A Storage Place – Whittier
Value-Add Opportunity
An Owned and Operated Property
- Property Address: 12212 Bailey Street, Whittier, CA 90601
- Square Footage: 43,000 SF of storage on a 1.2-acre site
- Number of Units: 480 storage units
Frontera purchased this asset as a value-add play in May 2021 in an off-market transaction. At acquisition, the property’s in-place rents were 30% below market and was still being operated by the original owner. Since acquiring the asset, Frontera has brought in professional management to oversee day-to-day operations, introducing tenant insurance and addressing site needs.
This asset is positioned within a densely populated Los Angeles submarket with on-going residential and retail development projects within walking distance.