Bel Air Gem: 21 Large Units in A+ Location 833 Moraga Dr 21 Unit Apartment Building $8,895,000 ($423,571/Unit) Los Angeles, CA 90049

Significant Price Improvement! Jonathan Taksa of the Taksa Investment Group, part of RE/MAX Commercial & Investment Realty, is please to present 833 & 835 Moraga Drive, a prestigious opportunity to acquire a true pride of ownership architectural property in the famed Westside enclave of Bel Air. Designed by prominent mid-century modern architect Robert Skinner, the beautiful open courtyard property has an unparalleled presence and an ideal unit mix consisting of mostly large 1 bedroom (many with dens) and 2 bedroom units (some of which are dramatic two story townhome units). Each of the residences is extremely spacious, with a terrific floor plan, offering an abundance of natural light. Built in 1963 by the owner’s family, the property is a mid-century gem that can be purchased with several vacancies.
Units feature redwood walls, beautiful kitchens, spacious bedrooms and bathrooms, carpeted and tile flooring, a large patio or balcony in every unit, very large closets, and fireplaces. Quality high end materials are used throughout the residences. In addition to the redwood walls, kitchens and bathrooms feature beautiful mosaic tiles in an array of hues. Other property features include a lushly landscaped courtyard, copper plumbing, an on-site laundry facility, and ample on-site parking. All soft story retrofit work has been completed by ownership.
Close to some of the Westside’s best retail, dining, and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset rich with history in one of the best rental locations in all of Los Angeles, near Westwood, Brentwood, UCLA, and the Getty Center, and adjacent to multi-million dollar estates on Moraga Drive in Bel Air.