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Mike Corridori

corridorimike@gmail.com +1(805) 750-2676

$ 12,350,000

Est. payment | -/mo

48 Beds

64 Baths

41,490 SqFt

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$ 12,350,000

Est. payment | -/mo

Save

48 Beds

64 Baths

41,490 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 41,490 sqft

Price per Sqft $297

MLS Listing ID 26103394

Bedrooms 48

HOA Y/N No

Year Built 1964

Lot Size 0.404 Acres

Property Description

We are pleased to present The Otis Apartments, an exceptional 32-unit luxury apartment community situated at the prominent corner of Fountain Avenue and Havenhurst Drive. Just steps from vibrant Sunset Boulevard, the property offers an outstanding combination of spacious residences, extensive amenities, and access to some of Los Angeles' most celebrated dining, shopping, and nightlife. Built in 1964, The Otis features an exceptional unit mix consisting of one three-bedroom/three-bath residence, 15 two-bedroom/two-bath residences, 15 one-bedroom/two-bath-plus-den residences, and one studio. Averaging more than 1,000 square feet, the generously sized units offer versatile floor plans flooded with natural light. The predominance of two-bedroom/two-bath and one-bedroom/two-bath-plus-den layouts provides residents with ample space for living, entertaining, and working from home. Residences feature central air conditioning, large bedrooms and closets, and expansive private balconies, with select units enjoying incredible views of the Hollywood Hills. Many interiors have been luxuriously upgraded with hardwood flooring and stainless steel appliances, while select residences also feature in-unit washers and dryers. The combination of generous proportions, thoughtful layouts, and upgraded finishes creates a distinctive residential experience. Community amenities include a sparkling pool and spa, an onsite laundry room, intercom entry, and ample subterranean parking. These features complement the property's spacious interiors and provide an appealing retreat within one of the city's most vibrant neighborhoods. The Otis places residents close to the energy of the Sunset Strip and its renowned restaurants, boutiques, entertainment venues, and nightlife. Nearby Santa Monica Boulevard further expands the range of dining, shopping, and neighborhood conveniences, offering a lifestyle that combines residential comfort with exceptional access to the surrounding city. With its prominent corner presence, unusually large residences, distinctive unit mix, and extensive amenities, The Otis Apartments presents a compelling opportunity to acquire a substantial luxury apartment community in a highly desirable Los Angeles location. Priced at approximately $298per square foot, the offering represents an opportunity to acquire the property well below today's replacement cost.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR4*

Interior

Heating Central

Cooling Central Air

Flooring Wood

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator

Exterior

Parking Features Assigned, Underground

Pool Community

Community Features Pool

Total Parking Spaces 32

Private Pool No

Building

Story 4

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5554009027

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Jonathan Taksa Remax Commercial and Investment Realty #01366169

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(805) 750-2676

corridorimike@gmail.com

412 S Main St, Templeton, CA 93465, USA

1284 Havenhurst DR Los Angeles, CA 90046

Mike Corridori

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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1284 Havenhurst DR