Executive Summary

• True Value-Add Opportunity
• Potential Rental Upside of Over Thirty-Five Percent
• Centrally Located in Los Angeles’ East Hollywood Neighborhood, An Emerging Market Experiencing Rapid Gentrification
• Walking Distance to Metro’s Vermont/Santa Monica Station
• Eighteen On-Site Parking Spaces – One Uncovered, Three Tandem and Eleven Covered
• Separately Metered Gas and Electric
• Mostly All One Bedroom Units
• Diverse Community Boasting Distinct Cultural Diversity and Old Word Charm