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Park La Brea

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Multi-Housing - Debt Placement

Location:
6200 W 3rd Street, Los Angeles, CA
Asset Type:
Class A Multi-Housing
Size:
4,245 Units
Description:
Los Angeles’ historic Park La Brea is the largest apartment community on the West Coast. The 4,245-unit community is rent-controlled and includes 18 high-rise towers and 175 garden-style apartment buildings on 144 acres. Approximately 10,000 residents live in the community, which resembles a small city with 24-hour security, courtyards, Wi-Fi cafes, fitness trails, a movie theater, hair salon and business and fitness centers. Originally built between 1944 and 1952, Park La Brea underwent renovations between 1995 and 2014. The 96.4-percent-leased complex is located about seven miles west of downtown near the Miracle Mile district.
Date Closed:
April 2015

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