Pacific Reach Properties has announced the acquisition of Pico Lanai (www.liveatpicolanai.com), a 174-unit apartment community located two miles from the beach in prime Santa Monica. Consisting of 2.81 acres along Pico Boulevard, the property represents an extremely rare opportunity to acquire a coastal asset of considerable size with major value-add potential.
In addition to this acquisition, other notable properties owned by Pacific Reach in Los Angeles include National City Tower in Downtown Los Angeles, Blu Apartments in Beverly Hills, and Cosmo Lofts in Hollywood.
