Los Feliz Palms is a four-story, 54 unit property that was constructed in 1971/1972 on a ~27,927 square foot R3 lot, with a total building size of ~53,487 square feet. The turnkey property is separately metered for electric, serviced by a boiler and central water heater, an elevator, three stairwells, and cameras in select areas. The well-amenitized property offers secured entry, a gated pool (heated) and jacuzzi, a recreation room, a fitness center, a barbecue area, trash chutes on each floor, an on-site laundry facility, and a 60 space on-grade enclosed parking garage with dual driveways. Recent capital improvements include a partial copper repipe, new carpet flooring in all common area hallways, recently replaced boiler and central water heater, and repairs to the elevator hydraulic system. The property is subject to the City of Los Angeles Rent Control Ordinance, but is not subject to the current Soft-Story Seismic Retrofit Ordinance.
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Listing Courtesy ofCb Richard Ellis, Inc.