Club California

10982 roebling ave

Address:
Club California
10982 Roebling Ave
Los Angeles CA 90024

Summary:

the holdout

Club California is a low rise  courtyard style condo building located in Westwood walking distance to UCLA. There are 212 condos in Club California which are 80% 1 bedrooms. California Club is one of two large condo complexes in the UCLA area, the other is the highrise 969 Hilgard. What makes Club California different from other 5-10 unit condo’s in the area is it’s many amenities and right next to UCLA location.

Club California was built in 1973 as an apartment complex and then converted to condominiums in 2005-2006.

Only 30% of Club California condos are owner occupied which means 70% are rentals. This can cause a problem when trying to get a loan for a new purchase because most lenders like to see no more than 50% of the condos being used as rentals. Don’t be discourage – there are lenders out there who will lend in this building you just have to look.

WHY To BUY! 

  • Affordability- low prices and HOA dues
  • Walk to UCLA + Medical school
  • Great Amenities
  • Security, night time security guard 4 nights a week + security cameras + subterranean gated parking
  • For Investment- great rental condo
  • You are a basketball player 
  • You are looking for a 1 bedroom condo

Neighborhood: 

California Club is located in the city of Westwood and just a 5 minute walk to UCLA and Westwood Village.

westwood village los angeles

Westwoold Village is a small scale retail and shopping area, that is really the heart of the UCLA and has a ivy league college town feel. The main shopping destination is the local Target/Ralphs located at Weyburn and Glendon. There is also a Trader Joes and Whole foods for grocery shopping. The village is pedestrian friendly with wide side walks, huge cross walks, and long timers on the lights so that it is easy to travel on foot.

The majority of the businesses in Westwood Village are restaurants, which give you a variety of dinning options. For fine dinning, there is Napa Valley Grille  which has an amazing outdoor patio and Palomino. There are cafés, dinners, bars and burger places, and fast food chains like In’N’Out and Chipotle.

fox theater at night

 

One of the most beautiful buildings in Westwood Village is the historic Fox Theater at the intersection of Broxton and Weyburn. You can’t miss it, it has a 170 foot art deco tower that lights up at night like a beacon. Over the years many Hollywood blockbusters have premiered there.

westwood hammer museum

Another locale point of interest is the hammer museum. They are very active, and try to highlight local Los Angeles artists, but also get exhibits from all over the world. The Los Angeles Film Fesitival is held at the hammer every year, typically attendance is around 100,000.

One of my first memories of Westwood Village was going to a hookbar called Habibi’s when I was in highschool and smoking hooka. Well, Habibi’s is still there! and favorite spot for locals.

Diddy Reese Westwood

 

Student with a sweet tooth know where to get their sugar fix: Diddy Riese which makes delicious chocolate chip cookies. There is always a line in front of this place!

One more westwood village spot I’d like to put on your radar is Pressed Juicery. I don’t know if you are into the pressed juice health crazebut this place has some really interesting fresh juices.

Real Estate

 California Club was an apartment conversion, which means that there are thinner walls, community laundry room, and wall AC which is typical for condo conversions. The Developer had one standard finish package that they did for each unit. The kitchens look like this:

10982 roebling kitchen

Annual Appreciation?

Condo Mix

Type # of Condos Sqft
1 Bedroom 172 800sqft to 400 sqft 
2 Bedrooms 38 1250sqft 850 sqft 
3 Bedrooms  2 1400sqft

California Club is 80% 1 bedrooms which rent for $2,000/month and the rest is 2 bedrooms that rent for $3,200.

Club-California-Hallway

HOA dues are low at $400 per month, but expect a less frequent maintenance routine like carpet cleaning in the hallways.

14-729371-dfs

Prices for 2bedroom prices peaked in 2006 at $700,000-$750,000. There is a 2 bedroom that just came on the market testing $700,000 price mark again. The other 2 bedrooms that have sold so far $600,000.

One bedrooms are selling for $400,000 but peaked in 2006 for $550,000. The studios currently are selling at $300,000. Most units have a private balcony.

california club balconies

Some of the floor plans are town home style, but majority are single story floor plans.

club california loft

Typically about 15 condos sell a year which is a turnover ratio is ~7%.

 Amenities

california club outsidepool

Pool, the pool is outside and faces south. It has lounge chairs for tanning and hanging out by the pool on a hot summer day. The Cabanas great for putting food/drinks/coolers out.

bbq area poolside

BBQ’s poolside.

10982 roebling gym

10982 roebling fitness center

-Gym, the gym has flat screen TVs on the wall so you can watch your favorite TV show while you work out. The gym has a good combination of Cardio equipment: Treadmills, ellipticals, cycling machines, and strength training: circuit machines and free weights. There’s also space to do stretching, yoga, pilates, etc.

-Lounge with Billard tables, There is a large lounge for hanging out with wifi, a TV, a bar, pool table, and card table and chairs. Great for hosting a party for special events.

Club-California-Westwood-Billiards

-Basketball Court (Half court) 

10982 roebling basketball court

 

Practice those free-throws, play a game of pig, or a pickup game. A Basketball court is very uncommon amenity. Usually you have to go to a park nearby to play basketball.

-Security Cameras

-Onsite Manager

Parking & Laundry

California Club Laundry

California club westwood Laundry 2

There are several common area laundry rooms around the property. This can be a real drag when you have to wait in line on Sunday to do your laundry. If you do laundry on the weekdays you shouldn’t have a problem.

Club-California-Westwood-Parking

California club has a gated subterranean parking garage which is great because it keeps your car off the street- which means no broken windows or parking tickets, and out of the sun, so for darker paint colors like black and red less paint fading. There are two entrances to the garage both on Roebling.

California Club parking

One level of the parking garage is ground level and the other is one level below that. Some residents have complained that the parking spaces are narrow but they seem normal to me.

2 bedrooms for the most part have two parking spaces but some only have 1 parking space so be sure to check. The 1 bedrooms all have 1 parking space.

Guest parking?

Home Owners Association

FRONT DESK PHONE: 310-443-1417

 HOA Due Cost? ~ $400/Month

HOA dues cover? Included in Dues: Trash, water, basic building insurance, Common Area Maintenance

Owner Responsible for? Electricity, Gas, Cable, Internet

Special Assessments? No

Pet Policy? 

Rental Policy? Ok

EQ Insurance? No

CCRs? Building Reserves?

Special move in instructions?

Can you have BBQ on balcony?

FHA Approved: No

Management company:

LBPM Property Management
818-981-1802

4730 Woodman Avenue Suite 200
Sherman Oaks, CA 91423

 

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