An 87-unit multifamily development on a rare, oversized 16,000 SF lot in one of Pasadena’s most sought-after residential corridors. The property was secured off-market at a very compelling, below-market basis, leveraging our local expertise and presence. We’ve already delivered one successful project and entitled others in the immediate area—including The Rinrose—giving us a proven rental track record and deep understanding of the local market dynamics.

Oakdale is a new 191 unit apartment community in Pasadena. The project is currently in the pre-development phase.

Pico Vista is a new, mixed-use multifamily development in the Wilshire Vista neighborhood of Los Angeles. We broke ground on this 50-unit, ground-up project in February 2025, with completion anticipated by year-end 2026. Consisting of a mix of well-appointed studios and one-bedrooms, Pico Vista will bring much needed new housing to a booming and hip neighborhood that’s under a 20 minute drive to downtown LA or the Santa Monica beach.

The RinRose is a fully-stabilized, luxury 100-unit (studios to 2‑bedroom) multifamily property in vibrant East Pasadena. Since opening in 2023, the property has been fully leased, setting new standards in design, amenities, and operational excellence. Located at 3768 E Colorado Blvd, the project blends upscale living, best-in-class service, and modern, wellness-first features.

Edenhaus Lexington represents a successful execution of APPA’s strategy to identify off-market opportunities in irreplaceable urban infill locations, structured with compelling tax-advantaged benefits for our investors. This branded co-living and multifamily development in the heart of Los Angeles is a prime example of our forward-thinking investment approach that combines flexible design, lifestyle-focused amenities, and long-term value creation. Acquired in an off-market transaction and developed under the Opportunity Zone (OZ) program, Edenhaus Lexington allowed our investors to defer and reduce their capital gains taxes while gaining equity exposure in one of LA’s most dynamic neighborhoods.

Kingsley is a stabilized, fully-renovated 18-unit multifamily property located in East Hollywood. Acquired with over 75% vacancy, the asset underwent a comprehensive renovation and lease-up program that was completed ahead of schedule and under budget. The property has now been fully leased for nearly a year, generating consistent cash flow with strong in-place rents.

With a desirable mix of 2- and 3-bedroom units, modernized interiors, and ample parking, the asset is positioned as one of the most attractive mid-sized rental communities in its submarket. Situated on a rare double lot, Kingsley also offers significant long-term upside through future development potential—up to 47 units under the TOC density bonus program or 28 by-right—providing multiple paths to value creation over the life of the investment.

1155 N. Madison Avenue is a boutique multifamily investment located in the heart of East Hollywood, one of Los Angeles’ fastest-transforming neighborhoods. Acquired and repositioned by APPA, this 16-unit property represents our continued focus on value-add infill assets in highly walkable, culturally rich urban submarkets. Originally constructed in 1957 and fully renovated in 2020, the asset was acquired off-market and underwent a comprehensive modernization. Our business plan focused on capturing unmet demand for high-quality, amenitized rentals in a neighborhood positioned between Silver Lake, Los Feliz, and Hollywood—a nexus for creative professionals, healthcare workers, and urban lifestyle renters.

A fully gut rehabbed and renovated 18-unit apartment complex in central West Hollywood, originally built in 1968. We invested significant capital to upgrade all the major systems as well as fully renovate the interiors with Italian cabinets, stainless steel appliances, in-unit washers and dryers, and quartz countertops.