Sentral DTLA 732 and 755_Property for Sale
Sentral DTLA 732 and 755_Property for Sale
Los Angeles, CA, US, Americas

Sentral DTLA 732 and 755

Portfolio description

Jones Lang LaSalle Americas, Inc., as exclusive advisor, is pleased to present the offering of Sentral DTLA (the "Portfolio"), two recently constructed, 300-unit & 275-unit, ultra-luxury multi-housing communities located in Downtown Los Angeles with 16,298 square feet of ground floor retail. Available at a significant discount to replacement costs, Sentral DTLA may be purchased as a portfolio or individually.

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Attributes

Year built
2018
Sentral DTLA 732 and 755 (2 Properties)
Sentral DTLA 732 and 755 (2 Properties)

Media

Investment Highlights

Resurgence of Downtown Los Angeles: Sentral DTLA is perfectly positioned to take advantage of all the city has to offer as it quickly recovers from the COVID-19 pandemic.

  • Best-in-Class Residences: Opening its doors in 2018, Sentral DTLA presents the ultimate living experience, offering spacious and luxurious residences with floor-to-ceiling windows, fully equipped kitchens, and high-end finishes.
  • Full-Service Amenity Package: The iconic community has set a new standard with its endless amenity offering, highlighted by zero-edge resort-style pools, spa, two-story fitness center, high-end lobbies, coworking spaces, and rooftops with observatories and lounges. 
  • A Renter's Amenitized Paradise: Sentral DTLA occupies a prime location on the corner of South Spring Street and 8th Street, resulting in a walk score of 98 and a transit score of 100. The Portfolio is not only lifestyle oriented, but also offers a significant discount relative to similar high-rises throughout Los Angeles, making it an attractive value-proposition for prospective renters.
  • High-Rise Supply Pipeline: Soaring construction costs and complicated development regulations have led to a steep decline in new projects, cementing Sentral DTLA as one-of-a-kind assets poised to grow rents now that evictions have decreased by 92%.
  • The New Hub for Educational Institutions: Sentral DTLA provides easy access to USC, FIDM, CSULA, or ASU and UCLA's nearby satellite campuses, for those residents still attending school.
  • World-Class Entertainment and Event Destination: The eyes of the world will be on DTLA as Los Angeles hosts the 2026 World Cup, 2026 NBA All-Star Game at the newly-built Clippers Arena, 2027 Superbowl, and the 2028 Olympics, while lodging for athletes and media will drive rental demand for flexible furnished units like those at Sentral DTLA.
  • Proximate to DTLA’s Unrivaled Food Scene: The immediate area is home to a diverse range of culinary experiences, claiming nine of the twenty-three Michelin-starred restaurants in all of Los Angeles.
  • Downtown Los Angeles Employment: The Portfolio's positioning places residents close to the city's largest employers such as Wells Fargo, Uber, and Deloitte as they return to the office. Office attendance continues to rise, while 2023 visitor volume registered 98% of pre-pandemic levels.


Sentral DTLA 732 and 755 4_Property for Sale
Sentral DTLA 732 and 755 4_Property for Sale

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Last updated
26 Jun 2024