The Subject property is a part of a six-property portfolio, which is a true value-add investment opportunity located throughout Los Angeles totaling 42 units; the properties are located among the Koreatown, South Park, and South Los Angeles neighborhoods. The subject properties present an impressive unit mix throughout consisting of 19 singles, 21 one-bedrooms and 2two-bedrooms; the majority of the units are currently at below market rents offering an investor a true value-add opportunity and the chance to increase cash flow dramatically through renovations. The portfolio is being offered at a low price per unit of $141,905 blended; significant loss-to-lease of over 42%. With current rents below market and the majority of the subject properties being just 4-6 units, unit turnover and the achievement of market rents over time will dramatically increase the income and value of each property on an individual basis.* Subject property can be purchased individually or collectively
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