Trammell Crow Residential Opens Latest Multifamily Property in Greater Los Angeles Area

By: Trammell Crow Residential via Business Wire

July 10, 2024 at 08:30 AM EDT

Alexan Marmont offers luxury, amenity-rich apartments in desirable location for Southern California residents.

Trammell Crow Residential (TCR), the multifamily development platform of Crow Holdings, announced that its latest Alexan community, a 436-unit, luxury multifamily residence in Monrovia, California, is now open and available for lease. TCR served as both the developer and general contractor for Alexan Marmont, with the first phase completed in June 2024.

The 436-unit Alexan Marmont offers a wide range of studio, one-, two-, and three-bedroom floor plans, ranging from 491 square feet to 1,545 square feet. Units feature nine-foot ceilings, gourmet kitchens with stainless steel appliances and quartz countertops, full-size washers and dryers, and keyless electronic entry. In addition, the property provides an expansive community amenity package, including two rooftop lounges, two upscale pools and spas, a sports bar-inspired lounge, a modern fitness studio, a spacious yoga room with on-demand classes, a co-work space, two private conference rooms, multiple courtyards, a secure parking garage, and an onsite dog park and grooming station, as well as a space called “The Lodge,” which features a gourmet kitchen, bar seating, an eight-person dining table, and more.

Situated at 1625 S. Magnolia Ave., the community’s location grants residents proximity to the Metro Gold Line, adjacency to the 210 freeway, and scenic views of the San Gabriel Wilderness and Angeles National Forest. The property is also just 20 miles from downtown Los Angeles.

“We are thrilled to have officially opened Alexan Marmont to the greater Los Angeles market. This project serves as another testament to TCR’s ongoing effort to deliver luxury multifamily options in high-growth areas throughout the U.S.,” said Garth Erdossy, Senior Managing Director for the California Division of Trammell Crow Residential. “Our team is extremely appreciative of all of our partners, who were invaluable in getting us to the finish line, and we look forward to seeing the success of the community in the years to come.”

About Trammell Crow Residential

Trammell Crow Residential (TCR) is a leading multifamily real estate developer with a local presence in 16 key U.S. markets. Over 45 years, TCR has built more than 285,000 premier multifamily residences, delivering amenity-rich communities in economically thriving locations nationwide. TCR is part of the development platform of Crow Holdings, a privately owned real estate investment and development firm with 75 years of history, $33 billion of assets under management, and an established platform with a vision for continued success. For more information, please visit www.crowholdings.com.