Motivated Seller - Present Offers. This 9 unit Apartment Building is located at 1529 S. Bundy Drive in prime West Los Angeles. There is rent upside in the high-demand West Los Angeles rental market. This is ideal for your 1031 Exchange Buyer. This modern 9-unit condo-quality apartment complex is located between Westwood and Santa Monica and just south of Brentwood. Built-in 1988, the building consists of (1) two-bedroom / 2.5 bath owners style unit, (1) two-bedroom / 2 bath unit, (4) one-bedroom + loft / two-bath units, and (3) one-bedroom /one-bath units. The building features units flooded with natural light. Some of the units have 18' ceilings and rooftop terraces with city views. All units have hardwood or laminate floors. Most units have stone countertops and upgraded kitchens and baths. The building features a modern façade, private balconies, secure gated parking, controlled building access, and central air conditioning and heat. The property enjoys easy access to major employers in Century City, Westwood, Santa Monica, and Culver City, including growing entertainment and technology giants like Sony, Apple, HBO, and Amazon. The property is also located just a few blocks away from Element LA, a new state of the art 240,000 square foot creative office campus laid out over 12 acres that is currently under construction. The subject property is walking distance to the new Bundy / Expo Metro Station on the Purple Line Extension that provides easy access to downtown.
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