ASSET 5-unit apartment located in Gardena. No local rent control – defaults to AB 1482. The property is comprised of (one) 3-bedroom/2-bathroom unit, (one) 2-bedroom/1-bathroom unit and (three) 1-bedroom/1-bathroom units. Situated on a 6,720-SF corner lot, the property features private patios and 5 garage parking spaces. LOCATION 2904 W. 141st Place is located just north of Rosecrans Avenue, approximately 3 miles from SoFi Stadium and Intuit Dome (NBA Clippers Arena). With direct access to the 110 Freeway, the investment possesses immediate transit to the many surrounding employment hubs of the South Bay and Downtown Los Angeles. FINANCIALS This 4,133-SF apartment presents stable in-place rents as well as legitimate rental upside. The asset contains a current cap rate of 5.16% and current GRM of 11.70 and a pro-forma cap rate of 6.74% and pro-forma GRM of 9.83. Disclosure: Gardena is not subject to local rent control; however, Gardena has Rent Mediation.