900 Hilgard Ave

900 Hilgard Ave, Los Angeles, CA, 90024-3009, US

900 Hilgard Ave_Property for Sale


Asset Description

0.52-Acre Development Opportunity


Building area gross
1,666 m²
Year built

Investment Highlights

  • Ideally located
  • UCLA is #1 public university & #13 globally
  • Only 2 off-campus purpose-built student properties supporting UCLA
  • Under-supply of student housing beds
  • Privately-owned student housing rental rates increased by more than 30% over past 10 years
  • UCLA's student body grew 4% YOY
  • Proximity to key job nodes
  • Rents in this submarket are amongst highest in LA metro
  • Less than 1/2 miles from future subway
  • Reduced parking ratio per state law
  • Accessory dwelling units permitted in multifamily properties
  • Directly across street from UCLA Botanical Garden
  • Short car ride to Culver City, Santa Monica, Venice, and world famous LA beaches
  • Property is vacant
  • No replacement residential units needed

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Last updated
22 Feb 2023