Sutton Place Apartments – Sutton Place LLC, a California LLC

LOS ANGELES, CA 90046

About The Listing
2018 Gross Income: $2,922,250
2017 Gross Income: $2,807,908
2016 Gross Income: $2,385,813
Interest being Sold: 2%
Investment Highlights

Court Auction Information:
Date: July 11, 2022  |  Time: 8:30am
Dept: 11

Stanley Mosk Courthouse
111 N. Hill Street
Los Angeles, CA 90012

The first overbid amount for the Portfolio of 11 Partnership Interests is $2,709,500

  • Market Value as of December 8 2016: $37,200,000
  • The Seller is The Joseph Mascolo Trust of 1997
  • Long-Term Ownership
  • Property is Professionally Managed
  • Located in Los Angeles
  • Built in 1987
  • 11,384 Sq Ft of Rentable Area on 1.993 Acres
Gross Income
Property Photos
Offer Price for Portfolio of 11 Partnership Interests:

$2,709,500

SOLD
Offers Made:
DUE DILIGENCE
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