Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2023
Sq.Footage
N/A
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 building’s 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 1031 exchange opportunity.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
6
-
Pool
Yes
-
Pool Features
Private, In Ground
Area & Lot
-
Lot Size(acres)
2.2547
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$30,000,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Association Amenities
Dog Park
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
1
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Eric Chen , CB RICHARD ELLIS
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