Cushman & Wakefield, Inc., as exclusive advisor, is offering for sale The Cypress (the “Property”), a lender-owned, 34-unit apartment community located one mile from UCLA in Westwood (Los Angeles), California. The Cypress, at 1629 Veteran Avenue, is minutes from UCLA's 419-acre campus and is 100% leased with a waitlist of applicants. Over 70% of residents at The Cypress are UCLA students or faculty. The Cypress was comprehensively renovated during 2022-2023, including all building systems, living areas, and common areas. The Property is just one of four purpose-built apartments in the Westwood submarket specifically curated with contemporary micro-living units. The Cypress is located within 3 miles of all major Westside employment centers, including Santa Monica, Century City, Beverly Hills, Culver City, Playa Vista, and Brentwood. Within minutes of the Property are the world’s largest tech, entertainment, and media companies, including Riot Games, Google, Amazon, Apple, Facebook, HBO, and Netflix, driving significant renter demand. UCLA will host the main Olympic athletic training center, Olympic Village, and tennis, judo and wrestling competitions. Over 17,000 Olympic athletes and support personnel are expected to reside in the immediate area during the Olympics.