RedHill Realty Investors, Shelter Asset Management and Tokyu Land Corp. have sold Solterra at Civic Center, a 192-unit, garden-style, value-add multi-housing community in Norwalk, Calif.
A private company acquired the property for $81 million.
Solterra at Civic Center comprises one- and two-bedroom units averaging 904 square feet. Units feature large walk-in closets, private balconies, bathtubs, and central HVAC and heating. Forty-nine of the homes have been renovated and feature new high-end cabinetry, quartz counters, vinyl plank flooring and stainless-steel appliances. The property’s low-density layout on an over 8-acre site also features an unrivaled community amenity set that includes a tennis court, two luxury swimming pools, cabana room, fitness center, sports courts and playground.
Located at 12700 Bloomfield Ave., Solterra at Civic Center is ideally positioned with easy access to I-5, I-106, I-605 and California 91, offering residents easy access to
