LUXURY LIVING
IN LOS ANGELES
REAL ESTATE DEVELOPMENT & SALES
Zola Properties specializes in developing luxury multi family living spaces in L.A.'s finest areas, including West Hollywood and Hancock Park. We take products from start to finish including services for Acquisitions, Design Development, Advocacy, Entitlement, Construction Management, Stabalization, Lease Out and Sales.
projected value
$15,000,000
5 LUXURY TOWNHOUSES
Zola Properties acquired two adjacent R2 lots, improved with two single-family homes, in 2013 and entitled the site for a 5-unit multifamily property with the City of West Hollywood. Zola Properties also processed a condo map for the project. The project has a total capitalization of $6m and is expected to be worth $11m upon completion, yielding a profit margin in excess of 75% and an unlevered equity multiple approaching 2.0x
DESCRIPTION
LIVING SPACE - +2000 sq. ft, +1000 gardens, +400 storage
ARCHITECTURE - Mid-Century Modern design by Steve Albert
GARAGE - Private, side by side Parking, 300 sq. ft Bonus
1ST FLOOR - Open Living room, Dining, Kitchen, Private Garden
2ND FLOOR - Master Suite with private balcony, and Junior Suite
ROOF - 360 Views, Private Decks, Spa and Shower.
July 2016
THE HUNTLEY
DESIGN & BUILD IN L.A.'S HOTTEST AREAS
DISCOVERING UNIQUE ASSETS
Zola Properties utilizes a deep wealth of assett acquisition services, harnessing deep rooted connections to L.A.'s most trusted real estate resources.
CLASSIC DESIGN ARCHITECTURE
Zola Properties integrates classic design elements, such as Mid Century Modern, that stands the test of time, never trendy and forever classic.
SWIFT ENTITLEMENT
Zola Properties has a timley and clever approach to getting projects off and running; bridging connections to neighborhood associations and the city's design and planning commisions.