JAPANESE
Loading...

Hulic Acquires Rental Housing Property in West Hollywood, California

Hulic Acquires Rental Housing Property in West Hollywood, California

Hulic Co., Ltd. announced on July 24, 2026, that it had jointly acquired Domain, a rental residential property in West Hollywood, California, with local real estate company CIM Group LLC.

The property is located along Santa Monica Boulevard, an area with a concentration of retail, dining, and entertainment facilities. Completed in 2016, it is a seven-story building with 166 units in total, comprising studio, one-bedroom, and two-bedroom layouts, of which 33 units are designated as affordable housing. The ground floor includes retail space of approximately 258 tsubo (approx. 9,200 sq. ft.).

Common areas include a pool and spa with an outdoor kitchen, a fitness studio, and other amenities, with views of the Hollywood Hills. The surrounding area offers excellent access to Los Angeles employment centers and has a large concentration of entertainment-related facilities, making it a location that attracts housing demand mainly from young white-collar workers.

This is the third joint investment by Hulic and CIM Group, following the senior housing properties 1902 Park Avenue in Los Angeles and Overture Hamlin in Florida, expanding their investment focus to urban rental housing that anticipates demand from young white-collar workers (see related article: Hulic and CIM Group Acquire Florida Senior Living Community "Overture Hamlin").

Key Facts

• Property Name: Domain

• Buyer: Hulic Co., Ltd. / CIM Group LLC

• Seller: Undisclosed

• Location: 7141 Santa Monica Blvd, West Hollywood, CA 90046

• Completion: 2016

• Number of Floors: 7F

• Site Area: approximately 1,628 tsubo (approx. 57,900 sq. ft.) / Leasable Area: approximately 4,220 tsubo (approx. 150,200 sq. ft.)

• Total Units: 166

• Unit Layouts: Studio / One-Bedroom / Two-Bedroom