Iconic Investments, a specialized commercial real estate brokerage, announces the addition of Adam Zunder as Executive Vice President of Investments. Adam is returning to the Iconic team and the principals by whom he was originally mentored.
Iconic Investments is pleased to announce the sale of Villa Girasol at 1327 N Vista Street in Hollywood. The property sold at $263,125 per unit, 18.41 GRM and a 2.87% CAP Rate. Four of the tenants have been at the property for 40+ years, their rents range from $454 - $536
Iconic Investments is pleased to announce the sale of The Tremont Apartments at 1023 Tremont Street in Boyle Heights. This was a record breaking sale at $200,000 per unit for a property that requires extensive renovations. 3 of the 5 units were delivered vacant.
The Cincinnati Apartments is a five-unit multifamily property located in the heart of Los Angeles’ Boyle Heights neighborhood, one of the city’s hottest and rapidly evolving new submarkets. The community and local owners are enjoying the benefits of rapid growth
Iconic attended the June 2019 UCLA Anderson Economic Outlook which focused on Commercial Real Estate in a Slowing Economy. The most notable takeaway from the June Forecast was the Economist’s sudden negative
Habitat Apartments, located at 310 South Kenmore Avenue in the heart of Los Angeles’ rapidly reviving Koreatown submarket, is a 24-unit, four-story multifamily property that offers investors the opportunity to acquire a property
Villa Girasol is a textbook example of an opportunistic value-add deal, providing the astute investor the opportunity to renovate and reposition an attractive and well-constructed property in the heart of one of Los Angeles
Iconic is pleased to announce the sale of The La Brea Apartments in Mid-City. The property was sold with six of the units which will be delivered vacant. The building does require significant renovations.
Iconic is pleased to announce a record breaking sale of Estancia Apartments in the heart of the NoHo Arts District. The property closed escrow at $2,180,000 which equates to $272,500 per unit and $409 per square foot.
Iconic announces the sale of The Wilton, a 9-unit apartment building located at 621 S Wilton Place in Koreatown. The buyer still needs to complete the earthquake retrofit work at an estimated cost of $80,000, and update two
The Tremont Apartments is a five-unit multifamily property located in the heart of Los Angeles’ Boyle Heights neighborhood, one of the city’s hottest and rapidly evolving new submarkets. The community and local owners
The La Brea Apartments is an eight-unit multifamily property located in the heart of Los Angeles’ Mid-City neighborhood, one of the city’s hottest and rapidly evolving new submarkets. The community and local owners
Iconic Investments just sold the Willoughby Apartments in Hollywood. The property was listed for $3,550,000 and was marketed to the entire brokerage community Day 1 of the listing period. Our marketing resulted in 20 Groups
Iconic attended the March 2019 UCLA Economic Forecast. The topic of this forecast was Technology and the Business of Entertainment, although the forecast did not directly relate this topic to real estate it does
Iconic Investments is pleased to present for sale, The Wilton, in LA's flourishing Hancock Park/Koreatown submarket. Located at 621 S WiltonPlace, this prominent mid-century design was built in 1956 and has been in the of the same family for 25 years.
Iconic Investments is pleased to present for sale, The Willoughby, a 12-unit apartment building in the heart of the thriving Hollywood submarket. Located on the corner of Hudson and Willoughby, this asset is an excellent opportunity for investors who
Is Now a Good Time to Sell? Yes, take advantage of market conditions before it’s too late. This article will give you options on what you can do to weather the downturn in the market which has already begun. If you don’t intend to keep your buildings for another 7-10
The new hot-button selling point many agents are touting when selling apartment buildings is “Located in a Opportunity Zone.” Do you wonder what it really means? Does buying or promoting an apartment building as being in an
Iconic Investments is pleased to exclusively list for sale, The Oasis Apartments, a development opportunity in Koreatown. Located at 415-421 S St Andrews Place, the two parcels total +/- 18,020 square feet and are zoned R4-1. While
Estancia Apartments is an eight-unit property located in the heart of the NoHo Arts District. The Arts District is an area of the San Fernando Valle that is undergoing rapid growth and urbanization as dozens of development
