Almansor 11

Almansor 11 is a co-living project comprised of two buildings located one street from Main Street Alhambra. This model of housing and location provides residents with an affordable living option inclusive of communal kitchen spaces, outdoor spaces, private bedroom with ensuite bathrooms, and access to entertainment, groceries, restaurants, and bars. The property was repositioned from a single family dwelling to a 2-unit property by adding a 1,200 square feet ADU - increasing the total property square feet to 3,464.

11/10

2

Number of Units

Number of Bed/Baths

3,497

Square Footage

Status

Pre-Development Gross Rent

Post-Development Gross Rent

Total Project Soft and Hard Cost

Project ARV

$1.8M

$450,000

$180,000

Stabilized

$48,000


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