Mar Vista has evolved into one of Los Angeles’ most desirable Westside neighborhoods. The Project is in a prime location bordered by Culver City, Venice Beach, Marina Del Rey and Santa Monica with numerous high-end offices and retail opportunities within a 2-mile radius.
Beach City Capital (the “Sponsor”) is pleased to present this opportunity to invest in the ground-up development of a 27-unit apartment project located in West LA at 12757 Mitchell Ave (the “Project”). The Project’s site was acquired in Sept 2018 via partnership with the landowner and the Project is approaching the final stages of Plan Check with the Los Angeles Department of Building & Safety. The Project is on schedule to commence construction in April 2021.
West Los Angeles, CA
27 Unit Multifamily Development, 22,420 land square footage
$4.6M of LP Equity
1,379 Sq Ft
Located 2 miles from the Pacific Ocean and Venice Beach Pier
TOTAL PROJECT COST
The area continues to experience rapid growth with a large influx of high-income
millennials and a growing work force of tech, media, aerospace and finance sector companies given the
neighborhood’s convenient access to Los Angeles’ premier employment centers and amenities.
Our offerings under Rule 506(c) are for accredited investors only.
Neither Paradyme Funding, Inc. nor any of its other affiliates are registered investment advisors and do not provide investment advice. Paradyme Funding, Inc. and all of its affiliates do not guarantee any investment performance, outcome, or return of capital for any investment opportunity posted on the site. Investing in commercial real estate entails risk. You should not invest unless you can sustain the risk of loss of capital, including the risk of total loss of capital. This communication is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any investor. All investors should consider such factors in consultation with a professional advisor of their choosing when deciding if an investment is appropriate.