11833 Laurelwood Drive

    Studio City, CA 91604
    • $9,995,000
    • STATUS: Active
    • ON SITE: 73 days
    • ID#: 18383924
    UPDATED: 77 min ago
    $9,995,000
    • 0
      BEDS
    • 0.89
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 19,143
      SQFT
    • $522
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    Opportunity to acquire Laurelwood Apartments, a 20-unit multi-family property designed by master architect R. M. Schindler. Designated as Los Angeles Historical-Cultural Monument No. 228, the LA Conservancy declares it as "++-+G+G-+G+-one of the finest Modern expressions of the ubiquitous courtyard apartment complex to be found anywhere in Southern California++-+G+G-+G+-" This trophy offering represents a once-in-a-lifetime opportunity to own Schindler's last and largest multi-family design, a true exhibition of his distinct form of modern architecture known as "space architecture." Laurelwood Apartments visibly embodies Schindler's aesthetic through its individually designed interior spaces, built-in furniture, use of natural light and glass partitions, separate yards and patios, and thoughtfully terraced placement of two structures divided by a central walkway. LA Conservancy explains, each apartment feels "++-+G+G-+G+-like a private house, with its own entrance, unique views, and private outdoor space."

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T14:32:15.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/87309293

    11833 Laurelwood Drive Studio City, CA 91604

    • Price: $9,995,000
    • Status: Active
    • Updated: 77 min ago
    • ID#: 18383924
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.89
    Acres
    19,143
    SQFT
    $522
    $/SQFT
    1949
    Built
    Neighborhood:
    STUD - Studio City
    County:
    Los Angeles
    Area:
    STUD - Studio City
    Property Description
    Opportunity to acquire Laurelwood Apartments, a 20-unit multi-family property designed by master architect R. M. Schindler. Designated as Los Angeles Historical-Cultural Monument No. 228, the LA Conservancy declares it as "++-+G+G-+G+-one of the finest Modern expressions of the ubiquitous courtyard apartment complex to be found anywhere in Southern California++-+G+G-+G+-" This trophy offering represents a once-in-a-lifetime opportunity to own Schindler's last and largest multi-family design, a true exhibition of his distinct form of modern architecture known as "space architecture." Laurelwood Apartments visibly embodies Schindler's aesthetic through its individually designed interior spaces, built-in furniture, use of natural light and glass partitions, separate yards and patios, and thoughtfully terraced placement of two structures divided by a central walkway. LA Conservancy explains, each apartment feels "++-+G+G-+G+-like a private house, with its own entrance, unique views, and private outdoor space."
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Covered Parking Parking YN Yes

    Interior Features

    Laundry Features See Remarks

    Property Features

    Cap Rate 3.89 Gross Multiplier 17.71 Gross Operating Income 557004.00 Laundry YN Yes Net Operating Income 388712.00 Special Listing Conditions Standard Total Expenses 168292.00 Zoning Lard1.5

    Listing provided courtesy of Kristy Elaine of Keller Williams-Santa Monica and Lawrence Cannizzaro of Keller Williams-Santa Monica.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T14:32:15.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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