Property Detail

Description

The Altezza is a 16-unit garden-style multifamily asset in Westchester asking $7,750,000 ($484,375/unit), 5.41% current cap rate. Units average 1,111 SF a 35%+ size premium over competing new construction with eight upper-level loft units featuring spiral staircases and vaulted ceilings to 20 feet. All units include quartz countertops, stainless steel appliances, wood laminate flooring, two gas fireplaces, central HVAC, and in-unit washer/dryers. Roof and boiler were replaced within last five years. Exterior unrenovated since 2012 acquisition and presents clear value-add opportunity to modernize. Minutes from LAX with direct I-405, I-105, and SR-90 access; proximate to Silicon Beach employers including Google, YouTube, and Snap Inc.