80 Units | Newer Construction: 422 S Lake Apartments is offered at a competitive basis relative to replacement cost. Multiple Execution Strategies: A new owner can continue operating 422 S Lake as a market rate apartment with upside potential, or can convert the property to affordable housing. High-Barrier Urban Infill Location: Situated in Westlake, a dense, transit-oriented submarket with proximity to the Downtown Los Angeles and Koreatown job base. Koreatown has a dense concentration of healthcare, education, hospitality, and professional service employment opportunities, while Downtown Los Angeles is one of the largest job centers in all of Southern California, employing professionals in healthcare, legal, finance, government, education, and creative sectors.