Investment Highlights
The Vermont is an iconic, Class-A+ high-rise located in Koreatown near Downtown Los Angeles at the southeast corner of Vermont Avenue and Wilshire Boulevard, one of the city’s most central intersections with an average daily traffic count of more than 74,000 vehicles. The asset was the company’s first investment in Southern California and was acquired on a pre-stabilized basis. TruAmerica plans to add value by completing the residential and commercial lease-up.
The Vermont, with a WalkScore of 97, is an extremely walkable locale, with proximaty to all of the local restaurants, shopping centers and entertainment venues. The Property is located just a short walk from Wilshire’s Financial District, which houses over 8.2 million SF of office, and is located directly across from the Wilshire/Vermont metro station, providing access to Downtown LA, Hollywood, Union Station, USC, and eventually Westwood once the Purple Line Extension is complete.
Property Highlights
Iconic flagship Class-A property in the heart of Koreatown, featuring state-of-the-art amenities, world-class interior decor, and desirable retailers on the ground and mezzanine floors. Featuring controlled access and panoramic views of the cityscape, residents and their guests enjoy a five-star experience in the SkyLobby from the moment they step in.
Residents enjoy VIP access to TheClub, which features floor-to-ceiling windows, breathtaking views and an elegant outdoor patio— perfect for entertaining and hosting celebrations, big and small.
Amenities
- Panoramic views of the cityscape
- Exceptional hospitality and service
- Outdoor infinity pool
- Dog park
- Private, fully equipped fitness center
- Resident lounge
- Controlled-access
- Conference center
- Secure elevators
- Concierge service