1063 S Wooster St - Apartments FOR SALE


Los Angeles, CA 90035- Pico-Robertson
$8,250,000 USD
818-390-4181
1063 S Wooster St, Los Angeles, CA for Sale
$8,250,000 USD
Apartments - FOR SALE
1/35
null | 3.92% Cap Rate

1063 S Wooster St
Los Angeles, CA 90035
Pico-Robertson


HIGHLIGHTS

  • NEWER CONSTRUCTION 2023 CofO – not subject to rent control
  • ATTENTION TO DETAIL W/D in unit, modern fireplaces in the living room, ample parking (16 spaces), most units have dual sinks and dishwashers, Garage
  • IDEAL UNIT MIX One 3+2 penthouse, for 3+2’s, two 2+2’s and one 1+1
  • CORE LOCATION 2.5 Blocks southeast of Beverly Hills
  • WALK SCORE OF 96 Walker’s Paradise – Daily Errand’s do not require a car – steps to LA and BH supermarkets and restaurants
  • MOSTLY VACANT 5 out of 8 units vacant – multiple options to either condo map the building and sell off individually or achieve top market rent day 1

OVERVIEW

Marcus & Millichap is pleased to present a recently built (2023 CofO) 8-unit apartment building nestled in Pico Robertson 2 blocks southeast of the Beverly Hills border. The large 13,105 square feet building boasts an ideal unit mix consisting of one 3+2 penthouse unit, four 3+2’s, two 2+2’s and one 1+1. The attention to detail has been paramount as the spacious units have central heating and cooling, washer dryers in unit and huge open floor plan kitchens where most units (all besides the 1+1) have dual sinks and dual dishwashers. The asset has striking views of DTLA as well as the surrounding neighborhood as you can see from the dual pane windows that soak in the abundance of natural light. The asset is in an ideal location south of Olympic on Wooster east of Robertson and west of La Cienega with a 96 walk score steps to sought after eateries like Lenny’s Casita, Trattoria Natalie, Shiloh’s Bistro & Garden.

FOR SALE DETAILS

PRICE

$8,250,000 USD

PRICE/SF

$630 USD /SF

# OF UNITS

8

PRICE/UNIT

$1,031,250

CAP RATE

3.92%

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2023

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

LAR3

APN/PARCEL ID

4332-016-034

ASK ABOUT THIS PROPERTY

Eli AppelMarcus & MillichapMore Info
818-390-4181

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Eli AppelMarcus & MillichapMore Info
818-390-4181

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.