2.25 Acres Lot
2.25 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25198544
HOA Y/N No
Year Built 2023
Lot Size 2.255 Acres
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Los Angeles
Area 670 - Whittier
Zoning WHM1*
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplace No
Appliance Dryer, Washer
Exterior
Garage Spaces 60.0
Garage Description 60.0
Pool In Ground, Private
Community Features Curbs, Dog Park, Sidewalks
Total Parking Spaces 60
Private Pool Yes
Building
Lot Description Lot Over 40000 Sqft
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 8165008019
Energy Description 5748.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
