Hi Point (1556 Hi Point)

Los Angeles, CA

VIEW MULTIFAMILY FUND IV

45

Acquisition Price

$8,630,000

Sold Price

$32,100,000

Hold Period

38 months

Project Level IRR

15.79

Project Level EM

1.59

Property Photos

Investment Highlights

45-unit development site is located in the tranquil yet vibrant neighborhood of Mid-Wilshire and is adjacent to some of the best neighborhoods in Los Angeles. The spacious two- and three-bedroom luxury apartments will have an average size of 1,188 SF. The site is located just a mile south of the much-anticipated Wilshire/Fairfax Metro station, scheduled to open in 2023.

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An accredited investor must meet one of the following: 1) An annual income of at least $200,000, or $300,000 when combined with spouse’s income; 2) Holds a valid Series 7, 65, or 82 license; 3) Has a net worth of >$1 million, excluding value of a primary residence.

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