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Multifamily

The Plaza

Foster City, CA

307 Units

Built in 2013

Core Plus

Investment Highlights

  • The Plaza represents an exceptionally rare opportunity to acquire a 2013-vintage, 307-unit, luxury multifamily asset in one of the most coveted and supply-constrained regions of the Bay Area.
  • Foster City boasts an impressive average household income of over $212,000 and a median home price of approximately $2.2 million, resulting in a rent-versus-own affordability gap of $6,972 (211.3%).
  • The asset's tremendous physical attributes, strong performance, and modern design make it ideally suited for cosmetic upgrades in common areas and unit interiors.

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