Kidder Mathews is pleased to present an exceptional opportunity to acquire The Langham, an iconic, architecturally significant 181-unit apartment building located at 715 S Normandie Avenue in the vibrant heart of Koreatown, one of Los Angeles’ most dynamic and rapidly evolving neighborhoods. While this seven-story, meticulously maintained property has undergone substantial renovations, the opportunity still offers immense value-add potential. The building boasts a diverse and highly desirable unit mix, including 27 efficiency units, 102 studios, 44 one-bedroom/one-bath units, 7 two-bedroom/one-bath units, and a grand 5-bedroom, 6-bath penthouse, catering to a wide range of tenants. Built in 1927 by Callahan & Sons, The Langham is a true architectural landmark, exuding timeless elegance and grandeur. The building's stunning Art Deco-inspired grand lobby, meticulously restored, provides a glimpse into its storied past. The lobby’s design is said to be a replica of the Davanzati Palace in Florence, Italy, further solidifying the building’s place in Los Angeles' cultural history. Residences within The Langham are spacious and filled with natural light, featuring floor-to-ceiling windows, original hardwood floors, and thoughtful layouts that blend vintage charm with modern conveniences. The building’s crown jewel, a massive penthouse unit, offers unparalleled luxury with sweeping panoramic views of the city skyline. With further renovation opportunities, the property presents significant upside potential through unit upgrades, common area enhancements, added amenities, and the implementation of RUBS. A strategic renovation program will provide investors the chance to reposition and maximize the property’s income potential. The Langham’s storied past includes being the former residence of icons such as President Ronald Reagan and Clark Gable, cementing its status as a distinguished landmark in Los Angeles. The property’s iconic status is further underscored by its appearances in numerous films and television shows. Residents enjoy exceptional amenities, including a rooftop swimming pool and deck with breathtaking city views, a fitness center, a newly designed game room and lounge, a beautifully restored lobby, and a serene garden. Notably, The Langham boasts one of the world’s first rooftop pools. Ideally situated in the heart of Koreatown, The Langham is surrounded by an array of world-class restaurants, entertainment venues, cultural landmarks, and shops. Tenants enjoy easy access to transportation with the Wilshire/Normandie and Wilshire/Western Metro Stations just a short distance away, and Wilshire Blvd only a block away. With its rich history, architectural significance, and substantial value-add potential, The Langham represents an extraordinary investment opportunity for those seeking a trophy asset in one of Los Angeles' most sought-after neighborhoods. *Concrete construction | A non-ductile concrete retrofit is required.