This two-property Los Angeles portfolio offers investors and developers the opportunity to acquire adjacent assets that may provide future assemblage and redevelopment potential. Located in a highly active urban corridor, the portfolio includes 1162 N. St. Andrews Place and 5540 Lexington Avenue, creating a larger combined footprint within an established residential neighborhood. The properties offer existing income potential while providing flexibility for future repositioning or redevelopment strategies, subject to buyer verification and applicable approvals. Convenient access to transportation, employment centers, dining, and neighborhood amenities further enhances the portfolio's appeal for investors seeking scale in a supply-constrained Los Angeles market. Ownership has indicated that the property's R4 zoning may support redevelopment of the site with the potential for a higher-density residential project. According to ownership, future development could include construction of a building up to nine stories in height and may benefit from reduced or eliminated parking requirements, subject to applicable programs and municipal approvals. Buyers should independently verify zoning regulations, development standards, density allowances, height limits, parking requirements, and permitted uses with the City of Los Angeles.