Iconic Investments Los Angeles

Iconic Lists - Habitat Apartments

Iconic Lists - Habitat Apartments

Iconic Investments is pleased to be marketing for sale Habitat Apartments, a 19-unit property located at 514 S. Mariposa Ave. in LA’s thriving Koreatown. This is an excellent opportunity for investors who want to capitalize on this submarket’s soaring popularity.

How Koreatown Evolved Into A Development Hot Spot

How Koreatown Evolved Into A Development Hot Spot

Karaoke, Korean barbecue and spas. Among LA residents, those are often the first things that pop to mind when they think of Koreatown. But the demographics and the dynamics of the community are changing as it increasingly becomes a hotbed for hotels, office and multifamily with Millennials

Iconic Sells Pico Union Land

Iconic Sells Pico Union Land

Iconic Investments represented the seller and the buyer in the sale of 2261-2269 W. 14th St. in Los Angeles. The property consists of two parcels of land totaling 13,500 square feet on a corner lot.(Orchard Ave and 14th Street) in LA’s Pico Union neighborhood. Each parcel has one single-family residence. All Cash - 30 Day Close of Escrow. 

Iconic Sells Villa Girasol in Koreatown

Iconic Sells Villa Girasol in Koreatown

Iconic Investments sold Villa Girasol, a 16-unit apartment property in L.A.’s hot Koreatown submarket, for $2,330,00 million. The sales price for 974 S. Catalina St. equates to $145,625 per unit and $327.24 per square foot. The gross rent multiplier (GRM) is 12.28 and the cap rate is 4.2 percent.

Choosing a Structural Engineer for Earthquake Retrofits

Choosing a Structural Engineer for Earthquake Retrofits

Some owners have already started the process of consulting with a structural engineer or an all-In-one construction company that will design the structural plans, formulate the tenant habitability plan and perform the construction. Although an all-In-one company may seem easier, it could end up costing you more money.