Property Detail

1063 Wooster

Los Angeles CA 90035

$7,340,000

Status: Active

Property Details

Description

The exclusive listing agent is proud to present a rare opportunity to acquire a trophy-quality, newly constructed (2023 CofO) 8-unit apartment building in the highly sought-after Pico Robertson neighborhoodone block to Beverly Hills.Built to an exceptional standard, this 13,105 SF luxury asset features an ideal unit mix: one expansive 3+2 penthouse, four 3+2 units, two 2+2s, and one 1+1. With only two units per floor, the building offers a sense of privacy and exclusivity rarely found in multifamily investments. Each unit is thoughtfully designed with high-end finishes and modern conveniences: *Central HVAC *In-unit washer/dryers *Large, open-concept kitchens with dual sinks and dishwashers (excluding the 1+1) *Remote-controlled fireplaces *Dual-pane windows that flood the units with natural light and offer stunning views of DTLA and the surrounding neighborhood. Additional amenities include ample parking (16 spaces), an elevator, and a Walk Score of 96placing residents steps away from some of the area's most desirable restaurants, including Lenny's Casita, Trattoria Natalie, and Shiloh's Bistro & Garden.With high-quality construction, a core-plus location, and strong tenant appeal, this asset stands out as a premier investment in one of L.A.'s most stable and supply-constrained submarkets. Highlights: *Prime Westside Location Adjacent to Beverly Hills | Located steps from the Beverly Hills border, the property sits within one of LA's most stable rental corridorsoffering low vacancy, premium rents, and long-term value retention. *Brand-New 2023 Construction Turnkey Asset | Delivered with Certificate of Occupancy in 2023, the building offers little deferred maintenance, optimal systems efficiency, and full compliance with the latest codes. * Robust Parking & Building Infrastructure | Rare 2:1 parking ratio (16 spaces), secured access, elevator, and dual-pane windows reflect quality of construction and modern tenant expectationssupporting long-term rent stability and tenant satisfaction. * Exceptional Lifestyle Access & Walkability |With a Walk Score of 96, tenants enjoy immediate access to high-demand dining, boutique retail, and cultural institutions all within close distance. *Owner User Opportunity | With 4 of the 8 units currently vacant, investors have the rare chance to immediately bring in high-quality tenants at market rents without waiting for turnover.

Map Location

Listing provided courtesy of Eliyahu Appel of Marcus & Millichap. Last updated 2025-07-26 08:11:25.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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