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1063 Wooster Street, Los Angeles, CA 90035
Priced at Only: $7,340,000
For more Information Call Mobile: 714.478.6676
Address: 1063 Wooster Street, Los Angeles, CA 90035
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  • MLS#: 25568667 ( )
  • Street Address: 1063 Wooster Street
  • Viewed: 4
  • Price: $7,340,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2023
  • Bldg sqft: 0
  • Days On Market: 89
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90035
  • Provided by: Marcus & Millichap
  • Contact: Eliyahu Eliyahu
  • California Regional MLS IDX
  • DMCA Notice
  • 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 3+2 penthouse, four 3+2 units, two 2+2s, and one 1+1. 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 1+1) *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 area's most desirable restaurants, including Lenny's Casita, Trattoria Natalie, and Shiloh's 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 LA's 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.
Features
Building Area Total
  1. 13105.00
Country
  1. US
Heating
  1. Central
Laundry Features
  1. Washer Included
  2. Dryer Included
Levels
  1. Three Or More
Netoperatingincome
  1. 279944.00
Parcel Number
  1. UNAVAILABLE
Parking Features
  1. Garage
Postalcodeplus4
  1. 1503
Sourcesystemkey
  1. 25568667:CLAW
Totalexpenses
  1. 115816.00
Year Built
  1. 2023
Year Built Source
  1. Other
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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