1350 W Court St - Apartments FOR SALE


Los Angeles, CA 90026- City West
$25,500,000 USD
310-742-9964
1350 W Court St, Los Angeles, CA for Sale
$25,500,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

1350 W Court St
Los Angeles, CA 90026
City West


HIGHLIGHTS

  • Priced 30% Below Replacement Cost - At $364,286 per unit and $449 per SF, 1350 West Court offers a compelling basis 30% below replacement cost.
  • Middle Market New Construction/RSO Exempt - Non-RSO new-construction buying opportunities have declined 50% since ULA took effect.
  • Delivered Vacant - Acquire the Property vacant and control the initial lease-up, providing a clear path to value-add-level returns.
  • 18.4% Projected Rent Growth - Echo Park/Westlake effective rents are projected to grow 18.4% through Q2 2031, supporting lease-up and upside.
  • 90026 Home Values Up 62% Since 2019 - Home values have risen 62% since 2019, supporting demand for high-quality new-construction rentals.
  • Strategic Eastside Positioning - Located where Echo Park, Silver Lake and Chinatown converge, minutes from leading amenities and employment centers.

OVERVIEW

1350 West Court is a 70-unit, 2026-built multifamily community in Echo Park and not subject to Los Angeles RSO. Offered at $25,500,000, the Property is priced at $364,286 per unit and $449 per square foot, approximately 30% below estimated replacement cost. 1350 West Court gives investors immediate control over the initial lease-up, rents, concessions, and unit positioning without inheriting legacy leases. Positioned at the intersection of Echo Park, Silver Lake, Koreatown, Historic Filipinotown, and Chinatown, 1350 West Court sits in one of Los Angeles’ most connected and culturally dynamic pockets. The surrounding neighborhood has attracted James Beard Award-nominated and Michelin-recognized restaurants, cementing its status as one of the city’s most sought-after lifestyle destinations. The Property arrives as part of a short-term wave of new supply that has largely caught up to Echo Park’s growing demand. With only 192 units projected for delivery in 90026 over the next five years, the forward supply-demand imbalance strongly favors rent growth and long-term appreciation. Residents benefit from direct connectivity to the region’s leading employment and lifestyle centers, alongside the continued expansion of restaurants, retail, and residential development surrounding the Property. **Please fill out the Confidentiality Agreement and email the listing agent the executed document to gain access to the OM.

FOR SALE DETAILS

PRICE

$25,500,000 USD

PRICE/SF

$510 USD /SF

# OF UNITS

70

PRICE/UNIT

$364,286

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

70 Units | 2026 New Construction | RSO-Exempt

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2026

PARKING SPACES

57

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

R4 (CW)-75/3; TOC Tier I

APN/PARCEL ID

5160-011-018

ASK ABOUT THIS PROPERTY

Paul DarrowWalker & DunlopMore Info
310-742-9964

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Paul DarrowWalker & DunlopMore Info
310-742-9964

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.