Glen Arbor Villas
Multifamily | 72 Units in Rare Century City, LA
Marketing description
Glen Arbor Villas presents a rare opportunity to acquire a condominium-mapped multifamily asset consisting of two (2) adjacent residential buildings totaling seventy-two (72) apartment units in the highly desirable Century City submarket of Los Angeles. Originally constructed in 1972, the Property contains approximately 66,282 square feet of improvements and features a mix of one-bedroom, one-bedroom-plus-den, and two-bedroom floor plans. What distinguishes Glen Arbor Villas from traditional multifamily investments is its condominium mapping structure. The Property is comprised of two (2) 36-unit condominium buildings, with each of the seventy-two (72) residences assigned its own separate Assessor's Parcel Number (APN). This unique ownership structure provides investors with exceptional flexibility, including the potential for future individual unit sales, phased disposition strategies, recapitalization opportunities, or continued operation as a multifamily rental investment.
The gated community offers residents a variety of desirable amenities including controlled access entry, secured parking, landscaped courtyards, elevator service, on-site management, laundry facilities, and select upgraded interiors featuring fireplaces, balconies, walk-in closets, and renovated kitchens.
Located within walking distance of Century City's employment centers, shopping, dining, and entertainment options, Glen Arbor Villas represents a compelling investment opportunity combining a premier West Los Angeles location with the uncommon benefit of individual condominium ownership interests across all seventy-two units. This structure creates multiple value-enhancement and exit strategies rarely available within institutional-quality multifamily assets.
Investment highlights
- Premier Century City Location: Located in one of LA's most prestigious Westside submarkets, surrounded by major employers, studios, and financial centers.
- Irreplaceable Westside Accessibility: Direct access to Beverly Hills, Westwood/UCLA, Brentwood, Santa Monica, and Downtown via the 405 and 10 Freeways.
- Strong Walkable Amenities Base: Near Westfield Century City, Fox Studios, Rancho Park Golf Course, and Beverly Hills' retail and dining core.
- Rare Condo-Mapped Structure: Two (2) 36-unit condominiumized buildings totaling 72 units, each with its own APN.
- Multiple Exit Strategies: Can be operated as multifamily or sold individually, in phases, or as a full portfolio.
- High Barriers to Entry Market: Limited new supply and strict development constraints support long-term value stability.
- Strong Tenant Demand Drivers: Driven by proximity to UCLA, Century City jobs, and Beverly Hills employment hubs.
- Institutional Westside Submarket: Core Los Angeles location with historically strong rents and low vacancy.
- Amenity-Rich Surroundings: Close to luxury retail, dining, entertainment, parks, and lifestyle amenities.
- Legacy Ownership Opportunity: Rare chance to acquire a large, condo-mapped asset with embedded upside optionality in West LA.
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