Executive Summary

• True Value-Add Opportunity to Renovate Units’ Interiors for a Potential Rental Upside of Over Forty Percent (40%)
• Large Corner Lot – Two (2) Parcels- 11,831 Total Square Feet – Zoned LAR3
• Echo Park/Westlake Neighborhood Location with Massive Development and Gentrification in the Immediate Area
• Four Separate Spanish-Style Structures- All One-Bedroom/One-Bath Units – Most Feature Dual Entrances
• Separately Metered for Gas and Electric
• Ten On-Site Parking Spaces- Six Covered, Four Uncovered