Extremely Rare Offering For West Los Angeles: Opportunities of this size and price point in 90025 are exceptionally scarce. According to MLS and CoStar, only six (6) multifamily properties with 4–6 units priced under $1.4 million have sold in the past decade. This rarity underscores the uniqueness of the offering and its appeal to investors seeking a hard-to-find West Los Angeles asset. Recent Capital Improvements for Peace of Mind: Significant building upgrades have been completed to enhance reliability and lower long-term maintenance costs. Portions of the roof were repaired and replaced in both 2010 and 2023, select plumbing lines were also updated over the years (mix of cop-per and galvanized), and the electrical system is currently undergoing a full replacement—delivering brand-new infrastructure to the next owner. Each unit also features its own dedicated water heater, improving efficiency and eliminating shared utility concerns. Garage with Bonus Income or ADU Potential: A rear garage (which is currently vacant and locked) provides untapped revenue potential. Whether used for storage rentals, tenant parking, or possibly converting to an ADU (buyer to verify feasibility), this space offers an additional avenue for cash flow and value creation. Stabilized Asset with Built-In Upside: This 5-unit property delivers immediate income with a strong going-in cap rate of 5.71%, despite current rents being below market. The unit mix— featuring four 1-bedroom/1-bath units and one 2-bedroom/1-bath unit —naturally experiences more frequent turn-over, giving owners regular opportunities to adjust rents to market levels without relying solely on lease expirations. Combined with historically low vacancy rates and strong tenant demand in this high-barrier-to-entry neighborhood, the property offers both reliable cash flow today and significant long-term value growth potential. Desirable, High-Growth Location — Sawtelle / West LA: Located in one of Los Angeles’ most sought-after neighborhoods, residents enjoy quick access to Santa Monica Blvd retail, acclaimed restaurants, Stoner Park, quality schools, and major job centers. Strong walkability (72 Walk Score) and good transit access (63 Transit Score) make it highly appealing to professionals and students alike. Affluent & Educated Tenant Base: West LA’s high-income, highly educated population supports long-term rent growth and stability. Median household income is ~$96,300, with over half of residents holding a bachelor’s degree or higher—indicators of strong rental fundamentals. Constrained Future Supply & Strong Market Tailwinds: Los Angeles continues to face a persistent housing shortage, amplified by post-disaster demand surges and steady job growth—factors that keep average citywide rents well above national norms. West LA in particular has a track record of outperforming in both appreciation and occupancy. At the same time, Measure ULA, coupled with rising construction and financing costs, has sharply reduced multifamily housing starts, limiting the pipeline of new rental inventory, particularly on the Westside. This combination of strong demand and con-strained future supply creates an environment primed for sustained rent growth and long-term asset value appreciation. Significant Affordability Gap Favors Long-Term Rental Demand: In West Los Angeles, the cost of owning a nearby 1-bedroom condo often exceeds renting by thousands of dollars per month when factoring in mortgage, property taxes, HOA dues, and insurance. With one bedroom condo prices frequently in the $500K–$700K+ range, many households are priced out of homeownership, ensuring strong and sustained renter demand for well-located multifamily properties like this one.