Apartments For Sale • 10,382 SF
| Gated garden-style apartment complex with secure common areas and controlled access |
| Strong in-place income at a 6.10 percent cap rate and 12.17 times GRM |
| Estimated rental upside of approximately 25 percent for immediate value-add potential |
| Brand new electrical panels throughout, helping achieve favorable insurance rates |
| Large, secured parking layout: two single garages, twenty-one carports, and two additional spaces |
| Unused enclosed area offers potential for two-story addition or future expansion (buyer to verify) |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) | 10 min | - | 4.3 mi |
| Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink)) | 12 min | - | 5.8 mi |
| Airport | Drive | Walk | Distance |
| Long Beach (Daugherty Field) | 22 min | - | 13.1 mi |
| Los Angeles International | 26 min | - | 14.4 mi |
| Bob Hope | 35 min | - | 25.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 20 |
| Type: | Surface |
| Included in Rent: | Yes |