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Property Description

The exclusive listing agent is proud to present a rare opportunity to acquire a trophy-quality, newly constructed (2023 CofO) 8-unit apartment building in the highly sought-after Pico Robertson neighborhoodone block to Beverly Hills.Built to an exceptional standard, this 13,105 SF luxury asset features an ideal unit mix: one expansive 32 penthouse, four 32 units, two 22s, and one 11. With only two units per floor, the building offers a sense of privacy and exclusivity rarely found in multifamily investments. Each unit is thoughtfully designed with high-end finishes and modern conveniences: *Central HVAC *In-unit washer/dryers *Large, open-concept kitchens with dual sinks and dishwashers (excluding the 11) *Remote-controlled fireplaces *Dual-pane windows that flood the units with natural light and offer stunning views of DTLA and the surrounding neighborhood. Additional amenities include ample parking (16 spaces), an elevator, and a Walk Score of 96placing residents steps away from some of the areas most desirable restaurants, including Lennys Casita, Trattoria Natalie, and Shilohs Bistro & Garden.With high-quality construction, a core-plus location, and strong tenant appeal, this asset stands out as a premier investment in one of L.A.s most stable and supply-constrained submarkets. Highlights: *Prime Westside Location Adjacent to Beverly Hills Located steps from the Beverly Hills border, the property sits within one of LAs most stable rental corridorsoffering low vacancy, premium rents, and long-term value retention. *Brand-New 2023 Construction Turnkey Asset Delivered with Certificate of Occupancy in 2023, the building offers little deferred maintenance, optimal systems efficiency, and full compliance with the latest codes. * Robust Parking & Building Infrastructure Rare 2:1 parking ratio (16 spaces), secured access, elevator, and dual-pane windows reflect quality of construction and modern tenant expectationssupporting long-term rent stability and tenant satisfaction. * Exceptional Lifestyle Access & Walkability With a Walk Score of 96, tenants enjoy immediate access to high-demand dining, boutique retail, and cultural institutions all within close distance. *Owner User Opportunity With 4 of the 8 units currently vacant, investors have the rare chance to immediately bring in high-quality tenants at market rents without waiting for turnover.

Provided by Homes and Land
Los AngelesCalifornia
Address Map
USA
CA
Los Angeles
90035
90035

1063 S Wooster St

Los Angeles, California, 90035, United States

$7,340,000
Listing ID #1922153
Basic Details
Property Type : Residential
Listing Type : Forsale
Listing ID : 1922153
Ref ID : 3306704
Price : $7,340,000
MLS : 1fdf7ea73390372f066f3e99b5c94f27
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