Marketing Description
Downtown Los Angeles - Condominium High Rise Tower;
Is a bulk acquisition of a minimum of 10 units and a maximum of 50 Units, or the entire remaining units at 241;
Which is a mixed-use development of residential towers. Located in the Central Business District. This condominium complex, is reinvigorating the downtown experience. It is currently welcoming residents to its Tower, which feature a collection of studios, one-, and two-bedrooms that span up to 1,720 square feet. No matter which you choose, you’ll enjoy versatile floor plans designed for maximal light and space, top appliances and finishes, plus well over 100,000 square feet of combined indoor/outdoor amenities.”
The complex is within walking distance of Crypto Arena, LA Live and LA Convention Center;
Status Active
Location 800 S Figueroa St, Los Angeles, CA 90017
Type Multifamily
Asking Price$232,850,000
Earnest Money Deposit:1% min.
Investment TypeInstitutional
SubtypeApartment Building
ClassA
Square Footage232,000
Price/SqFt$1,003.66
Cap Rate6.00%
OccupancyVacant
Units540
Year Built2018
Buildings1
Stories38
Broker Co-OpYes
Price/Unit$431,203.70
OwnershipDeveloper
Sale ConditionFor sale by owner
Location
Enquiry
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