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888 Hilgard 888 Hilgard Ave 60 Unit Apartment Building For Sale Los Angeles, CA 90024
Investment Highlights
- Institutional-Quality Asset in Westwood | 60-unit generational trophy multifamily community located in the heart of Westwood
- Significant Capital Improvements | Over $5 million invested in a comprehensive renovation (2014– 2015)
- Walkable Access to Westwood Village | Steps from Westwood Village, featuring over 1 million square feet of retail, dining, and entertainment
- Flexible Operating Strategy with Upside | Currently operated as a short-term rental (STR) community, with multiple execution paths
- Direct Proximity to UCLA | Irreplaceable location directly across from the University of California, Los Angeles
- Prestigious Surrounding Neighborhoods | Positioned among Los Angeles’ most prestigious residential enclaves, including Beverly Hills Gateway
Executive Summary
David Harrington
License # 01320460, 02168060 (CA)
Matthews
1600 West End Ave., Ste. 1500, Nashville, TN 37203
(866) 889-0550
Owner has authorized us to offer a Co-Op Brokerage Fee equal to Three Hundred Thousand Dollars ($300,000).
License # 01320460, 02168060 (CA)
Matthews
1600 West End Ave., Ste. 1500, Nashville, TN 37203
(866) 889-0550
Owner has authorized us to offer a Co-Op Brokerage Fee equal to Three Hundred Thousand Dollars ($300,000).
Property Facts
| Sale Type | Investment | Lot Size | 0.51 AC |
| No. Units | 60 | Building Size | 50,005 SF |
| Property Type | Multifamily | Average Occupancy | 62% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1976/2015 |
| Building Class | B | Parking Ratio | 1.52/1,000 SF |
| Sale Type | Investment |
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.51 AC |
| Building Size | 50,005 SF |
| Average Occupancy | 62% |
| No. Stories | 4 |
| Year Built/Renovated | 1976/2015 |
| Parking Ratio | 1.52/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Fireplace
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Vaulted Ceiling
- High Speed Internet Access
- Stainless Steel Appliances
- Range
- Tub/Shower
- Dining Room
- Patio
- Smoke Free
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Fitness Center
- Pool
- Property Manager on Site
- Spa
- Gated
- Video Patrol
- Dry Cleaning Service
- Recycling
- Maintenance on site
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 52 | $6,229 CAD | 795 |
| 2+2 | 8 | $9,169 CAD | 1,081 |
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Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4360-007-029 | Improvements Assessment | $7,737,496 CAD |
| Land Assessment | $28,550,355 CAD | Total Assessment | $36,287,850 CAD |
Property Taxes
Parcel Number
4360-007-029
Land Assessment
$28,550,355 CAD
Improvements Assessment
$7,737,496 CAD
Total Assessment
$36,287,850 CAD
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888 Hilgard | 888 Hilgard Ave
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