We are pleased to announce the complete renovations of another apartment complex located in Northeast Los Angeles. The property includes ten units located at 4234 Lockwood. It is known for its hip atmosphere and as an up-and-coming destination for millennials. This property demonstrates PMI’s Creative Multifamily Strategy and is located just steps from Sunset Junction’s upscale dining, wine bars, boutiques, farmers markets, specialty food stores and much more!
Creative Multifamily is a new line of small, low-rise apartments that are stylish, contemporary, playful and yet, still affordable. Unlike many of the mega story amenity rich multifamily homes being built, our Creative Multifamily living spaces on London street offer modernized bungalows with revamped interiors and large outdoor patio spaces. We stripped away the drywall ceilings in some units to expose and elaborate on the beauty of the high truss ceilings above.
Residents at properties like these are typically young creative’s that appreciate being located within walking distance of several diverse cultural amenities.
We are pleased to announce the full lease up of a twenty seven unit apartment complex, located in Northeast Los Angeles. The property is located less than a mile from Sunset and Silver Lake Boulevard. It is known for its hip atmosphere and as an up-and-coming destination for millennials. This property demonstrates PMI’s Creative Multifamily Strategy. Creative Multifamily is a new line of small low rise apartments that are stylish, contemporary, and playful but yet still affordable. 3100 London continues PMI’s experiment that some millennials prefer the low rise individual single level apartments with private outdoor space over the brand new multistory complexes packed with amenities like gyms, spa pool, and roof top fire pits. At London, each unit appears as a casita with no units above, and each unit has a 150 square feet of private outdoor space off the living room or bedroom to extend the interior’s usable space.
Generous Private Patios
Yet 3100 London offered brand new contemporary interiors
Finally, we were able to offer residents generous parking that is so often missing from older complexes.
. Residents here want to walk to amenities and identify with the artistic flavor of the neighborhoods. The property is located just steps from upscale dining, wine bars, boutiques, farmers markets, specialty food stores, and much more!
10 minute train ride to Downtown Santa Monica and 11 minutes to Culver City
One of the biggest complaints I get from leasing brokers is that we do not have enough parking for the new densities demanded by media, tech, and entertainment companies. Some tenants need 5, 6, or 7 spaces per 1000 square feet, yet very few buildings are even parked at 5 spaces per 1000 square feet.
We have finally solved the problem at one of our buildings at 10951 Pico Boulevard in West Los Angeles. In addition to our 3 spaces/ 1000 square foot parking onsite, we can provide virtually unlimited parking at the Westside Pavilion. The Westside Pavilion is not even a quarter mile away from the property, less than a two minute walk; plus, it is a delightful walk past many popular bars, coffee shops, and restaurants.
In addition to the abundance of parking, the property is located less than half a mile from the Sepulveda Expo Station — not even an 8 minute walk. The train ride to Culver City is only 11 minutes and Downtown Los Angeles is a quick 37 minutes. THE Expo opens on May 20, 2016, at which point the train will also go to Downtown Santa Monica and take just 10 minutes. The train runs every 12 to 13 minutes.
We currently are leasing a 4,560 square foot creative space for November 2016. The ground floor space has a great creative look and has the parking and transit that your tenants are looking for.
Pixel Power Post , an LA based post production company has leased 2,720 square feet of creative office space with PMI located at 4223 Glencoe Avenue in Marina Del Rey.
Pixel Power is a collective of award winning visual artists and editors who are experts in digital composition, color correction, digital enhancement,and motion graphics.The firm has worked on many commercials for such clients as Got Milk, Chrysler, Coke, JC Penny, Motorola, Tide and many others.
David Wilson and James Wilson of Lee and Associates represented the landlord and Derek Newton of SaraVita Properties Inc represented the tenant in consummating the five year lease.
4223 Glencoe is a creative office building called Marina Studios near Glencoe and Maxmella in Marina Del Rey. It is a perfect alternative for smaller creative tenants who want proximity to both Playa Vista and Venice as well as walkability to lofts and numerous restaurants and coffee houses.