SRG Residential has been awarded management of The Ventana Apartments in Playa Vista, CA by investment management firm Invesco.
Several communities on the Westside of Los Angeles, including Playa Vista, have been dubbed “Silicon Beach” by residents and the press, due to their concentration of established tech companies and fresh start-ups. Playa Vista is home to offices for Google (with new offices once occupied by Howard Hughes’ famous aircraft, the Spruce Goose), YouTube, and trendy smaller companies like The Honest Company.
The Ventana is a 405-unit community, and offers prospective residents a choice between its classic 1, 2, or 3-bedroom Mediterranean-style “Ventana Villas”, or 1 or 2-bedroom contemporary “Flats at Ventana” apartment homes.
SRG Residential's Sr. Vice President Jeff Bailey says, “Ventana is a beautiful property with tremendous value-add opportunities for its stakeholders. Its location is prime, and further increases SRG’s footprint in Los Angeles. Improvements to Ventana’s common areas and unit renovations will take place soon.”