CBRE, Inc. is proud to exclusively present 1651 Vineyard Avenue in the city of Los Angeles. Located conveniently in a rapidly developing area, this property offers investors a unique opportunity. 1651 Vineyard Avenue is a multifamily property constructed in 1965 on a ± 6,998 square foot lot, with a total building size of ± 4,346 square foot. The property features a well-maintained structure with controlled access and is separately metered for utilities. The property boasts an attractive unit mix of 5 two-bedroom/one-bathroom and 1 one-bedroom/one-bathroom unit. While the current management has maintained the property diligently, many tenants are long-term residents, and current rents are approximately 77% on average below market rates. A new owner can capitalize on this opportunity by adjusting rents to market levels upon vacancies and implementing targeted renovations to further increase revenue potential. Situated in a thriving neighborhood, 1651 Vineyard Avenue is within close proximity to a variety of local amenities, including shopping centers, restaurants, parks, and entertainment venues. Given the property’s strong fundamentals—such as its favorable unit mix, solid construction, and exceptional location—1651 Vineyard Avenue represents a compelling investment opportunity for those seeking growth, stability, and a hedge against inflation in the vibrant Los Angeles market.