Own a piece of Los Feliz History. In 1928 architect/contractor Hugh Howe Hinds was commissioned to design and build what was to become Layden Hall. His progressive French Normandie design became a Landmark in the "posh" Los Feliz neighborhood on North Vermont. The building was subsequently purchase in 1955 by Ms. Gwendolyn Horton and became known to the locals as Horton Hall. This fabulous building has not been resold since her purchase. Very rarely do any buildings on North Vermont, just below Los Feliz Blvd, come up for sale. The property features 31 units, consisting of 24 charming studios (separate kitchens, dining areas and walk-in closets), 6 beautiful 1 bedroom, view units and a huge additional one bedroom, "owner's" unit of approximately 1,400+ sq. ft. All, we believe, to have beamed ceilings. The total building size is 22,582 square feet per assessor. Although master metered for gas and electricity, the expenses of the building appear to be very reasonable. Almost always 100% occupied, the owner has indicated that there is consistently a "waiting-list" to get into the building. Vacancies have historically been filled through "word-of-mouth". The views, character and charm of the units, elevator, large laundry room and the current owner's maintenance record, make this a most attractive building for tenants. Anticipated upside of the rents is approximately 35-40% of current rents.
Additional Features
- Mountain(s)
- Parking spaces: 0.00
- Listing Status: Active
- Listing Agent: Lane Aronson
(lic# 00681193)
of Out of Area Board
- Listing Office: Berkshire Hathaway HomeServices California
- CO-Listing Agent: Paloma Fierro
(lic# 01386256)
of Out of Area Board
- CO-Listing Office: Coldwell Banker Realty
(lic# 00616212)
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Based on information from CRISNet MLS as of 6th May 2024 at 11:41pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
