Onyx South Park
424 W Pico Blvd, Los Angeles, CA 90015
162 units
Attributes
Number of 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)
Contact brokers
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
20 Apr 2026