5825 Camerford Ave - Apartments FOR SALE


Los Angeles, CA 90038
$14,950,000 USD
424-653-1854
5825 Camerford Ave, Los Angeles, CA for Sale
$14,950,000 USD
Apartments - FOR SALE
1/13
null | 4.8% Cap Rate

5825 Camerford Ave
Los Angeles, CA 90038


OVERVIEW

Kidder Mathews, as the exclusive listing agent, is pleased to offer The Metropolitan at Larchmont Village, a 34-unit Class-A multifamily asset located just steps away from Larchmont Village. Located at 5825 Camerford Avenue, the asset presents an exceptional investment opportunity in one of Los Angeles’ most sought-after urban neighborhoods. Situated on a tranquil residential street near the intersection of Melrose Avenue and Vine Street, this property provides residents with a peaceful living environment while being conveniently walkable (with a 93 Walk Score) to the vibrant array of shops, dining, and attractions in Larchmont Village. The Metropolitan at Larchmont Village is a well-amenitized boutique luxury asset featuring a rooftop terrace with barbecue picnic area and cabana style lounges, community room with big screen TV lounge and table tennis, complimentary coffee bar, open central courtyard with resort-inspired lounge areas, state-of-the-art pet spa/dog wash area, electric vehicle chargers, and on-site leasing office among other features that are uncommon for an apartment community less than 50 units in size. The property’s prime location also offers residents easy access to over 100 million square feet of office space and numerous high-paying jobs in bustling employment centers such as Hollywood, West Hollywood, Beverly Hills, and Downtown Los Angeles, all reachable within a 5 to 20-minute drive. Additionally, it’s just a short 5-minute walk to Paramount Studios, a major local employer recently valued at over $8 Billion, and a quick drive to other major entertainment industry giants like Netflix, Viacom, HBO, CBS, CNN, and Capitol Records. In an area predominantly characterized by high-value single-family homes and luxurious estates—many of which are under historic preservation—homeownership is out of reach for most of the growing population. This dynamic further strengthens the demand for upscale rental properties. The Metropolitan at Larchmont Village addresses this demand with its thoughtfully designed residences that complement the neighborhood’s aesthetic and cater to contemporary renters' needs.

FOR SALE DETAILS

PRICE

$14,950,000 USD

PRICE/SF

$459 USD /SF

# OF UNITS

34

PRICE/UNIT

$439,706

CAP RATE

4.8%

% LEASED

79%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Metropolitan at Larchmont Village

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2017

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

R3-1XL

APN/PARCEL ID

5534-034-046

ASK ABOUT THIS PROPERTY

Darin BeebowerKidder MathewsMore Info
424-653-1854

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Darin BeebowerKidder MathewsMore Info
424-653-1854

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