Multi-housing / PRS

Pearl La Floresta

Brea, California United States
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key Facts

Year Built 2018
Building Area
Number of units 204

Property Description

JLL, as exclusive advisor, is pleased to present Pearl La Floresta (the

“Property”), a high-performing, 204-unit, core investment opportunity

located in the affluent La Floresta neighborhood of Brea, California.

Completed in 2018 as a four and five-story wrap, Pearl La Floresta is

recognized as one of the premier Class A multi-housing communities

in Orange County. Pearl La Floresta features ±185,305 square feet of

residential space across a variety of one, two, and three-bedroom

floorplans in addition to select two-story live/work townhomes. Spacious

unit interiors boast home-quality finishes while the resort-style pool and

spa, state-of-the-art fitness center, sky lounge, and covered and assigned

parking highlight a luxurious community amenity package.

Investment Highlights

  • Strong property performance with ±94.6% current occupancy & ±98.0% July-Jan average rental collection rate
  • High-quality construction with stylish unit amenities and desirable community amenities
  • Immediately adjacent to Whole Foods anchored shopping center
  • Desirable Brea location with strong demographics and top tier local education
  • Located in a high-performing rental submarket with limited competition


Last Updated Date: 24 Mar 2021
Sean Deasy
Sean Deasy
Senior Managing Director, Orange County Office Co-Head, Multi-housing Group Leader
Broker Licenses
CA-00914616
Ryan Fitzpatrick
Ryan Fitzpatrick
Managing Director, Capital Markets
Broker Licenses
CA-01314070 AZ-BR638745000

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Last Updated Date: 24 Mar 2021

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