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    11900 Courtleigh Dr

    Los Angeles, CA 90066
    • $19,200,000
    • STATUS: Active
    • ON SITE: 64 days
    • ID#: 20-632958
    UPDATED: 60 min ago
    $19,200,000
    • 77
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 43,096
      SQFT
    • $446
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2014
    County:

    School Ratings & Info

    Description

    Azure The Residences Apartments is a 28-unit multi-family investment property located in the submarket of 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 a rapidly improving neighborhood, ideally positioned to capitalize on the Silicon Beach tech industry and rapid development in the immediate vicinity.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-25T07:42:16.287. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/110237755
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    11900 Courtleigh Dr Los Angeles, CA 90066

    • Price: $19,200,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: 20-632958
    77
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    43,096
    SQFT
    $446
    $/SQFT
    2014
    Built
    Neighborhood:
    Marina Del Rey
    County:
    Los Angeles
    Area:
    Marina Del Rey
    Property Description
    Azure The Residences Apartments is a 28-unit multi-family investment property located in the submarket of 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 a rapidly improving neighborhood, ideally positioned to capitalize on the Silicon Beach tech industry and rapid development in the immediate vicinity.
    Exterior Features

    Direction Faces North Entry Location Ground Level W/Steps Exterior Construction Stucco Garage Structures Total 1 Levels Multi/Split Lot Description Exterior Security LightsLandscaped Lot Location Corner Lot Lot Size Area 16851 Other Structures None Parking Garage Garage Patio Features Roof Top DeckBalconyLiving Room Balcony Pool Description None Pool YN No Roof Flat Spa None Spa YN No Style Contemporary Tennis Court None Tennis YN No Total Parking 53 View Description CoastlineCityMountainsMarinaOcean View YN Yes

    Interior Features

    Baths Total 56.00 Cooking Appliances OvenMicrowaveRange Cooling Central Den No Dining Room No Equipment Alarm SystemMicrowaveWasherDryerRange/OvenRefrigeratorCableNetwork Wire Family Room No Fireplace Rooms None Flooring Wood Heating Central Laundry In Unit Laundry Equipment Own Rooms Living RoomMaster BedroomWalk-In Closet

    Property Features

    Amenities Assoc Maintains LandscapeAssoc Pet RulesControlled AccessElevatorFire PitGated ParkingSun Deck Community Features Community Mailbox Complex Name Azure The Residences Entry Floor Number 1 Gross Income 1067155 Gross Operating Income 1087585 Like Units1 3 Like Units2 1 Like Units3 4 Like Units4 8 Like Units5 8 Like Units6 4 Net Operating Income 711212.00 Number Of Buildings 1 Number Of Units 28 Property Condition New Construction Sale Type Standard Security Features GatedCard/Code AccessFire And Smoke Detection SystemSmoke DetectorFire Sprinklers Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays GasElectricity Total Annual Expense 376373 Type Of Units Mixed Water Heaters YN Yes Year Built Source Other Zoning Lar3

    Listing provided courtesy of Matthew R. Kanner DRE#01349203 of Keller Williams Realty Los Feliz.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-25T07:42:16.287. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211