8115 Via Alta, Whittier, CA 90606
  • MLS#: CV25198544 ( Apartment )
  • Street Address: 8115 Via Alta
  • Viewed: 2
  • Price: $30,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2023
  • Bldg sqft: 0
  • Days On Market: 12
  • Additional Information
  • County: LOS ANGELES
  • City: Whittier
  • Zipcode: 90606
  • Provided by: CB RICHARD ELLIS
  • Contact: Eric Eric
  • California Regional MLS IDX
  • DMCA Notice
  • 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 buildings 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.
Property Location and Similar Properties
Request More Information
  • All fields are required.
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Building Area Total
  1. 56567.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
Country
  1. US
Electric Expense
  1. 12364.00
Flooring
  1. Vinyl
Fuel Expense
  1. 5748.00
Garage Spaces
  1. 60.00
Gardner Expense
  1. 15792.00
Heating
  1. Central
Insurance Expense
  1. 51000.00
Laundry Features
  1. Dryer Included
  2. Washer Included
Levels
  1. Three Or More
Lot Features
  1. Lot Over 40000 Sqft
Netoperatingincome
  1. 1504846.00
Newtaxesexpense
  1. 347574.00
Number Of Separate Electric Meters
  1. 60
Number Of Separate Gas Meters
  1. 60
Otherexpense
  1. 12000.00
Otherexpensedescription
  1. Reserves
Parcel Number
  1. 8165008019
Pest Control Expense
  1. 5988.00
Pool Expense
  1. 7980.00
Pool Features
  1. Private
  2. In Ground
Postalcodeplus4
  1. 2785
Professionalmanagementexpense
  1. 250561.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 446470665:CRM
Spa Features
  1. Private
  2. In Ground
Suppliesexpense
  1. 38226.00
Totalactualrent
  1. 2327347.00
Totalexpenses
  1. 852067.00
Trash Expense
  1. 36913.00
Vacancyallowance
  1. 72894
Water Sewer Expense
  1. 38991.00
Water Source
  1. Public
Year Built
  1. 2023
Year Built Source
  1. Assessor
Zoning
  1. WHM1*