146-150 Douglas St presents an opportunity to acquire a 24-unit multifamily asset in one of Los Angeles’ most established urban neighborhoods. The property offers city views and benefits from proximity to a variety of recreational amenities, including Vista Hermosa Natural Park, community pool facilities, and tennis courts located within approximately a quarter mile. Its location provides convenient access to Downtown Los Angeles and Silver Lake, placing residents near major employment, entertainment, and lifestyle destinations. The asset is offered at $156,250 per unit and $350 per square foot, providing investors with an acquisition basis below estimated replacement cost. Current operations generate stable in-place income supported by a reported 6.04% capitalization rate and 9.71 GRM. Ownership also benefits from approximately 27% projected rental upside, creating the potential to increase future revenue while maintaining existing cash flow.