Arbor Realty Capital Advisors, Inc. is pleased to present for sale Pinewood Apartments, an 18-unit, two-building multifamily investment opportunity located in Tujunga, California. The offering combines two complementary multifamily assets with distinct regulatory profiles and value-creation opportunities. Pinewood Apartments, built in 1958, consists of ten two-bedroom/one-bathroom units . Pinewood Suites, built in 1991, consists of eight more modern units—six three-bedroom/two-bathroom units and two one-bedroom/one-bathroom units—and provides greater flexibility to capture rental upside on a more accelerated timeline. In-place rents across the portfolio are approximately 20% below current market levels, providing meaningful embedded revenue growth. The property’s dual regulatory structure allows a new owner to pursue two distinct rent-growth strategies within a single acquisition: predictable annual increases and long-term mark-to-market potential within the RSO-regulated Pinewood Apartments, complemented by the ability to more aggressively capture the substantial rental upside at the newer Pinewood Suites. With 16 of the property’s 18 units offering two or more bedrooms, Pinewood Apartments provides an attractive concentration of larger floor plans together with durable in-place income and multiple avenues for continued NOI growth.