Five Spacious Vacant 6-Bed & 6-Bath Units • Built in 2019, the 5-unit multifamily investment opportunity spans 10,288 square feet in prime West Adams District, located in an Opportunity Zone and less than a mile from popular West Adams Boulevard • To be delivered vacant, the property features (5) 6-bedroom, 6.5-bathroom units each spanning 2,000 square feet with the option to be sold fully furnished offering opportunity for leasing as complete townhouses, co-living, and other high-demand housing needs • Not subject to Los Angeles rent control, the property is competitively priced at $5,850,000, with the property at $5,500,000 and furnishings at $350,000, offering a 6.35% cap rate unfurnished and 7.20% furnished • Competitively priced at over $200 per square foot less than neighboring condominiums, providing an opportunity for an investor to achieve an approximate 20.22% yield through a Tenancy in Common (TIC) conversion • Consistent unit mix of 6-bedroom floor plans featuring renovated kitchens and bathrooms, stainless steel appliances, in-unit washer and dryers, air conditioning, and polished concrete and hardwood flooring • Recently constructed, the property offers a spacious shared rooftop deck and has low maintenance costs, with no pool or elevator • Approved plans for a one-bedroom garden apartment ADU with a main entrance door on Cloverdale Strong Multifamily Fundamentals • Submarket asking rents expected to rise 14.45% over the next five years and occupancy averaged 96.12% over the past five years • The average annual mortgage payment in Mid-City ($81,522) is nearly 3.3 times higher than the average annual rent payment ($24,792), leading to strong demand for rental properties within the submarket Located Centrally in West Adams District • Ideally located in West Adams District, the heart of Los Angeles, with easy access to major employers such as Kaiser Permanente, CBS, and Paramount Pictures, while being just minutes from Culver City’s expanding technology and media hub, home to Apple TV+, Amazon Studios, Sony Pictures Entertainment, and HBO • Prime location located less than a mile from West Adams' Blvd trendy dining scene, featuring standout restaurants like Chulita, Alta Adams, Farmhouse Kitchen, Cento Pasta Bar, Mizala, and Tartine West Adams, along with othe nearby staples including Pasta Sisters, and Highly Likely