8115 Via Alta, Whittier, CA 90606
- $30,000,000
- List Price
- $30,000,000
- Status
- ACTIVE
- MLS#
- CV25198544
- Year Built
- 2023
- Lot Size
- 98,213
- Acres
- 2.25
- Lot Location
- Lot Over 40000 Sqft
- Days on Market
- 16
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Three Or More Levels
Property Description
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.
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Additional Information
- Appliances
- Dryer, Washer
- Pool
- Yes
- Pool Description
- In Ground, Private
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 60
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 60
- Gross Scheduled Income
- $2,429,807
- Operating Expense
- 852067
Listing courtesy of Listing Agent: Eric Chen (eric.chen@cbre.com) from Listing Office: CB RICHARD ELLIS.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.