ABOUT THIS PROPERTY

Building Completed in 2022; No RSO (rent stabilization ordinance) with
an immediate +- 23.64% rental upside potential (7 of the 8 units are MTM).

• Excellent unit-mix of 2 (two) 3Bedroom + 2Bathroom units, six (6) 2bedroom +2Bathroom | 1.5 Bathroom| 1Bathroom units. All units equipped with private laundry. 7-units are currently MTM and 8th unit lease expires 3/31/2026.
• Building Completed in 2022; No RSO (rent stabilization ordinance) with
  an immediate +- 23.64% rental upside potential (7 of the 8 units are MTM).
• 14 parking spaces — potential for 7 ADUs or expansion (buyer to verify).
• Seven units separately metered for electricity, gas, and internet. 7 units privately metered for water (landlord reads meters and bills tenants).
• Prime Glassell Park location: Near Glendale, Atwater Village, Los Feliz, Mt. Washington, Silver Lake
• Two(2) common storage rooms; 6 units ready to increase. Most units have balconies and some feature private offices
• Many nearby amenities: Dodger Stadium, Whole Foods, Costco, Glendale Galleria, Americana at Brand, Hospitals, Schools, and everything L.A. has to offer.