La Belle Hollywood Tower

Jones Lang LaSalle, as exclusive advisor, is pleased to present for sale La Belle Hollywood Tower (the “Property”), a luxury apartment community located in the world-renowned submarket of Hollywood. Built in 2010 and featuring 146 units, the Property offers a rare opportunity to own a meaningful piece of coveted Hollywood real estate. The Property, with its European boutique hotel styling, features best-in-class finishes across its spacious studio, one-bedroom, and two-bedroom units ranging from 555 SF to 1,211 SF and averaging 816 SF. The community offers an impressive amenity set including a zero-edge pool and twilight spa with underground speakers, outdoor fireplace lounge, state-of-the-art fitness center, club room, dog walk, and an amazing views of the Hollywood Hills. Following its opening in 2010, the Property won several design awards including Architectural Art Award (Hollywood Arts Council, 2011), Editor’s Choice Award, ‘Best in Show’ (Multifamily Executive, 2010), and Project of the Year (Multifamily Executive, 2010). 

Positioned within the heart of the entertainment capital of the world, La Belle’s residents enjoy immediate access to lucrative employment opportunities across production studios and other creative offices. With a ‘Walker’s Paradise’ Walk Score of 91 and convenient access to high-end shopping centers, renowned dining establishments, and famed entertainment venues, residents of La Belle want for nothing. This combination of superior asset quality, desirable micro location, limited competing supply pipeline, and proximity to top-tier employment has resulted in impressive property-level operations with notably low economic loss, strong renter demographics, and remarkably impressive lease trade-outs.