Mar Vista 90066

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Investment Overview

Units:

Sqft:

Purchase Price:

Sale Price:

Hold Time:

9,652

$3,832,000

$5,276,000

11 Months

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Deal Story

Situated on a large double lot in the heart of Mar Vista, this property offered a tremendous value-add investment. TGG envisioned high-end renovations with beautiful outdoor space for each unit to fulfill the rental demand in this area. TGG was extremely excited about the project, but ultimately received an unsolicited offer from a developer who is now building a 20-unit co-living complex.