Apartments For Sale • 38,862 SF
The Neema Group of Marcus & Millichap is pleased to present a new construction affordable housing investment opportunity |
Built in 2024, the four-story building totals 38,862 SF and consists of 60 efficiently designed one-bedrooms ranging from 360-569 SF |
The property will be delivered vacant at the close of escrow, allowing an investor to execute their lease-up strategy and cash flow immediately |
The building has a secure entrance that leads to a ground floor 1,084 SF recreation room that can be converted to an office space |
There is a bicycle storage room with 48 spaces, an Amazon hub & mailbox area and three laundry rooms on floors 2-4 |
Excellent transit location with multiple Metro bus line stops along Broadway, including a stop just steps from the subject property |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 11 min | - | 7.2 mi |
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 13 min | - | 7.3 mi |
Airport | Drive | Walk | Distance |
Los Angeles International | 18 min | - | 9.5 mi |
Long Beach (Daugherty Field) | 24 min | - | 17.8 mi |
Bob Hope | 30 min | - | 22.3 mi |