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 |
|---|---|---|---|
| 12 min | - | 7.1 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 | 19 min | - | 12.7 mi |
| Long Beach (Daugherty Field) | 25 min | - | 17.7 mi |
| Bob Hope | 32 min | - | 22.3 mi |