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$ 26,500,000
Est. payment | /mo
88 Beds
88 Baths
61,326 SqFt
$ 26,500,000
Est. payment | /mo
88 Beds
88 Baths
61,326 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 61,326 sqft
Price per Sqft $432
MLS Listing ID 25589649
Bedrooms 88
HOA Y/N No
Year Built 2025
Lot Size 0.522 Acres
Property Description
This brand-new, recently completed mid-rise development offers the advantages of modern design, turnkey condition, and minimal maintenance requirements, allowing investors to operate seamlessly from day one. In a market where building has become increasingly difficult due to red tape, costly delays, legal hurdles, and the added pressures of Measure ULA, opportunities to acquire a large-scale, newly constructed apartment community are exceptionally rare. This property stands out as a unique chance to secure a turnkey investment in Los Angeles.Designed with residents in mind, the building features desirable amenities such as gated entry, laundry facilities, and ample covered parking a highly sought-after advantage in the city. Situated in an emerging neighborhood undergoing revitalization and economic growth, the property is well-positioned to attract long-term tenants while benefiting from the area's positive momentum. With rising rental demand fueled by limited affordability of homeownership, this investment offers both strong income potential and long-term appreciation.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAC2
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Microwave, Refrigerator
Exterior
Parking Features Gated
Community Features Gated
Total Parking Spaces 43
Building
Story 4
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction Yes
Others
Senior Community No
Tax ID 6016025001
Security Features Gated Community
Special Listing Condition Standard
Listed by Saadia 'Sam' Liberow Marcus & Millichap
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Cyrene Dellinger
REALTOR® | Lic# 01974789