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ZIP CODE 90020

$8,200,000
36 Beds 30 Baths ACTIVE Status
The subject property is a luxury, brand new construction, 15 unit apartment complex located in the highly desirable Koreatown submarket of Los Angeles. Ideally situated on Oxford Ave, one block east of Western Ave between 3rd and 4th St, just 3 blocks from the Wilshire/Western Metro Station. This 2023 constructed building has pristine units, an incredible unit mix and an unrelenting rental demand by the strong demographics. The property boasts nine 2 bedroom, 2 bathroom units and six 3 bedroom, 2 bathroom units. Two units are affordable restricted (doesn't preclude you from renting to Section 8 buyer to verify). The property is nearing CofO and will begin lease-up shortly. Koreatown's central location, proximity to major job hubs, and diverse array of culinary, entertainment, and cultural options are key draws for renter demand. The area is increasingly evolving into a self-contained neighborhood, where residents can live, work, dine, and play without a car. The densely populated location ensures expeditious lease up and the luxurious units allow for tenant comfort and investor stability. The area has undergone a major economic renaissance during the past couple of decades with development as the driving force. The new apartment and mixed-use developments in the immediate area have provided an overwhelming increase in the demand for high end rental units and retail. The building offers 13 parking spaces and has a rooftop deck. All units have washer and dryers, central air and heat as well as all the modern conveniences of living in a brand new building.

339 S Oxford Ave, Los Angeles

Courtesy of , Dario Svidler - CA DRE#

$5,800,000
7 Beds 6 Baths ACTIVE Status
Located within the serene beauty of Hancock Park, the residence at 501 S Rossmore, known as the H.M. Warner Home, stands as a magnificent and enduring symbol of Hollywood's golden age. Constructed in 1923, this extraordinary Classical Revival estate was envisioned by Harry Warner, one of the pioneering Warner Bros. Studios siblings, in collaboration with renowned architect Burnside Sturges. Together, they crafted a haven that seamlessly merged art, architecture, and the cherished world of cinema.Set on a coveted corner lot spanning 0.69 acres, the expansive property offers a retreat dedicated to both seclusion and artistic appreciation. The architectural grandeur takes center stage, with Greco-Roman motifs gracing the brick faade through majestic Corinthian columns, capped porticos, and a Juliet balcony. These elements pay homage to the city's Mediterranean influences, blending harmoniously with the surrounding landscape's natural beauty.Throughout the estate, the delicate balance of old Hollywood's allure and aristocratic sophistication harmoniously coexist with contemporary amenities and meticulously preserved architectural elements, including maple-paneled walls, wainscoting, and intricately designed crenellated and scalloped ceilings.Encompassing a generous 5,555 square feet, the residence comprises 14 well-proportioned rooms anchored by a grand staircase adorned with ornate banisters. A spacious formal dining room and a magnificent living room, centered around an elaborate and substantial fireplace, provide an exquisite backdrop for both intimate gatherings and grand occasions.The fusion of modernity and history seamlessly emerges in the functional yet classically designed kitchen, featuring modern appliances, including Viking range with hood. The family room exudes warmth with herringbone wood floors, built-in shelving, and large windows overlooking the covered porch and extensive grounds. Paying homage to its cinematic heritage, the estate includes a maple-paneled film screening room, bridging the allure of old Hollywood with contemporary luxury. Seven spacious bedrooms, five bathrooms, a separate laundry room, and ample storage space, complete the main residence. The enduring appeal of the estate is elevated by the sprawling and verdant grounds, full-size tennis court, and secluded /enclosed pool. The inclusion of a guest house with full bath, and an outdoor dining area with built-in barbecue further enriches the enchanting atmosphere of this hidden sanctuary.As a cherished artifact of Hollywood's origins, the H.M. Warner Home captures the architectural brilliance and natural allure of Hancock Park. This residence serves as a masterful fusion of vintage charm and the sun-soaked expansiveness of Southern California, offering an unparalleled living experience that pays homage to a bygone era while providing modern comfort and luxury. 501 S Rossmore truly stands as an extraordinary gem within the heart of Los Angeles refined Hollywood living at its utmost finest.A double car garage accessible from 5th Street, accompanied by the capacity to accommodate nine extra vehicles on the premises. This includes five spaces within the circular driveway at the front, and an additional four tandem spaces situated in the driveway off Rossmore on the southern side of the residence.Newer HVAC, electrical, fencing/gates & security system.

501 S Rossmore Ave, Los Angeles

Courtesy of , John Duerler - CA DRE#

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