45-unit development site is located in the tranquil yet vibrant neighborhood of Mid-Wilshire and is adjacent to some of the best neighborhoods in Los Angeles. The spacious two- and three-bedroom luxury apartments will have an average size of 1,188 SF. The site is located just a mile south of the much-anticipated Wilshire/Fairfax Metro station, scheduled to open in 2023.
- No. of Units 45
- Acquisition Date January 18, 2019
- Acquisition Price $8,630,000
- Total Capitalization $25,000,000