfolio.
FLYER DE VENTE
BILAN FINANCIER (RÉEL - 2024) |
ANNUEL | ANNUEL PAR m² |
---|---|---|
Revenu de location brut |
1 057 656 €
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36,72 €
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Autres revenus |
-
![]() |
-
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Perte due à la vacance |
-
![]() |
-
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Revenu brut effectif |
1 057 656 €
![]() |
36,72 €
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Résultat net d’exploitation |
-
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-
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BILAN FINANCIER (RÉEL - 2024)
Revenu de location brut | |
---|---|
Annuel | 1 057 656 € |
Annuel par m² | 36,72 € |
Autres revenus | |
---|---|
Annuel | - |
Annuel par m² | - |
Perte due à la vacance | |
---|---|
Annuel | - |
Annuel par m² | - |
Revenu brut effectif | |
---|---|
Annuel | 1 057 656 € |
Annuel par m² | 36,72 € |
Résultat net d’exploitation | |
---|---|
Annuel | - |
Annuel par m² | - |
INFORMATIONS SUR L’IMMEUBLE
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Prêt pour le câble
- Lave-vaisselle
- Machine à laver/sèche-linge
- Raccord machine à laver/sèche-linge
- Système de sécurité
- Cuisine
- Plans de travail en granit
- Réfrigérateur
- TV satellite
- Four
- Système de sprinklers
- Moquette
- Wi-Fi
- Cour
- Terrasse
- Fenêtres à double vitrage
- Pelouse
- Salle de loisirs
- Couvre-fenêtres
- Grandes chambres
CARACTÉRISTIQUES DU SITE
- Accès 24 h/24
- Cour
- Clôturé
- Immeuble d’époque
- Wi-Fi
- Lounge
LOT INFORMATIONS SUR LA COMBINAISON
DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
---|---|---|---|
Studios | 11 | - | - |
1+1 | 151 | - | - |
2+1 | 52 | - | - |
3+1 | 3 | - | - |
1 of 1
Walk Score®
Très praticable à pied (85)
À PROXIMITÉ
RESTAURANTS |
|||
---|---|---|---|
Panda Express | - | - | 4 min. à pied |
McDonald's | - | - | 4 min. à pied |
Chick-Fil-A | - | - | 4 min. à pied |
Jersey Mike's Subs | - | - | 5 min. à pied |
Dunkin' | Café | - | 4 min. à pied |
Starbucks | Café | USD | 5 min. à pied |
Wingstop | - | - | 6 min. à pied |
Taco Bell | Restauration rapide | - | 5 min. à pied |
Chipotle | - | - | 6 min. à pied |
TGI Fridays | - | - | 7 min. à pied |
LOCAL COMMERCIAL |
||
---|---|---|
Amazon Fresh | Supermarché | 2 min. à pied |
Marshalls | Grand magasin | 4 min. à pied |
Chase Bank | Banque | 6 min. à pied |
Dollar Tree | Magasin à prix unique/Friperie | 6 min. à pied |
Shoe Palace | Chaussures | 8 min. à pied |
Ralphs | Supermarché | 8 min. à pied |
Bath & Body Works | Parapharmacie | 8 min. à pied |
Petco | Soins/Toilettage des animaux | 8 min. à pied |
Smart & Final | Supermarché | 8 min. à pied |
United States Postal Service | Services commerciaux/Photocopies/Poste | 14 min. à pied |
HÔTELS |
|
---|---|
Four Points by Sheraton |
196 chambres
5 min en voiture
|
Holiday Inn |
405 chambres
4 min en voiture
|
Hilton Garden Inn |
282 chambres
4 min en voiture
|
Courtyard |
266 chambres
4 min en voiture
|
TAXES FONCIÈRES
Numéro de parcelle | 4103-001-001 | Évaluation des aménagements | 328 364 € |
Évaluation du terrain | 169 467 € | Évaluation totale | 497 832 € |
TAXES FONCIÈRES
Numéro de parcelle
4103-001-001
Évaluation du terrain
169 467 €
Évaluation des aménagements
328 364 €
Évaluation totale
497 832 €
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West Los Angeles Multifamily Development/JV | 5203 Knowlton St
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