Listed by Jason Kim, The Agency,

3057 W Pico Boulevard

Los Angeles, CA, 90006

$32,000,000

$591 per ft²
$32,000,000
$591 per ft²
Active
Active
 - For Sale
carpenters-square
54,143 ft²
property_type
Multi-family
calendar
Built 2022
PRICE REDUCED!!! MOTIVATED SELLER, BRING ALL OFFERS~!!!!! Proudly presenting The Decollage, a brand NEW 51 unit mixed-use development WITH NO LOW INCOME UNITS, located in booming Koreatown in Los Angeles! Leasing of the units have commenced and expected to have the building stabilized soon. The Decollage has approximately 3,500 sq ft of ground floor commercial space with a separate parking lot with 16 spaces dedicated solely for the commercial space. 5 levels of apartments sit above the commercial space with a generously spacious unit mix of 16 1bd/1ba, 28 2bd/ba, 7 2bd/2ba+loft with a total of 116 parking spaces. The building amenities include an open courtyard, gym, recreation room, and roof decks for tenants. The Decollage Apartments is located in a very convenient and central location. Decollage Apartments are within 2.5 miles from the Staples Center & LA Live, very close to USC, UCLA, easy access to major freeways, public transportation, and plenty of markets, and restaurants. No low-income units in the building or any deed-restricted units, all 51 units will be available at current market rates and is non rent-controlled. Minimal expenses for the owner as each unit is individually metered for electricity, gas, and sub-metered for water. Don't miss out on this excellent opportunity!
MLS® ID:
22166673
Listed:
6/9/22
Updated:
8/16/22

Interior Features

Kitchen Appliances
Dishwasher, Disposal, Microwave
Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Stacked
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
0.49 acres lot
Architectural Style
Contemporary

Other Property Details

Area Name
C17 - Mid-Wilshire
HOA Amenities
Gated
Garage
No
Parking
Assigned, Controlled Entrance, Community Structure
Parking Total
116.0
View
Y
County
Los Angeles
Pool
No
Total Stories
6

Property History

Date
Event
Price
Value
7/14/22
Price Change
$32,000,000
-8%

 

Listed by Jason Kim, The Agency,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/16/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 3:47 AM UTC, 8/16/22

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