Units
234
Gross SQFT
218,556
Year Built
1972
Property Type
Apartments
Broker of Record
- Kyle Matthews
- License No. 67120 (GA)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc.
- 2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245
INVESTMENT HIGHLIGHTS
- Ability to increase the in-place current average rent nearly $400-425/unit through exterior face lift and light interior renovations
- Attractive unit mix of large 1, 2, 3 and 4 bedroom units with an average size of 934 SF
- YoY rent growth in this submarket of 7.1%
- Easily accessible public transit with bus station located right at the front of the community
- Convenient access to I-285
- Desirable amenities and features including in unit washer & dryers, playground, basketball courts, picnic & grill area
- Ample parking with 538 Surface parking spaces
- Expiring HOME program rent restrictions in December of 2026