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Multifamily

3949 Los Feliz Blvd

3949 Los Feliz Blvd, Los Angeles, CA 90027

Listing Price: $32,000,000

Cap Rate
5.36%
Number of Units
102
GRM
10.78
Price/Unit
$313,725
Price/Gross SF
$347.90
Gross SF
91,980

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 3949 Los Feliz Blvd, a 102-unit investment opportunity located in the highly desirable 90027 zip code of Los Angeles.

Investment Highlights

  • Functional Common Areas & On-Site Laundry: Well-maintained common areas, elevators, and on-site laundry facilities support operational efficiency and day-to-day tenant convenience.
  • Fully Equipped On-Site Fitness Center: A spacious, professionally equipped gym provides residents with convenient access to wellness and fitness, a highly sought-after amenity.
  • Exceptional Parking Ratio & Secure Access (148 Spaces for 102 Units): On-site parking provides a significant competitive advantage, enhancing tenant appeal, retention, and future leasing flexibility.
  • Resort-Style Amenities & Work-From-Home Infrastructure: The property features a swimming pool, spa, fully equipped fitness center, and on-site conference rooms, supporting modern resident lifestyles and enhancing tenant satisfaction and retention.
  • Highly Desirable Los Feliz Location Near Griffith Park: Situated along Los Feliz Blvd in one of Los Angeles' most sought-after rental submarkets, the property benefits from proximity to Griffith Park, major employment corridors, and convenient access to Silver Lake, Glendale, and Downtown Los Angeles.

Exclusively Listed By

Multifamily

3949 Los Feliz Blvd

Listing Price: $32,000,000

Cap Rate
5.36%
Number of Units
102
GRM
10.78
Price/Unit
$313,725
Price/Gross SF
$347.90
Gross SF
91,980

Investment Highlights

  • Functional Common Areas & On-Site Laundry: Well-maintained common areas, elevators, and on-site laundry facilities support operational efficiency and day-to-day tenant convenience.
  • Fully Equipped On-Site Fitness Center: A spacious, professionally equipped gym provides residents with convenient access to wellness and fitness, a highly sought-after amenity.
  • Exceptional Parking Ratio & Secure Access (148 Spaces for 102 Units): On-site parking provides a significant competitive advantage, enhancing tenant appeal, retention, and future leasing flexibility.
  • Resort-Style Amenities & Work-From-Home Infrastructure: The property features a swimming pool, spa, fully equipped fitness center, and on-site conference rooms, supporting modern resident lifestyles and enhancing tenant satisfaction and retention.
  • Highly Desirable Los Feliz Location Near Griffith Park: Situated along Los Feliz Blvd in one of Los Angeles' most sought-after rental submarkets, the property benefits from proximity to Griffith Park, major employment corridors, and convenient access to Silver Lake, Glendale, and Downtown Los Angeles.

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 3949 Los Feliz Blvd, a 102-unit investment opportunity located in the highly desirable 90027 zip code of Los Angeles.

Exclusively Listed By

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