Remaining Time For Funding (Ends on 02/01/2019)
Beach City Capital (the “Sponsor”) is pleased to present an opportunity to invest for the repositioning of a multifamily property at 411 W Franklin Ave., El Segundo, CA (the “Property”). This 5,504 square foot multi-family building sits on a 6,435 square foot lot and includes 8 units, comprising of (6) 1-bedroom units / 1 bath, (1) 2 bedroom / 1 bath unit and (1) 2 bedroom / 2 bath unit.
The project will benefit from El Segundo’s booming tech industry, high income workforce, gorgeous beaches, vibrant retail, proximity to growing industries and top-tier school system. Beach City Capital will manage the renovation and the initial lease-up of the apartments post-renovation.
The Sponsor is seeking an equity partner to capitalize the acquisition and renovation over a 5-10 year hold.
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