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Multifamily

Inspire Colton

1363 Colton St, Los Angeles, CA 90026

Listing Price: $29,495,000

Cap Rate
3.46%
Number of Units
47
Price/Unit
$627,553
Price/Gross SF
$754.39
Gross SF
39,098

Investment Overview

Inspire Colton is Echo Park’s newest landmark and most opulent community to date with forty-seven brand new “over-the-top” flats, filled with highest echelon tenant base every investor strives to have. Nestled at the base of the Echo Park foothills, centered in the Los Angeles’s most increasingly affluent, supply constrained neighborhood city wide, just three minutes by Bird from downtown Los Angeles. The property’s walkability coupled with the landlord-provided electric bikes, the tenant’s access to various parks, restaurants, shopping, and entertainment along the Sunset Strip has prospective renters competing for a chance to call Inspire Colton their home. Inspire Colton is centered in four major freeways and highways (101, 110, 5, and 2), providing residents convenient access to major employment centers such as Hollywood, Glendale, and Burbank in addition to its walkability to downtown Los Angeles. Hollywood is one of the most active submarkets for new office development in the country, while downtown Los Angeles has over three million S.F. in the pipeline.

Investment Highlights

  • FIRST CLASS OFFERING – INSPIRE COLTON Brand New 47-Unit landmark apartment building with "over-the-top" flats
  • BUILT FOR TODAY Gym, Sky bar, Rooftop lounge, Indoor Pool across the street
  • VIEWS Unobstructed – Hollywood Sign / The Beach / DTLA

Exclusively Listed By

Financing By

Multifamily

Inspire Colton

Listing Price: $29,495,000

Cap Rate
3.46%
Number of Units
47
Price/Unit
$627,553
Price/Gross SF
$754.39
Gross SF
39,098

Investment Highlights

  • FIRST CLASS OFFERING – INSPIRE COLTON Brand New 47-Unit landmark apartment building with "over-the-top" flats
  • BUILT FOR TODAY Gym, Sky bar, Rooftop lounge, Indoor Pool across the street
  • VIEWS Unobstructed – Hollywood Sign / The Beach / DTLA

Investment Overview

Inspire Colton is Echo Park’s newest landmark and most opulent community to date with forty-seven brand new “over-the-top” flats, filled with highest echelon tenant base every investor strives to have. Nestled at the base of the Echo Park foothills, centered in the Los Angeles’s most increasingly affluent, supply constrained neighborhood city wide, just three minutes by Bird from downtown Los Angeles. The property’s walkability coupled with the landlord-provided electric bikes, the tenant’s access to various parks, restaurants, shopping, and entertainment along the Sunset Strip has prospective renters competing for a chance to call Inspire Colton their home. Inspire Colton is centered in four major freeways and highways (101, 110, 5, and 2), providing residents convenient access to major employment centers such as Hollywood, Glendale, and Burbank in addition to its walkability to downtown Los Angeles. Hollywood is one of the most active submarkets for new office development in the country, while downtown Los Angeles has over three million S.F. in the pipeline.

Exclusively Listed By

Financing By

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