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$ 30,000,000
Est. payment | /mo
3 Beds
3 Baths
$ 30,000,000
Est. payment | /mo
3 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25198544
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
We are proud to present a unique multifamily investment opportunity in Whittier, California, featuring a newly constructed, 60-unit Class-A suburban property. Cierra Apartment Homes is a 2023 newly constructed asset being offered as an exceptional investment opportunity situated in the Eastern Los Angeles submarket. This community boasts high- quality finishes and is ideal for private capital investors. Its prime location, modern design, and desirable amenities make it a standout property in the area. Situated on a highly visible infill site along Via Alta, Cierra Apartments features contemporary architecture and lush landscaping. The property is conveniently located within a short commute to major employment centers, including downtown Los Angeles, the Inland Empire, and Orange County. The buildings 60 units offer inviting and stylish interiors modern refuge with the latest finishes and appliances. The thoughtful hardscaping and streamlined exterior create a sense of spaciousness that is rare for a property of this size. The communal areas are a distinctive feature, setting Cierra apart as a premier luxury residence. Given the limited supply of new multifamily properties in the region due to constrained land availability and local zoning restrictions, Cierra Apartments is well-positioned to benefit from strong rent growth. Cierra is a prime income-producing property and a great long-term investment asset. The property is in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1
Location
State CA
County Los Angeles
Zoning Assessor
Direction Merge onto CA-60 W, Take exit 16 for Hacienda Blvd, Turn left onto S Hacienda Blvd, Turn right onto Colima Rd, Turn right onto M
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Pool Below Ground, Private
View Y/N No
Building
Story 3
Level or Stories 3
Others
Tax ID 8165008019
Listed by Eric Chen CB RICHARD ELLIS
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "