ASSET Fourplex apartment located just a half-mile from USC and 2 blocks from BMO Stadium and L.A. Memorial Coliseum. The asset consists of (4) 1-bedroom/1-bathroom units. One of the units is vacant and has been renovated which presents a desirable owner-user opportunity. The tenants pay all trash, electricity and gas expenses. The landlord is only responsible for the water expense. The property contains four garages and is situated on a large 6,751-SF, which provides potential to add ADUs at the rear of the property. LOCATION 605 W. 41st Street is located adjacent to USC and the Coliseum. It just a few blocks from Exposition Park, USC Village, Lucas Museum of Narrative Arts, BMO Stadium, Natural History Museum and California Science Center. Furthermore, the property is located within close proximity to Downtown Los Angeles and to the Expo Line/USC Station which provides tenants with convenient access to public transit. FINANCIALS This 3,828-SF asset contains stable-in place rents as well as legitimate rental upside. The property has a current cap rate of 5.53% and a current GRM of 12.41. The asset also presents rental upside with a pro-forma cap rate of 7.05% and pro-form GRM of 10.39. Furthermore, the property qualifies for attractive residential financing. Please contact Allen Gholian at (310) 666-3384 or allen@shieldcre.com if you have any questions.