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208-210 W 14th St
Los Angeles, CA 90015
Casa Loma LA Apartments · Build-to-Rent Property For Sale
·
60 Units
PROPERTY FACTS
| No. Units | 60 | Total Plot Size | 0.15 ac |
| Property Type | Build-to-Rent | Property Size | 23,280 sq ft |
| Property Subtype | Apartment | Average Occupancy | 92% |
| Apartment Style | Mid-Rise | No. Floors | 4 |
| Costar Property Class | B | Year Built | 1914 |
| Use Class | C2-2D-O - Commercial Zoning (Buyer to Verify) | ||
| No. Units | 60 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | B |
| Total Plot Size | 0.15 ac |
| Property Size | 23,280 sq ft |
| Average Occupancy | 92% |
| No. Floors | 4 |
| Year Built | 1914 |
| Use Class | C2-2D-O - Commercial Zoning (Buyer to Verify) |
AMENITIES
UNIT AMENITIES
- Microwave
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Sprinkler System
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Walking/Biking Trails
- Lift
- Maintenance on site
- Online Services
- Smoke Detector
ABOUT 208-210 W 14TH ST , LOS ANGELES, CA 90015
Pacific Partners Real Estate Investments, as exclusive agent, is pleased to present for sale the Casa Loma, a 60-unit apartment community/hotel in the rapidly developing South Park district of Downtown Los Angeles. Blocks away from AEG’s $1.2-billion expansion at L.A. Live, the Casa Loma is also directly adjacent to two large mixed-use developments, including Jade Enterprises’ .67 acre “Emerald” project. Not featured on the market in nearly 20 years, the Property, constructed in 1921, consists of 60 units above four retail stores. All the units are currently operating as rent-controlled apartments. The original Certificate of Occupancy specifies that the building is a “4 Story, Class C, 65 rooms, Hotel and Stores”. Buyer retains the option to either continue to operate the building as a rent-controlled apartment with significant upside or investigate the possibility of returning the property to its original usage. The Property is master-metered for both gas and electric. Major systems upgrades include a newly-installed elevator, copper plumbing, and updated electric.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 30 | - | 708 |
PROPERTY TAXES
| Parcel Number | 5134-024-001 | Improvements Assessment | £522,206 |
| Land Assessment | £311,097 | Total Assessment | £833,302 |
PROPERTY TAXES
