EXCELLENT UNIT MIX IN AN EMERGING URBAN CORE SUBMARKET Built in 2001, Plaza Lafayette offers 81% two bedroom units with an average size of 954 square feet. The neighborhood boasts a walk-score of 90, providing residents with quick access to recreation, retail, employment and schools all within a 5 to 10 minute walk. MULTIPLEREPOSITIONING STRATEGIES The Rampart Village/Westlake submarket offers a strong location, significant renter demand, demographic stability, and ongoing development, making it an attractive investment market. New ownership would have the opportunity to implement: • Continued Value-Add Strategy—A total of 31 units have received minor renovations, which include wood-style flooring, enhanced stainless-steel appliances, and new hardware installed throughout. By renovating the remaining 27 units, the new ownership will be strategically positioned to take advantage of the ongoing rent pressure from nearby submarkets and new developments in the area. • Affordable Conversion—the area’s median household income of $70,477 and strong base of working professionals creates ideal conditions for a LIHTC-focused repositioning strategy. This potential model allows new ownership to abate up to 100% of property taxes while meeting the significant unmet demand for middle -income housing in Los Angeles ONGOING HOUSING DEVELOPMENT SIGNALS MARKET MOMENTUM Numerous ongoing housing developments—comprising both mixed-income and market-rate initiatives—demonstrate robust investor confidence and a favorable municipal attitude towards new housing. This positive trend in reinvestment strengthens long -term value appreciation and confirms Rampart Village as a burgeoning hotspot for supply and demand. ATTRACTIVE ENTRY PRICING FOR A CENTRAL LA SUBMARKET New construction pricing and recent redevelopment activity suggest that Rampart Village offers relatively favorable acquisition cost compared to more established Westside and Downtown submarkets —creating an opportunity to capture yield while still gaining exposure to a high-demand, centrally located neighborhood.