El Centro
Hollywood Boulevard 6200, Los Angeles, CA, 90028, US
507 units
Asset Description
JLL, as exclusive advisor, is pleased to present for sale, Reserve at Chino Hills (the “Property” or “Reserve”) a 482-unit, value-add multi-housing opportunity consisting of 440 units constructed in 1987 and 42 newly constructed townhomes. Reserve presents the rare opportunity to acquire a one-of-a-kind, operationally sound asset with proven upside in a highly
desirable Southern California location. The Property is well-positioned within the affluent Inland Empire city of Chino Hills at the junction of Los Angeles, Orange, San Bernardino, and Riverside counties.
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Attributes
Number of units
482
Year built
1987
Building area net
33,752 m²
Media
Investment Highlights
- Operationally Sound Asset With Extended History of Outperformance
- Differentiated Product Featuring 42 Newly Constructed Townhomes Highlighted By an Impressive Lease Up
- Proven Value-Add Opportunity Offering ±$170/Unit/Mo Renovation Premium Across the Remaining ±72% Unrenovated Units, Capturing Pent-Up Demand From Chino Hills’ Affluent Resident Base and Lack Of Rental Supply
- Unmatched Suburban Southern California Location with Immediate Access to Employment, Education, Retail and More
- Robust Local Multi-Housing Fundamentals Further Fueled By Limited Short Term Supply and Runaway Home Affordability
- Burgeoning Inland Empire Economy Continues to Outperform with Further Growth Prospects and Demand Drivers
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Reserve at Chino Hills Sales (0 Properties)
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Last updated
23 Apr 2025
