CENTURY PLAZA RESIDENCES in Los Angeles

Name: CENTURY PLAZA RESIDENCES
Brand: Woodridge Capital Partners
SKU: 7817
Availability: InStock

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Project info

Object ID: 7817

Finished at	September 2021
Price, m²	From 2200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 90.00 m²
Floors	46
Apartments	300
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Westwood/Rancho Park 12 min Palms 20 min Expo/Sepulveda 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

198,000$

Net profit

9,376$

Payback period

16.8 years

Avg property value increase per year

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About the project

Century Plaza Residences is a new condo development by Woodridge Capital Partners currently under construction at 2025 Avenue of the Stars, Los Angeles. The development is scheduled for completion in 2021. Sales for available units range in price from $1,850,000 to $6,900,000. Century Plaza Residences has a total of 300 units. Sizes range from 972 to 2940 square feet.

Developer

Woodridge Capital Partners is a broad-based real estate investment and development company founded by Chief Executive Officer Michael Rosenf…
Details about Woodridge Capital Partners