The Monterey
Corona, CA
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.