First Time on the Market in Decades This is a rare opportunity to acquire a legacy asset that has been held and cared for by long-term ownership. Properties of this caliber and scale seldom come to market in such a high-demand location, making this offering particularly compelling for buyers seeking both stability and upside. 42%+ Rental Upside – Immediate Value-Add Potential Roxbury Apartments presents a significant value-add opportunity with approximately 42% upside in rents. Many existing tenants are due for rental increases under AB 1482, allowing a buyer to unlock meaningful income growth from day one. This built-in opportunity for increased cash flow enhances both short-term and long-term investment potential. Well-Maintained 1987 Construction – Not Subject to LA RSO Built in 1987, this asset is exempt from LA’s strict Rent Stabilization Ordinance (RSO), offering investors greater operational flexibility and the ability to adjust rents under statewide AB 1482 guidelines. The property has been meticulously maintained with very little deferred maintenance, making it easy to operate from day one. Ample Parking – 104 Total Spaces (Including Guest) Roxbury Apartments features an exceptional parking ratio with 97 secured parking spaces for residents and an additional 7 guest spaces, totaling approximately 105 spots. In a neighborhood where parking is often scarce, this amenity significantly enhances tenant satisfaction and reduces turnover. Prime Westside Location Near Major Employers in the Vibrant Palms Neighborhood Located in the vibrant Palms neighborhood, this property offers a unique blend of residential charm and urban convenience. Just minutes from Downtown Culver City, Century City, and Sony Studios, the property benefits from strong demand driven by nearby tech and media giants like Google, Amazon, Apple, and Tesla. This prime location attracts high-income renters and ensures long-term rental stability and growth. Strong Occupancy – 98% Stabilized Asset Currently 98% occupied and professionally managed, Roxbury Apartments is a stabilized asset offering immediate cash flow with minimal disruption. The low vacancy and strong in-place operations ensure a seamless transition for any investor seeking predictable income and upside potential. Attractive Unit Mix for Long-Term Tenancy The property offers a diverse and highly desirable unit mix of 24 one-bedroom units, 27 two-bedroom units, and 9 loft-style one-bedroom units. This variety appeals to a wide renter base—from young professionals to small families—ensuring long-term occupancy and rental resilience. Access to Metro and Freeways – Unmatched Connectivity With close proximity to the Metro rail system and the 405 Freeway, tenants benefit from excellent regional connectivity to Santa Monica, Downtown Los Angeles, and beyond. This accessibility supports strong tenant demand and premium rent growth over time.