The Windsor Apartments & Adjacent Land 4 Properties Offered at $27,882,427 CAD in Los Angeles, CA

Kidder Mathews is pleased to exclusively present the opportunity to acquire The Windsor Apartments, an iconic 74-unit multifamily asset with ground-floor retail and three adjacent parcels with development potential, located in the heart of Koreatown, one of Los Angeles’ most dynamic and highly desirable rental markets.
Situated at 3198 W 7th Street and 712, 718, and 724 S Catalina Street, The Windsor is comprised of 74 apartment units, ground-floor retail occupied by the renowned Prince Restaurant & Bar, and three adjacent parcels totaling approximately ±21,750 square feet with 74 parking spaces and potential future development opportunities. Buyer to verify.
Originally constructed in 1926, The Windsor is an architecturally significant six-story brick building showcasing distinctive 1920s Art Deco character, elegant design details, and timeless curb appeal. The improvements total approximately ±73,458 square feet and are situated on a combined ±38,425-square-foot lot, creating a rare opportunity to acquire both an irreplaceable historic multifamily asset and adjacent land in one of Los Angeles’ most supply-constrained urban submarkets.
Held by current ownership since 2012, The Windsor offers investors a compelling value-add opportunity with multiple avenues to increase income and enhance long-term value. The property features a desirable unit mix consisting of 48 studios, 25 one-bedroom/one-bath units, and one large two-bedroom/two-and-a-half-bath penthouse unit. Residents benefit from gated and controlled-access entry, an elegant lobby, a charming courtyard with a fountain and lush landscaping, well-designed units, on-site laundry facilities, and rare on-site parking.
While the asset has been well maintained and select units have been upgraded to varying degrees over the years, The Windsor remains an ideal candidate for a strategic renovation and repositioning program. A new investor has the opportunity to increase income through interior unit renovations, common area enhancements, amenity upgrades, implementation of RUBS to charge back utilities, ADU opportunities, and further operational efficiencies. The scale of the asset, combined with the adjacent parcels and embedded rental upside, provides a unique platform for both near-term value creation and long-term appreciation.
Adding to the property’s irreplaceable character, the ground-floor retail space is occupied by The Prince, one of Los Angeles’ most iconic restaurants and bars. Opened in the 1940s by legendary restaurateur Ben Dimsdale, The Prince became a popular destination for Hollywood elites during its heyday across from the former Ambassador Hotel and its famed Cocoanut Grove. The restaurant’s preserved Old Hollywood interiors, including red leather booths, a horseshoe-shaped bar, stained-glass paneling, and vintage red-and-gold wallpaper, have made it a beloved Los Angeles institution. Over the decades, The Prince has served as the backdrop for numerous films and television shows, including Mad Men, Chinatown, and New Girl, further enhancing the property’s cultural significance and appeal.
The Windsor is ideally located in the heart of Koreatown, one of Los Angeles’ most vibrant, walkable, and amenity-rich neighborhoods. The property is situated just one block from Wilshire Boulevard and is surrounded by acclaimed restaurants, nightlife, entertainment venues, cultural landmarks, hotels, bars, and neighborhood-serving retail. The asset also benefits from close proximity to the Wilshire/Vermont and Wilshire/Normandie Metro stations, providing excellent transit connectivity to Downtown Los Angeles, Hollywood, Westlake, Mid-Wilshire, and other major employment centers throughout the city.
The Windsor represents a rare opportunity to acquire an architecturally significant, legacy Koreatown asset with substantial scale, rare on-site parking, adjacent parcels with development potential, iconic ground-floor retail, and meaningful value-add upside in one of Los Angeles’ most active and high-demand rental markets.