Available for acquisition is a 210 unit fully entitled, shovel-ready multi-family development in Koreatown, Los Angeles. Site preparation—including excavation and dewatering—has already been completed. Strategically located in one of Los Angeles’s vibrant, densely populated, and desirable submarkets, the project qualifies for Opportunity Zone tax advantages. Upon completion, the seven-story urban infill development, “MILES at Vermont,” will deliver thoughtfully designed, aspirational yet attainable housing to the community. When complete, MILES Vermont will span seven stories (two stories of Type 1A Construction and five stories Type IIIA Construction). The building’s use program is primarily residential, with 58,354 rentable square feet. The building also features 1,500 square feet of retail space, which will serve as an added amenity for both the tenants and the neighborhood. The building will offer 53 parking spaces and 78 bike storage spaces. The common areas are designed to complement the micro-unit offering, giving tenants even more space to live and work.