Multifamily
Milo on Morton
1801 Morton Ave, Los Angeles, CA 90026
Listing Price: $23,600,000
Investment Overview
NOTE: OFFERS ARE DUE ON OR BEFORE THURSDAY, NOVEMBER 2ND.
IPA is offering this Property concurrently with the 7-property, 238-unit ViveLA Portfolio of assets. Properties may be purchased on an individual, multi-property, or complete portfolio basis.
PROPERTY TOURS:
Property tours are available during the following time slots on the following dates upon request. You must register your client by contacting either Kevin Green (kgreen@ipausa.com) or Joe Grabiec (jgrabiec@ipausa.com) to reserve and confirm your spot for the tour.
TOUR DATES:
- October 19th
- October 25th
TIME SLOTS BY PROPERTY AVAILABLE ON TOUR DATES:
- Aiden on Ash; 40 Units; 5515-5525 Ash Street (Highland Park) 9:00 am to 9:45am
- Milo on Morton; 66 Units; 1815 Morton Avenue (Echo Park) 10:15am to 11:00am
- Chloe on Curson; 38 Units; 929 Curson Avenue (West Hollywood) 11:30am to 12:00pm
- Ollie on Ogden; 36 Units; 1001 Ogden Drive (West Hollywood) 12:00pm to 12:30pm
- Harper on Hayworth & Nora on Norton; 24 Units & 18 Units; 1122 Hayworth Avenue (West Hollywood) 1:00pm to 1:30pm
- Beau on Bundy; 16 Units; 1231 South Bundy Drive (West LA) 2:15pm to 2:45pm
Milo on Morton
Investment Highlights
- Part of the 7-Property, 238-unit ViveLA portfolio. May be purchased on an individual, multi-property, or complete portfolio basis.
- Proven interior renovation scope to emulate and capture 49%+ in remaining rental income upside.
- Almost all mechanical systems and deferred maintenance needs have been addressed. Investors can focus on remaining unrenovated units.
- Echo Park is a Hot Submarket - 77% of the population are renters, average HHI is $97,953, and there is a 501% affordability gap to home ownership.
Exclusively Listed By
Listing Price: $23,600,000
Investment Highlights
- Part of the 7-Property, 238-unit ViveLA portfolio. May be purchased on an individual, multi-property, or complete portfolio basis.
- Proven interior renovation scope to emulate and capture 49%+ in remaining rental income upside.
- Almost all mechanical systems and deferred maintenance needs have been addressed. Investors can focus on remaining unrenovated units.
- Echo Park is a Hot Submarket - 77% of the population are renters, average HHI is $97,953, and there is a 501% affordability gap to home ownership.
Investment Overview
NOTE: OFFERS ARE DUE ON OR BEFORE THURSDAY, NOVEMBER 2ND. IPA is offering this Property concurrently with the 7-property, 238-unit ViveLA Portfolio of assets. Properties may be purchased on an individual, multi-property, or complete portfolio basis. PROPERTY TOURS: Property tours are available during the following time slots on the following dates upon request. You must register your client by contacting either Kevin Green (kgreen@ipausa.com) or Joe Grabiec (jgrabiec@ipausa.com) to reserve and confirm your spot for the tour. TOUR DATES: - October 19th - October 25th TIME SLOTS BY PROPERTY AVAILABLE ON TOUR DATES: - Aiden on Ash; 40 Units; 5515-5525 Ash Street (Highland Park) 9:00 am to 9:45am - Milo on Morton; 66 Units; 1815 Morton Avenue (Echo Park) 10:15am to 11:00am - Chloe on Curson; 38 Units; 929 Curson Avenue (West Hollywood) 11:30am to 12:00pm - Ollie on Ogden; 36 Units; 1001 Ogden Drive (West Hollywood) 12:00pm to 12:30pm - Harper on Hayworth & Nora on Norton; 24 Units & 18 Units; 1122 Hayworth Avenue (West Hollywood) 1:00pm to 1:30pm - Beau on Bundy; 16 Units; 1231 South Bundy Drive (West LA) 2:15pm to 2:45pm
Exclusively Listed By
