Investment Highlights
- Accessibility to Employment: Huntington Health is adding a 100,000 SF healthcare facility and USC Keck Medicine is adding a 202,000 SF medical research facility within 15 minutes of Emerald Hills
- A Supply Constrained Submarket: Only 306 units have been delivered in Monterey Park in the last 25 years which represents a just a 0.29% annual supply growth rate.
- Value-Add Opportunity: The Property offers investors assumable agency financing at an attractive 3.20% interest only fixed rate with 4 years remaining to maturity.
- Strong Submarket Fundamentals: The median single family home value in Monterey Park is approaching $1M, having increased by 62% in the last 10 years.
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