Carmel Partners

The Vue

301 Unit High Rise in Los Angeles Area

Region: Southern California
Address: 255 W 5th Street, San Pedro, CA 90731
Strategy: Renovation
Status: Sold
Acquisition Date: 04/14/2011
Units: 301

Captivating apartment homes soaring high above San Pedro and L.A. harbor, The Vue offers luxury hi-rise living in Southern California.

The Vue is a 16-story hi-rise located in Los Angeles’ South Bay, a short drive from Long Beach and the Palos Verdes Peninsula. The 301-unit property is in the heart of the historic Downtown and Arts District of San Pedro, a vibrant seaside community adjacent to the Port of Los Angeles with a wide selection of cafes, microbreweries, and upscale restaurants within walking distance. VUE_22 PoolDay All units have floor-to-ceiling windows and balconies with premium views of either the ocean and harbor or the city and hills of Palos Verdes. Condo-quality finishes include modern kitchens and baths with European-style hardwood cabinets, stainless steel appliances, and Caesarstone countertops. Open floor plans include breakfast bars that overlook the living areas. Units also come with full-size stackable washer dryers and tile floors.Hero 2 - Vue Amenities include complimentary classes at the on-site yoga studio, a luxury outdoor pool with cabanas and spa, executive class boardrooms and a rooftop sky lounge with sweeping coastal views. An upscale concierge service, VueMaster, allows residents to easily schedule dinner reservations, airport shuttles or dog-walking. Operations were enhanced through improved property management, targeted revenue management and lease expiration strategies, and increased utility recovery income. Hero 3 - Vue