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December 6, 2022
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Glendale Office to Res Tower Conversion Completed

9/29/22

Arista Glendale Phase I, an eight-story luxury multifamily rental high-rise with 53 apartment homes in Glendale, has been completed and is set to open to the public. The project, located at 520 N. Central Ave, is a conversion of a stately eight-story granite-clad office tower built in 1985.

The 8.4k sf of existing ground-floor retail space has been retained with tenants East West Bank and H&R Block Advisors. The elegant entrance and dramatic two-story lobby speak to Arista Glendale’s provenance as a landmark office building.

Arista Glendale is co-developed and owned by Adept and Octane Group, both based in Pasadena. Design and architecture is by Adept.

Arista Glendale Phase I is part of a two-building project at 520 / 521 N. Central totaling 98 units. Originally designed as a condo project, the community offers boutique-style living with opulent condo-level interior finishes and fixtures.

Many apartment homes offer luxury features including engineered hardwood flooring, Carrara Marmi countertops, soft close cabinetry; refrigerator and dishwasher built into cabinets; microwave mounted under kitchen island with a distinctive undermount opening; custom closet build outs; designer bathrooms with separate tub /showers, and laundry rooms. All third-floor apartment homes have hardwood floors.

High end appliances include Bosch dishwashers; KitchenAid stoves; Sharp microwaves; Samsung/KitchenAid refrigerators, Fisher & Paykel in penthouses; and Whirlpool/LG washer/dryers. All apartment homes in Phase I have nearly floor-to-ceiling windows, many with stunning panoramic views of Burbank Hills, the downtown LA skyline, and majestic Verdugo and San Gabriel Mountains.

Phase I community amenities include a co-work space; conference “zoom room;” an inviting and luxe resident lounge complete with entertaining spaces, billiards, TV, and gourmet kitchen; a fully equipped fitness center; and outdoor green space, which functions as a designated park. Residents also receive assigned on-site garage parking.

The project is being managed by Newport Beach-based Sares Regis Group, who consulted on transitioning / positioning the asset to a rental vs. for sale community. Floorplans range from 751 sf to 2k sf. Rents are approximately $3,950 - $6,355 for two bedrooms, two baths; $6,205 - $7,005 for three bedrooms, three baths; and $6,775 - $10,900 for penthouses.

When completed, Arista Glendale’s two high-rise buildings will feature a total of 98 luxury apartment homes connected by a courtyard. Arista Glendale Phase II will feature shared amenities including rooftop pool, spa, and an outdoor entertaining lounge, complete with a fire pit, BBQs and cabana.





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