SOLD! We’re excited to announce the successful sale of this well-maintained multifamily investment, which had been family-owned and offered for the first time in over 11 years. The property features spacious 2 Bed + 1 Bath units averaging approximately 900± SqFt, separately metered utilities, and was marketed with strong in-place income at a 5.74% Cap Rate and 11.39 GRM. Located in a high-demand, employment-rich rental pocket with historically low vacancy, the property also offered additional upside through potential ADU conversions. Its convenient location provides easy access to the 5, 710, 60 and 605 freeways, and the property is subject to AB 1482 with no local rent control. This sale represents another successful closing from a family-owned 6-property, 47-unit portfolio entrusted to Southern California Apartment Group. Another property SOLD. Another step forward in the execution of this 47-unit portfolio strategy.

Transaction Highlights

• HIGHLIGHT COMING SOON
• HIGHLIGHT COMING SOON
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Investment Highlights

• First Time Offered for Sale in Over 11 Years
• Excellent Unit Mix – Spacious 2 Bed + 1 Bath Units Throughout
• Large Units – Averaging Approximately 900± SqFt Each
• Value-Add Opportunity – Potential for Multiple ADU Conversions
• Strong In-Place Metrics – 5.74% Cap Rate & 11.39 GRM
• Separately Metered for Gas & Electricity
• High-Demand Rental Pocket – Located in an Employment-Rich Area with Consistently Low Vacancy
• Strategic Location – Easy Access to the 5, 710, 60 & 605 Freeways
• SB 721 Balcony Inspection Report Completed
• Subject to AB1482 Only | No Local Rent Control