The Monterey

Corona, CA

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Address:

2225 Collett Avenue

Market:

Inland Empire

Units:

442

Asset Class:

Multi-Family

Date Acquired:

September 2021

Status:

Operating


Property Description

The Monterey is a 442-unit luxury multifamily property located in the Inland Empire community of Corona, CA. Ocean West acquired the newly constructed property in September 2021 and oversaw the asset as it completed its initial lease-up to successfully reach stabilization. The Monterey offers one-, two- and three-bedroom floorplans, and boasts an unrivaled modern amenity package, including two resort style swimming pools, expansive clubhouses with roof decks, fully equipped fitness, yoga and spin studios, co-working space with conference rooms and soundproof privacy pods, outdoor movie theater, and a community garden and citrus orchard. The community’s central location provides convenient accessibility to employment centers across Southern California in the Inland Empire, Orange County, and Los Angeles.

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