310-595-3642
1100 W Temple St, Los Angeles, CA for Sale
Apartments - FOR SALE
1/37
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1100 W Temple St
Los Angeles, CA 90012
City West


HIGHLIGHTS

  • Brand New Construction in the Heart of LA's Trendiest Neighborhood
  • Rare Core Opportunity: Institutional Quality Asset Priced Below Replacement Costs
  • Phenomenal Unit Mix: Mostly 1-Bedroom and 2-Bedroom Units
  • Premier Community Amenities: State-of-the-Art Fitness Center, Panoramic Views of DTLA, Resident Clubhouse, Sky Deck, Outdoor Grills, Televisions, etc.
  • Multi-Modal Transportation Network: Two Blocks Away from the Sunset / Bellevue Metro 4 Bus Route and a WalkScore of 80

OVERVIEW

CALL FOR OFFERS: OFFERS DUE APRIL 23, 2025 Jones Lang LaSalle Americas, Inc., as exclusive advisor, is pleased to present for sale The Charlie Echo Park* (the “Property”, the “Charlie”), a brand new 54-unit investment opportunity ideally located in the trendy Echo Park neighborhood of Los Angeles, CA. The Charlie presents an attractive opportunity to acquire a class A asset seconds from the largest employment hub on the west coast. Completed in 2022, The Charlie Echo Park set a new standard for premium living in the Echo Park neighborhood, evidenced by the Property’s market-leading 94% current occupancy. Homes are equipped with top-of-the-line amenities including a six-burner gas range, full-size stainless-steel fridge/ freezer, and in-unit front loading washer & dryers, complemented by tasteful finishes and matte black fixtures. Homes were designed to maximize natural light, each with expansive 10’-11’ ceiling and large windows, providing an ideal living experience. The Property features a unique Skydeck on the seventh floor known as “The Charlie Club," providing unmatched views of the DTLA skyline and outdoor lounge space. The asset was built by LaTerra Development, a leading institutional-grade investor responsible for the construction and management of over 3,000-units nationally. The Charlie is well-located on the corner of Beaudry Avenue and Temple Street, equidistant to both the 101 and 110-highways, and adjacent to the Temple/ Beaudry DASH bus stop. The Charlie brings urban convenience to the desirable community of Echo Park, minutes from the renowned Echo Park Lake and within a mile of the Los Angeles Dodgers home stadium, creating unmatched demand drivers. There are only two 50+ unit properties under construction within the Echo Park Submarket, making The Charlie a rare opportunity for a private investor to acquire an institutional-quality asset. *Note that the name "The Charlie" is not for sale and cannot be assumed by new ownership

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

54

CAP RATE

Request Cap Rate

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Charlie - OFFERS DUE APRIL 23, 2025

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

8

YEAR BUILT

2022

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

LACW

APN/PARCEL ID

5160-025-001

ASK ABOUT THIS PROPERTY

310-595-3642

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310-595-3642

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