1 minute read
the property
by Berkadia
the Preston is a well-maintained 169-unit apartment community that was built in 1989. the podium-style property features great modern physical attributes such as ninefoot ceilings, in-unit washers and dryers, and central air conditioning. current ownership recently invested heavily in upgrading all of the property’s common area amenities, bringing them more in-line with modern properties in the submarket. the property also has a number of unique and highly desirable features like gas fireplaces in the majority of units, a generous parking ratio (2.0 spaces per unit), and vaulted ceilings on top floor units—some of which offer views of the iconic downtown skyline.
Site Address 630 Masselin Avenue
Los Angeles, cA 90036 year Built 1989
No. of Apartments 169
Acreage 1.55
Average Apt. Size 916 Sq. Ft.
Net rentable Sq. Ft. 154,818
No. of Buildings 1 residential Stories 4
No. of Elevators 3
Parking type two-level podium garage total residential Parking Spaces 336 residential Parking ratio 2.0:1
Walk Score 94
Assessor’s Parcel Number 5508-014-037
