Aven Apartments (2025)

Jones Lang LaSalle Americas, Inc., as exclusive advisor, is pleased to present for sale AVEN (the "Property"); a 100% market-rate Class A, 536-unit, high-rise investment opportunity located in the coveted South Park neighborhood of Downtown Los Angeles.

Completed in 2019, AVEN set a new standard in the Downtown submarket, marrying a top amenity package with best-in-class residences, earning the Property the prestigious 2020 Golden Nugget Award for best mixed-use high-rise. Located steps away from landmarks like Crypto.com Arena and LA Live, AVEN provides easy access to the city's vibrant art and culture scene. The ±422k SF, transit-oriented Property boasts 536 market rate residential units spread across 38 floors, offering breathtaking views of the Hollywood sign and the Downtown Los Angeles skyline. The Property features a diverse mix of living spaces, from studios to one- and two-bedroom units, crowned by three luxurious penthouses. At street level, ±12,455 SF of commercial space is occupied by service-oriented tenants including Orange Theory, South Park Pharmacy, and Pine & Crane, a trending restaurant chain (subsidiaries located in Silverlake & Highland Park). The crown jewel of AVEN is its seventh-floor California Deck, an expansive amenity space that blends indoor and outdoor living. This deck features retractable glass walls, double-sided fireplaces, and panoramic city views. Residents can enjoy a host of amenities on this level including a grand lounge, business center, fitness facilities, barbecue areas, a communal kitchen, dog facilities, outdoor sand volleyball court, professional-grade basketball court, and a resort-style pool and spa. For a more intimate experience, the 32nd-floor Ojai Deck offers a cozy outdoor lounge and fireside gathering space with sweeping urban vistas. AVEN also includes an 808-car parking garage, bicycle parking, and is conveniently situated near a Metro station. AVEN's innovative design incorporates an urban park and a public paseo, enhancing pedestrian accessibility and creating a sense of community.