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Multifamily

1070 Holt

Los Angeles, CA

29 Units

Built in 2020

Core

Investment Highlights

  • High Barriers to Entry – Strict regulations, low density zoning areas, and historical preservation rules surround the Property which makes new projects in this strategic pocket of Los Angeles exceedingly rare. Of this area's multifamily zoned properties, 95% are rent controlled and any new development replacing these existing buildings would be negatively affected by SB330.
  • Game-Changing Metro Line Extension Less than a Mile from the Property – Over 50 years in the making, the D Line (formerly the Purple Line) is coming on-line in the next few years. For the first time in Los Angeles history, residents of the Property will be able to freely access Beverly Hills, Century City, Downtown LA, and Westwood through an interconnected subway system. As industry expert studies have shown with transit-oriented locations, the area surrounding the property will benefit from a
  • Luxury Amenities with Breathtaking 360° Views of Los Angeles and the Century City Skyline
  • As a vacant building, 1070 Holt offers numerous opportunities to maximize revenue apart from conventional multifamily, including co-living, operating short term/corporate housing, or condo conversion
  • Central to Three Iconic LA Locations – The Property is a 2 to 10-minute drive to three of the most popular and prestigious areas in Los Angeles: Beverly Hills, West Hollywood, and Miracle Mile.

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