Wallace on Sunset
6230 Sunset Boulevard, Los Angeles, CA, 90028, US
200 units
Attributes
Units
162
Occupancy
99%
Rent & Income Restrictions
100% LIHTC
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer the Southern California LIHTC Portfolio, a fully stabilized collection of three 100% LIHTC communities totaling 162 units across Ventura, Orange, and Riverside Counties. The portfolio benefits from extended affordability through 2051–2055, high occupancy, minimal bad debt, and meaningful rent spreads of approximately $570 to over $1,600 versus market‑rate comparables, providing durable, bond‑like cash flow with embedded AMI‑driven rent growth in supply‑constrained Southern California markets.
The Properties are being offered individually or as a Portfolio.
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Investment highlights
- Stable, Bond-Like Cashflow
- Significant Rent Growth Upside
- Strong Positioning within the Submarkets
- Proximity to Economic Drivers
- Longstanding Tenant Base
Media
Southern California LIHTC Portfolio (3 Properties)
Southern California LIHTC Portfolio (3 Properties)
