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Apartments For Sale • 13,068 SF
| Non-Rent-Controlled Asset: Built in 1991 and exempt from the City of Los Angeles Rent Stabilization Ordinance (AB 1482 applies) |
| Significant Discount to Value: Being offered at a substantial discount to both current replacement cost and pre-fire valuations |
| Strong Leasing Upside: With only 6 tenants remaining, a buyer can immediately re-tenant the majority of units at top-of-market rents. |
| Desirable Unit Mix: Includes ten oversized 2-bed/2- bath units and three spacious 1-bed/1-bath units |
| Gated Subterranean Parking: On-site gated parking is exempt from mandatory soft-story retrofit requirements |
| Palisades Rebuild Opportunity: Rare chance to be part of the transformation and revitalization of Pacific Palisades following the fire |
| Total Expenses: | $161,944 USD |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 25 min | - | 13.2 mi |
| Bob Hope | 38 min | - | 22.1 mi |
| Long Beach (Daugherty Field) | 45 min | - | 33.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 23 |
| Type: | Covered |
| Included in Rent: | Yes |
