LaTerra Select La Mirada
|Use:||Planned for 28 units|
LaTerra Select La Mirada is an entitled and permit ready 28-unit apartment development site located in the City of La Mirada on the border between Los Angeles County and Orange County. The site was purchased by LaTerra in March 2019 and site work has commenced. Biola University is located one mile from the site with 4,500 students and 1,380 faculty and staff. There are 500,000 living within a 5-mile radius of the site. La Mirada has very little construction activity and high barriers to entry. Average household income in La Mirada is $89,315.
The project contains 51 parking spaces, an indoor co-working space/business center, lounge area, and mail room.
Additionally, the project is planned to contain a fully equipped gym for the expected resident usage. The resident clubhouse fronts and opens onto a large outside activity zone deck, which overlooks the adjacent creek and residential neighborhood, giving the resident the feeling of seclusion and separation. The activity centers are created to cater to the specific targeted resident profile for the project and is located on the 3,116 square foot outside deck. The deck will feature gaming activities like ping pong and corn hole, and will as have lounging/sunbathing areas, fire-pits and seating areas for outdoor co-working spaces, as well as outdoor dining and BBQ areas.
CNN Money Magazine rated La Mirada one of the top ranked cities in America to live. And in keeping with this rating, LaTerra’s highly amenitized boutique sized building will be designed for not only the nearby, well to do, Biola University staff and student population, but also for some of those 41,000 job holders who work within a 3-5 miles of the property.