• Portfolio acquisition opportunity: Purchase these three adjacent properties or together with four additional properties totaling 161 units, all located within a one-mile radius
• Short drive from the $10B RAMS Village development
• Attractive existing assumable loan (contact agent for more information)
• Transit Oriented Communities (TOC) Tier 3
• Approximately 47% upside potential
• Located in an Opportunity Zone (OZ)
• Electrical main panels and subpanels throughout all units have been upgraded w/ approximately $235K – potential reimbursement revenue
• Artificial/synthetic grass on periphery of the buildings
• 6 washers and 6 dryers total (2 washers and 2 dryers per building), all leased
• Plumbing is partial copper
• Portions of the roof were replaced in 2023
• Gated and Secure Parking Lot
• Newer water heaters
• Located at the corner of Variel Avenue and Roscoe Boulevard, one of the main thoroughfares with high traffic
• Walking distance to Sherman Way/Canoga Orange Line Metro Station
• Video camera security system in all building entrances and the parking entrance