Over 20% Rental Upside: Legacy units leasing approximately $350-$1,100 below market, with a proven renovation template already delivering results in 63% of units. Renovated Mid-Century Asset: 12 of 19 units fully renovated with high-end finishes. High Walk Score of 94: “Walker’s Paradise” designation with immediate access to shopping, transit, and Koreatown nightlife. Core Koreatown asset with immediate access to Metro Purple/Red Line, the 10 and 101 freeways, and Koreatown's premier dining corridor. This quiet residential pocket is blocks from 6th St and Koreatown’s commercial core. Renovated units feature quartz countertops, stainless appliances, split-system A/C, and custom tile. Separately metered gas and electric. Gated parking. Strong Submarket Fundamentals: Koreatown absorbed 910 units over the past 12 months. 1 & 2 Star vacancy holds at 5.0% with 88% renter households. Rents run 18% below the metro average, signaling further growth runway. Provides plenty of rare off-street parking advantage in a dense, transit-friendly urban core. LAR4 Zoning: Adds long-term development or repositioning optionality in a rapidly evolving corridor.