21-Unit Studio Apartment Community
Thank you for your interest in Cocoon 20, a modern 21-unit studio apartment community located in Gardena, California.
Built in 2024, Cocoon 20 is a recently stabilized apartment community offering investors a turnkey opportunity with strong in-place cash flow, modern construction, and professionally managed operations. Following a successful operational transition, the property is fully occupied and operating at market rents with no ongoing leasing concessions.
Investment Highlights
21 Studio Apartment Units
Built in 2024
Great Occupancy
Gross Scheduled Income: $541,500
RUBS Reimbursement Income: $25,474
Gross Operating Income: $545,314
Net Operating Income: $367,512 (6.13% Cap Rate)
Estimated Operating Expenses: 31.4% of Gross Operating Income
Current DSCR: 1.30x
Professionally Managed
Separately Metered Electricity with RUBS Utility Reimbursement Program
Cocoon 20 offers investors the opportunity to acquire a stabilized, newer-construction apartment community with durable in-place income and future rental growth potential in the South Bay submarket of Los Angeles County.
Please review the Offering Memorandum and contact us for the complete rent roll, operating statements, pro forma, and property specifications.