Property Detail

Description

Extraordinary investment opportunity, a RESIDENTIAL "TRIPLE NET LEASE" IN LUXURY CONDOMINIUM COMPLEX. The Azzurra Condominiums are a Class A, professionally manages, 450-unit building, perfectly located near LAX with easy access to all other Westside venues. Numerous high end amenities include 24-hour concierge service, parking valet service for guests, business center with conference rooms, newly re-equipped indoor-outdoor Fitness Center, yoga-Pilates facilities, salt water pool with cabanas and spa, roof deck on 20th Floor and multi-million dollar contemporary art collection with each residential floor is dedicated to a separate artist including Andy Warhol, Claus Oldenburg, Dennis Hopper, Jasper Johns, Ed Ruscha, and many others. Unit #805, located on the 8th Floor of the complex, is a rare corner unit with 9' floor-to-ceiling windows that frame a panoramic view from LAX to the Marina to the mountains and beyond. 3 bedrooms, 2 baths, 2 balconies, gourmet kitchen, en suite laundry, and 3 parking spaces. $3 million total purchase price. Seller would consider buyer's purchase of corporation in legal title or seller financing up to 8-% of total purchase price ($2.4 million).