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Multifamily

Axiom Westwood

Los Angeles, CA

153 Units

Built in 1962

Core

Investment Highlights

  • A Rare & Unique Student Housing Opportunity at UCLA - Axiom is a four-building, 153-unit, 384-bed* student housing portfolio adjacent to the #1 public university in the country, UCLA.
  • A Turnkey Offering with Operational Upside - With over $4.41M (~$29,000/Unit) in capital improvements since 2015, Axiom has been transformed into a turnkey asset.
  • An Ideal Location Just West of UCLA Campus - 415 Gayley and 411 Kelton are adjacent to campus, and the entire property is within walking distance of Westwood Village.
  • Strong Student Housing Demand Drivers - UCLA's enrollment has grown by 4.6% over the past 5 years and is projected to grow by 6.9% by 2030, adding ~3,300 new students over the next 5 school years. Despite strong enrollment growth trends, only 166 new beds are expected to be added to the supply in the next three years.

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