Canvas LA_Propriété à vendre
Canvas LA_Propriété à vendre
North Beaudry Avenue 138, Los Angeles, CA, 90012, US

Canvas LA

Description de l'actif

JLL, as exclusive advisor, is pleased to present for sale Canvas LA (the “Property”), a 210-unit vibrant community located within the City West neighborhood of Downtown Los Angeles. The Property represents a rare opportunity to acquire a 2008 vintage asset with the ability to continue current ownership’s proven renovation plan, capturing rental upside in the remaining ±73% (154-units) of units to be renovated. Premium renovated units feature stainless steel appliances, quartz countertops, subway tile backsplash, modern cabinetry, and pendant lighting. With a diverse unit mix ranging from Studios to 3-Bedroom conventional, live-work, and townhome style units, Canvas LA has with spacious floorplans, boasting an average unit size of ±849 SF. Equipped with a partially-renovated amenity set, Canvas LA’s residents can enjoy scenic city views from the Skydeck, a resort-style pool surrounded by cabanas, games within the resident clubhouse, films inside the private theater room, coworking space, the fitness center, and much more.


The Property’s micro-location of City West provides tenants with the convenience of direct access to trendy dining options, creative office spaces, world-renowned education institutions, and entertainment venues located in Downtown Los Angeles, including Staples Center, the Walt Disney Concert Hall, and the Arts District, while also providing a quiet and safe atmosphere. Moreover, with immediate access to the 110 & 101, residents at Canvas LA are able to easily & efficiently access major employment hubs and cultural centers such as Hollywood, Pasadena, Burbank, Glendale, Culver City, and West LA. The combination of Canvas LA’s rental upside and ideal micro-location will allow for durable growth and outsized returns to new ownership.

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Attributs

Nombre d'unités
210 unités
Année de construction
2008
Superficie du bâtiment nette
16 571 mètres carrés
Superficie du terrain brute
0,82 ha

Média

Points forts de l'investissement

Please view Executive Summary for Investment Highlights.

Canvas LA 4_Propriété à vendre
Canvas LA 4_Propriété à vendre

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Canvas LA (0 Propriétés)
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Dernière mise à jour
2 mai 2024