LOS ANGELES-CIM Group has acquired the View, a renovated 168-unit high rise apartment building at 3460 W. 7th St. in Koreatown. The purchase price was not disclosed.
Built in 1965, the building's renovations include a seismic retrofit, a new sprinkler system and elevators. The units have been transformed into modern luxury residences with high-end finishes, including CeasarStone countertops, Grohe fixtures, European-style soft-close cabinetry, and hardwood floors throughout the living areas.
The residences range from studios to two-bedroom units, each featuring a full-size washer and dryer, stainless steel appliances and new operable dual-glazed windows. The View also offers a private outdoor swimming pool and lounge area, a garden, game room, and a fitness center. It is near the Wilshire/Normandy subway station.
CIM Group also owns Hollywood & Highland, among many other offices, residences and other units in L.A.
As previously reported by GlobeSt.com, CIM Group recently signed web comedy site Funny or Die as its first client lease for a new building at the Lot, a West Hollywood creative campus currently under construction.
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