- Address 2343 Scarff Street Los Angeles, CA 90007
- Year Built 1916, renovated 2004 and 2014
- Number of Units 30 – 17 studio, 13 1-bedroom
- Net Rentable SF 13,058
- Avg SF per Unit 435
- Current Occupancy 100%
Nelson Brothers believes there may be five key advantages that help distinguish the Chateau Sera DST as an unique investment opportunity. The target goal is to capitalize on these components to potentially offer a balance of high occupancy, monthly cash flow, tax efficiency and long-term growth – all while leveraging the historical stability of USC.
First, the properties are located near a major, highly renowned university in the heart of a major US city. A city known for historically strong real estate values. Second, both properties boatswain excellent track record of high occupancy with no vacancies over the last three years under NB management. Third, there is modest value-added potential as NB aims to continue raising rents by completing interior unit renovations.