1230 Horn Ave | Horn Plaza


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Horn Plaza
1230 N Horn Ave
Los Angeles CA 90069

Horn Plaza is a hillside, 7 story, 102 condo development in the Hollywood Hills above the Sunset Strip. Built in 1972, it was converted to condominiums in 1980 by American Capital Corp. There are only a handful of condos in the Hollywood Hills, so this is perfect for a hillside home buyer as an in-between step, or to stay for the long term.

Horn Plaza is on a Hilltop at the end of a cul-de-sac so it is very private and surrounded by mother nature’s artwork. The architecture is futuristic, modern, and quirky. Emblazoned Red glazed tiles on the façade grab your attention. The Views from the rooftop deck and some balconies reveal the city’s twinkly lights as well as it’s perfections and imperfections.

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The 80’s Marketing for Horn Plaza never let an opportunity pass to make cheesy horn puns. One Ad said “Take the Bull, BUY the Horn” (my favorite), another boasted “The Horn of Plenty”. Now I don’t mean to horn in on the puns, but if you want to buy, sell, or lease Horn Plaza- pick up the horn and call me!

Location

Just down Horn is the former location of Tower Records.

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A new Document by Colin Hanks called “All Good Things Pass” talks about the history of the now defunct record store. The only record store left in LA I can think of is Ameoba. There is a Coffee Bean and Euro Café near Sunset & Horn so you can get yourself a caffeinated reward for walking all the way down the hill.

Horn Plaza is right off the Sunset Strip- each year there is the Sunset Strip music festival, and you have music venues- Whiskey-A-Go-Go, The Roxy, and Viper Room. Down the Road on San Vicente is the London Hotel with its amazing Rooftop Lounge.

Go the other direction and Sunset Plaza shopping center and outdoor cafés are five minutes away.

Real Estate

Horn Plaza is a big complex. It has a complicated network of Elevators and Corridors so it takes a little while to learn your way around. I’ve gotten lost at least once or twice looking for the pool. The Condos are all moderately sized and a mix of (58) 1BR ranging in size from 800 -1,000 sqft and (44) 2BR ranging in size from 1,000-1,300 sqft. The 1Br go for between $500,000 and $600,000 and the 2brs are selling between $700,000 and $800,000.

Floorplans are all single level. Most Condos have a small balcony. No Formal Entry, walk straight into the living room. Living Rooms and Dining Room are open concept. The Living room has a gas fireplace. The Dining Room comfortably seats 4 and has a trayed ceiling, which is a great place to hang a chandelier. You are allowed to have in Unit Laundry, and most owners have added them in the unit, otherwise, there are community laundry rooms. There is a ton of closet space in the bedrooms which is a big plus. Master bedrooms have a walk-in closet. Galley style kitchens with Electric Ranges.

Turnover Ratio?  5%

Appreciation: 4%

Record Sale: $785,000 7/13/2006

Horn Plaza Amenities

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-Heated Pool and Spa. The Pool gets shade because it faces North.

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-Rec Room equipped with: Pool Table, Ping Pong Table, and TV.

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-Rooftop Deck

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-Lobby (Currently under renovate-Onsite manager M-F 8:00 am-7:00 pm)

-2 Great Dog Runs

Parking and Laundry

Horn Plaza has excellent guest parking. 12 Guest spots! 1 Bedrooms get 1 deeded parking space, 2 bedrooms get 2 parking spaces. Parking Spaces are a mix of side by side and tandem.

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There are community Laundry Rooms however Horn Plaza allows owners to install Laundry in unit. Most condos have been upgraded to have in-unit Laundry. Many owners put a stacked washer dryer in the hallway outside the bathroom.

Home Owners Association

I have to say the onsite management does a great job. The manager has been with the building for several years so they know what to do. The HOA has a dedicated group of members who are responsive to the communities needs. The lobby currently under renovation

HOA dues Monthly Cost? $500- $600/mo.

HOA dues cover? Water, Trash, Basic Cable, Staff, Building Maintenance, Building Insurance, Reserves

Owner Pays? Electricity, Internet, Condo Insurance

any special assessments? Yes HOA is spending 1M to renovate Lobby.

Pet Policy? 2 Pets Max. 60 Lbs weight limit. 

Rental Policy? Lease 1-year minimum. HOA requires owners to deposit 2 months HOA dues with Management. (about 20% of the condos are rentals)

EQ Insurance?  NO

Building Reserves? 850K – 900K about 40% to 50% funded

Special move in instructions? Move-In Fee $250, M-F 9 am to 5 pm only, sorry no weekend. 

Can you have a BBQ on the balcony? Yes

MOVE IN FEE? $250 Move-in Fee

Management company?

Francesca Prillwitz – Office in Lobby
310-659-2570
hornplaza@roadrunner.com

 

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