Newport & Valencia Ave
Valencia Ave, Tustin, CA, 92782, US
4.45 헥타르
묘사
Executive Summary
JLL, as exclusive advisor, is pleased to present the opportunity to acquire 1925 Broadway (the “Site”), a ±0.69-acre Site located in the City of Santa Monica. With increasingly strong demand for housing in Santa Monica, the Property offers investors a rare development opportunity for multifamily use.
The Property benefits from SB 330 vesting rights, streamlining the entitlement process for an 8-story project with a minimum of 193 units. An existing settlement agreement further expedites the Administrative Approval, offering a clear path to development.
Santa Monica is a highly desirable market with a population of over 87,000 and a median household income of nearly $109,000. The property at 1925 Broadway offers residents a prime location, nestled in a neighborhood just a 10-minute bike ride from Downtown Santa Monica, the Pier, and surrounding beaches, while remaining removed from the congestion of the tourist areas. The city boasts numerous boutiques, trendy restaurants, and vibrant nightlife, making it the hottest location in Los Angeles, with an attractive mix of entertainment, shopping, and dining.
...
개요
토지 총면적
0.28 헥타르
미디어
투자 하이라이트
Developer Agreement:
City ordinance that allows for expedited approvals and off-site affordable options.
CEQA Exempt:
The ordinance allows the Site to be exempt from CEQA review.
Premier Location:
Superior location in proximity to St. John’s Hospital, work centers, freeways, and beaches.
Thriving Economy:
Dominant employment hub and the epicenter for jobs in Greater Los Angeles.
Exceptional Demand:
Strong renter demographics with increasingly strong demand.
Walker’s Paradise:
Amenitized and vibrant neighborhoods easily walkable or bikeable.
담당자에게 연락하기
1925 Broadway (0 부동산)
JLL은 포트폴리오를 금융화하고 관리하는 데 도움을 줄 수 있습니다. 오늘 이메일을 보내어 어떻게 당신의 야망을 달성할 수 있을지 알아보세요.
마지막 업데이트
2025년 7월 22일
