Investment Highlights
- Home Ownership Is Unattainable for Most: ???????Single family home values in Brentwood have more than doubled over the last decade to $3,670,000. The sharp increase has made ownership difficult, if not impossible for first time buyers who would need to earn roughly $914,254 annually to afford a median priced home in the area.
- Brentwood is Ultra Affluent: The average household earns $213,731 annually, 64% of households earn more than $100,000 annually, 78% of the population are college educated, and 48% of the population are renters. According to ESRI, More than 90% of the renter pool in Brentwood fall into one of the three highest earning market segments that ESRI tracks.
- A Premier, and Rare, Multifamily Offering: Luxe Villas is a 60-unit multifamily asset that was built in 2006 and extensively renovated, with $4.1M spent on upgrades, in 2022 located in Brentwood
- A Diverse Unit Mix: Offers a mix of units featuring 1 one-bed, 53 two-bed conventional floorplans that avg 981 SF, and 6 three-bed units that were converted to 18 co-living suites from 215-917 SF.
- Only Steps from Brentwood Urban Village: Located in the premier pocket of Brentwood east of Bundy Drive, adjacent to the ultra-popular Brentwood Urban Village
- Robust Employment: The Property is surrounded by Silicon Beach, one of the most dynamic employment centers in Southern California providing future residents with numerous top tier employment opportunities amongst a diverse array of industries (technology, healthcare, professional services, and entertainment) and employers (Google, Amazon, UCLA, Hulu, Lionsgate, and many more). Within a 10-mile radius, there are 150 million square feet of office and 1.1 million jobs.
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