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Apartments For Sale • 39,852 SF
| LENDER OWNED! NON-Rent-Control apartment investment – newly built completed in Dec 2022 and COO issued in Feb 2023 |
| Offered at attractive CAP Rate of 6.25% with additional upside including converting office structure to ADU |
| Offered at a low price of $300/SF for a brand-new construction - Positive Leverage deal on a new product without rent control restriction |
| Subject property was appraised for more than $9million back in May 2023 (report will be provided during escrow) |
| Superb unit mix of Fourteen 4-bedroom townhome style units with direct access to 2 car garages |
| Brand new everything – MEP: Copper plumbing, abs sewer pipe, new roof, new electrical |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) | 9 min | - | 4.0 mi |
| Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink)) | 11 min | - | 5.5 mi |
| Airport | Drive | Walk | Distance |
| Long Beach (Daugherty Field) | 21 min | - | 13.5 mi |
| Los Angeles International | 26 min | - | 14.3 mi |
| Bob Hope | 34 min | - | 25.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 35 |
| Type: | AttachedGarage |
| Included in Rent: | Yes |