Altana

Region:
Southern California
Address:
540 N. Central Avenue Glendale, CA 91203
Strategy:
Development
Status:
Sold
Acquired:
03/31/2014
Units:
507

A luxury apartment community in Glendale, California, Altana spans two buildings that include 507 residences and more than an acre of private open space. Just south of the Ventura Freeway and close to shopping, mass transit and nightlife, Altana is convenient to Burbank studios and employers such as Cigna Healthcare, DreamWorks, Walt Disney and ESPN. The nearby Verdugo Mountains provide miles of hiking trails while the accessible freeways offer a short 10-mile drive to downtown L.A. and the Burbank airport.

Individual units provide nine to 12 foot ceilings and high-end finishes such as wood-style flooring, modern Italian-style cabinetry, porcelain marble tile, recessed lighting and modern stainless steel appliances. Most of the 507 units also come with either a large balcony or patio, providing private open space.

With 56,000 square feet of open space throughout the community, the spacious private grounds combine social and entertainment areas with lush secluded spaces. Resort-style amenities include clubrooms with demonstration kitchens, a Wi-Fi café and a screening room. The ground level houses an outdoor theater, Zen garden and state-of-the art fitness center spanning two levels. Each building showcases an impressive rooftop pool and lounge deck complete with spa, cabanas and outdoor dining areas. One of the buildings also features a rooftop fitness center and yoga area.

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