909-418-2071
8115 Via Alta, Whittier, CA for Sale
Apartments - FOR SALE
1/80
null | Request Cap Rate

8115 Via Alta
Whittier, CA 90602
East Whittier City


HIGHLIGHTS

  • PRIME LOCATION - Central location with easy access to major highways, public transportation, and a walkable neighborhood with dining and shopping
  • GROWING DEMAND - Whittier is experiencing a surge in demand for modern, luxury apartments, driven by its growing population and limited housing supply
  • UPSCALE AMENITIES - Organic outdoor spaces, modern design, and fresh interiors make Cierra a desirable destination
  • HIGH-RENT GROWTH POTENTIAL - With a strong economy and growing population, Whittier offers a high potential for rent growth
  • LOW VACANCY RATES - Whittier has a low vacancy rate, indicating a strong rental market and reduced risk for investors
  • DIVERSIFIED INCOME STREAMS - Cierra Apartments offers a mix of 1 and 2-bedroom apartments, providing a diversified income stream

OVERVIEW

CBRE is 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 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.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

60

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cierra Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.25 AC

LAND SF

98,010 SF

ZONING

-

APN/PARCEL ID

8165-008-019

ASK ABOUT THIS PROPERTY

Eric ChenCBRE, Inc.More Info
909-418-2071

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Eric ChenCBRE, Inc.More Info
909-418-2071

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.