
Las Positas
352 Townsite Promenade, Camarillo, CA, 93010-7727, US
213 Einheiten
Jones Lang LaSalle Americas, Inc., as exclusive advisor, is pleased to present for sale Wallace on Sunset (the “Property”, “Wallace”), a luxury 200-unit Class A community offered at a significant discount to replacement cost located within the bustling entertainment capital of the world, Hollywood, CA.
Delivered in 2021, Wallace on Sunset introduced a new standard of Class A living to the high barrier to entry Hollywood submarket. The Property is comprised of an efficient mix of studio, 1-, 2- and 3-bedroom floor plans, which altogether average ±728-SF. Homes at Wallace were thoughtfully designed to appeal to Hollywood’s class of affluent professionals, evidenced in the Property’s impressive 98.00% occupancy (September
24th, 2025, Rent Roll). Now, with the Hollywood supply pipeline shutoff, Wallace’s below market rents are poised to benefit from future growth.
Situated along Sunset Boulevard, Wallace’s locational excellence is underscored by its 100% occupied ground floor retail suite home to Panini Kabob Grill, while also placing residents within walking distance of Trader Joe’s and Bristol Farms, earning the Property a remarkable 96 WalkScore and 71 TransitScore. Wallace on Sunset exemplifies a differentiated level of quality and attention to detail, blending urban convenience with refined living.
JLL is simultaneously marketing the adjacent ±39,063-SF historic Earl Carroll Theatre. Offers will be considered on an individual asset basis or for the collective portfolio.
• Rare, 200-Unit Class A Community Offered at a Discount to Replacement Cost
• 2021-Vintage with Best in Class Amenities & Finishes
• Durable Cash Flowing Asset With ±98% Occupancy and Rental Upside
• Central to the World-Renowned Hollywood, CA Resulting in a 96 WalkScore
• Surrounded by Premiere Entertainment Employers Including Netflix, CBS, HBO and More
• Lowest New Supply Pipeline in Hollywood in Over a Decade