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Investment Highlights

  • Priced 30% Below Replacement Cost - At $364,286 per unit and $449 per SF, 1350 West Court offers a compelling basis 30% below replacement cost.
  • Delivered Vacant - Acquire the Property vacant and control the initial lease-up, providing a clear path to value-add-level returns.
  • 90026 Home Values Up 62% Since 2019 - Home values have risen 62% since 2019, supporting demand for high-quality new-construction rentals.
  • Middle Market New Construction/RSO Exempt - Non-RSO new-construction buying opportunities have declined 50% since ULA took effect.
  • 18.4% Projected Rent Growth - Echo Park/Westlake effective rents are projected to grow 18.4% through Q2 2031, supporting lease-up and upside.
  • Strategic Eastside Positioning - Located where Echo Park, Silver Lake and Chinatown converge, minutes from leading amenities and employment centers.

Executive Summary

1350 West Court is a 70-unit, 2026-built multifamily community in Echo Park and not subject to Los Angeles RSO. Offered at $25,500,000, the Property is priced at $364,286 per unit and $449 per square foot, approximately 30% below estimated replacement cost. 1350 West Court gives investors immediate control over the initial lease-up, rents, concessions, and unit positioning without inheriting legacy leases.
Positioned at the intersection of Echo Park, Silver Lake, Koreatown, Historic Filipinotown, and Chinatown, 1350 West Court sits in one of Los Angeles’ most connected and culturally dynamic pockets. The surrounding neighborhood has attracted James Beard Award-nominated and Michelin-recognized restaurants, cementing its status as one of the city’s most sought-after lifestyle destinations.
The Property arrives as part of a short-term wave of new supply that has largely caught up to Echo Park’s growing demand. With only 192 units projected for delivery in 90026 over the next five years, the forward supply-demand imbalance strongly favors rent growth and long-term appreciation. Residents benefit from direct connectivity to the region’s leading employment and lifestyle centers, alongside the continued expansion of restaurants, retail, and residential development surrounding the Property.
**Please fill out the Confidentiality Agreement and email the listing agent the executed document to gain access to the OM.

Data Room Click Here to Access

Property Facts

Price $35,916,494 CAD
Price Per Unit $513,093 CAD
Sale Type Investment
No. Units 70
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.38 AC
Construction Status Under Construction
Building Size 56,759 SF
No. Stories 6
Year Built 2026
Parking Ratio 1/1,000 SF
Zoning R4 (CW)-75/3; TOC Tier I

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Heating
  • Kitchen
  • Range
  • Tub/Shower
  • Views
  • Patio

Site Amenities

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Roof Terrace
  • Elevator
  • Lounge
  • Sundeck
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 20 - 433
1+1 20 - 487 - 517
2+1 5 - 695 - 698
2+2 24 - 669 - 815
3+1 1 - 704
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
5160-011-018
Land Assessment
$4,752,869 CAD
Improvements Assessment
$7,324,148 CAD
Total Assessment
$12,077,017 CAD
  • Listing ID: 41400031

  • Date on Market: 2026-07-22

  • Last Updated:

  • Address: 1350 W Court St, Los Angeles, CA 90026

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