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Apartments For Sale • 49,581 SF
| 55-Unit Scale & Vintage: Features 1988-construction garden-style apartments complemented by a detached 1950 single-family home. |
| Favorable Unit Mix: Strong layout of 14 one-bed/one-bath units, 40 two-bed/two-bath units, and 1 detached two-bed/two-bath home. |
| Substantial Value-Add Upside: Opportunity to capture higher rental income through interior renovations, amenity refreshes, and rebranding. |
| Quality In-Unit Amenities: Residences feature central air conditioning, private patios or balconies, dishwashers, and generous closets. |
| Desirable Community Features: Gated community equipped with a swimming pool, spa, on-site laundry facilities, and ample resident parking. |
| Amenity Enhancement Potential: Opportunity to upgrade common areas with a modernized pool deck, stainless-steel BBQs, and new monument signage. |
| Cap Rate: | 5.13 % |
| Total Expenses: | $572,201 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Montebello/ Commerce Metrolink Station (Metrolink Riverside Line - Metrolink Trains) | 11 min | - | 5.3 mi |
| Commerce Metrolink Station (Metrolink Orange County Line - Metrolink Trains) | 12 min | - | 5.5 mi |
| Airport | Drive | Walk | Distance |
| Long Beach (Daugherty Field) | 25 min | - | 16.3 mi |
| Los Angeles International | 33 min | - | 24.5 mi |
| Bob Hope | 40 min | - | 28.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 108 |
| Type: | Covered |
| Included in Rent: | Yes |
Tyler Leeson
Marcus & Millichap
Tyler Leeson
Marcus & Millichap
