Skip to main content

Scroll Down

View Full Details


Alivia Apartments

Whittier, CA

128 Units

Built in 2022


Investment Highlights

  • Severely Underserved Market: Alivia is one of the only new construction apartment buildings in the Gateway Cities region of Los Angeles County
  • Fast Lease-Up with Limited Concessions: Alivia began leasing in December 2021 and have averaged roughly 15 leases/month, on pace to lease-up in just 8 months.
  • Compelling Multifamily Market Trends: CoStar projects average rents in Whittier will grow by 5.95% and average occupancies will hit 99% over the next 12 months.
  • Excellent Accessibility to Employment: There are over 250,000 jobs located in the local economy across a diverse range of industries including healthcare, logistics and transportation, education, and engineering. Over 800,000 jobs are located within a 10-mile radius of the property.
  • Superb Construction Quality and Amenity Package: Unit interiors come in two different design packages complete with all the modern features discerning tenants expect including a full appliance package, kitchen islands, front load washers and driers, high ceilings, and open floorplans. Alivia also features an impressive amenity package including a resort-style pool, fitness center, clubhouse/social lounge, bbq grills, dog park, and Hub by Amazon.
  • Favorable Land Lease Terms: Alivia is bound by a ground lease agreement with the local school district that presents more favorable terms and advantages over the "typical" ground lease encountered in areas like Marina Del Rey and Ventura Harbor.

Exclusively listed by

Related Research

Back to top

More Listings from Gregory S. Harris