Clearinghouse CDFI/Stories/CREC Property/Eight Duplex Portfolio

Eight Duplex Portfolio

Two women standing outside a residential property.
CREC's first investment: 8 South Los Angeles duplexes which serve as rental housing for low- and moderate-income families.
Family of three sitting together on a couch.
CREC's first investment: 8 South Los Angeles duplexes which serve as rental housing for low- and moderate-income families.
Exterior of a single-story residential home with fenced yard.
CREC's first investment: 8 South Los Angeles duplexes which serve as rental housing for low- and moderate-income families.
Young child sitting indoors in a bright residential setting.
CREC's first investment: 8 South Los Angeles duplexes which serve as rental housing for low- and moderate-income families.
Modern kitchen interior with dark wood cabinets and appliances.
CREC's first investment: 8 South Los Angeles duplexes which serve as rental housing for low- and moderate-income families.
Two residential homes in a community development.
CREC's first investment: 8 South Los Angeles duplexes which serve as rental housing for low- and moderate-income families.

Clearinghouse CDFI’s Real Estate Company (CREC) purchases and invests in real estate assets to revitalize & improve underserved communities.

CREC recently acquired eight duplexes located in South Los Angeles. CREC will offer quality property management for homes, which serve as rental housing for low- and moderate-income families. Tenants include Section 8 recipients and a transitional housing entity. This 8 duplex portfolio is CREC’s first investment.

 

Real Estate Services Provided By:
Monica Diaz Logo

Commercial real estate building with a shield and checkmark icon.
Location: Los Angeles, CA
Impact:

- Eight Quality, Recently Constructed Duplexes
- Low-Moderate-Income
- Transitional Housing and Section 8 Tenants

Purpose:

Clearinghouse CDFI’s Real Estate Company (CREC) investment

Year Funded: 2015

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