Skye 22 in Los Angeles

Name: Sales in Skye 22 started!
Start: 2020-08-11T07:34:59.353896+00:00
End: 2023-12-31T23:59:59+0000
Location: Skye 22

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Project info

Object ID: 8537

Finished at	June 2019
Price, m²	From 5280$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 180.00 m²
Floors	3
Apartments	22
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Universal City/Studio City 8 min North Hollywood 15 min
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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

950,400$

Net profit

9,376$

Payback period

80.9 years

Avg property value increase per year

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About the project

Life is in balance at Skye 22, where modern style and intelligent design bring a fresh vibe to historic Toluca Lake. Tucked into a laid-back neighborhood near restaurants, shops and boutiques along Riverside Drive, Skye 22 places you in the heart of LA’s entertainment capital, a whisper away from production companies, studio back-lots and so much more.

Spacious standalone tri-level residences offer a distinctive point of view, including sweeping skyline vistas from a private rooftop decks. Floor plans with up to 1,980 square feet provide 3 bedrooms, 3.5 bathrooms, and two-space garages. They feature designer curated interior finishes by Highland Park-based design boutique, Matters of Space, and present a refined sanctuary of contemporary style that will speak to you on every level.

Developer

Warmington Residential traces its roots to 1926 when the very first Warmington company built custom residences for movie stars and some of t…
Details about Warmington Residential