13712 Sunkist Dr
La Puente, CA 91746
Sunny Gardens · Multifamily Property For Sale · 96 Units

Marcus and Millichap is pleased to present the exclusively listed Sunny Gardens, a 96-unit affordable housing community, just minutes from DTLA. Built in 1992 and consisting of all 600 SF 1 bedroom/ 1 bathroom units, the building was designed and built to cater around the ease of turnover. Most of the current residents are 62+ independent seniors looking to eliminate the day-to-day upkeep of ownership and looking for a place to call their last home. The building amenities include a welcoming lobby, appealing courtyards, office space, communal halls, parking and a large recreation room. Additionally, the three-story property has brand new water heaters, two elevators, multiple laundry facilities, ample communal storage and gated entry for both, parking and walk-up. Sitting East of the 605 and south of the 10 freeway, this property is a short drive from Downtown Los Angeles. Sunny Gardens has become a welcoming home for many Seniors throughout the West Coast. The Los Angeles Basins current Senior housing shortage will allow an investor to not only take advantage of the few vacant units, but to easily capitalize on the many additional income opportunities present. Sunny Gardens is walking distance to ample shopping, high-end restaurants and a state-of-the-art medical facility within walking distance as well as public transportation for Sunny Gardens residents. Additionally, the community proudly swanks an unprecedented seventeen schools, two libraries, and the famous In-N-Out University. With immediate rental upside and the approaching expiration of the regulatory agreement and with the newly completed Temple Ave and Glendora Avenue Beautification project, an investor will realize a solid return in a strong up-and-coming market with tangible gentrification already present.