REDUCED $1,300,000 FROM ORIGINAL LISTED PRICE! Azure The Residences Apartments is a 28-unit multi-family investment property in Del Rey, one of LA's most desirable Westside neighborhoods. The property is a new contemporary building with an impressive list of features and amenities including a +/- 4,000 sqft rooftop lounge with 360-degree views of DTLA, Marina Del Rey, Hollywood Hills, and the San Gabriel Mountains. Built in 2014, the 43,096 sqft building offers a sleek contemporary design with great curb appeal and is situated on a 16,851 sqft, LAR3 zoned lot that includes 53 garage parking spaces. The unit mix is comprised of 24 (3 bed + 2 bath), 1 (2 beds + 2 bath), and 3 (1 bed + 1.5 bath) units, jointly averaging 1,539 sqft. This is an exceptional asset in an extremely high demand/strong rental growth market and rapidly improving neighborhood, ideally positioned to capitalize on the Silicon Beach tech industry and rapid development in the immediate vicinity.
- Price:
- $17,900,000
- Acreage:
- 0.38
- Year Built:
- 2014
- Listing ID #:
- 20632958
- Street Address:
- 11900 Courtleigh Dr
- City:
- Los Angeles
- State:
- California
- Postal Code:
- 90066
- County:
- Los Angeles
- Community:
- Marina Del Rey
- Listing Status:
- Active
- Building Faces:
- North
- Building Security:
- Gated Community, Card/Code Access, Fire And Smoke Detection System, Smoke Detector(s), Fire Sprinkler System
- Construction Description:
- Stucco
- Flooring:
- Wood
- Number Of Floors In Unit:
- Multi/Split
- Number Of Units:
- 28
- Stories:
- 5
- Style:
- Contemporary
- Total # Of Buildings:
- 1
- View:
- Coastline, City Lights, Mountain(s), Marina, Ocean
- Year Built:
- 2014
- Expenses:
- 361126.00
- Gross Income:
- 1088202.00
- Net Operating Income:
- 727076.00
- Approximate Lot Size Range Source:
- Assessor
- Conforms To Zoning:
- Lar3
- Lot Features:
- Landscaped
- Lot Square Footage:
- 16851.00
- Days On Market:
- 246
- On Market Date:
- 2020-09-21
- Originating Mls:
- Cl
- Previous Listing Price:
- 18500000.00
- Hoa Fee Includes:
- Pet Rules, Controlled Access, Fire Pit
- Price Per Square Foot:
- 415.35
- Tenant Pays:
- Gas, Electricity
- Bedroom Description:
- Living Room, Master Bathroom, Walk-In Closet
- Garage Parking Spaces:
- 53.00
- Parking Description:
- Garage
- Parking Spaces:
- 53.00
- Appliances:
- Microwave, Refrigerator, Oven, Range
- Cooling System:
- Central Air
- Has Central Air Conditioning:
- 1
- Heating:
- Central
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Matthew R. Kanner of Keller Williams Realty Los Feliz (: 01349203)
