1110 S Lake St, Los Angeles, CA 90006

AVAILABLE NOW The Lakeview Terrace apartments located in historic Pico-Union, Los Angeles. 27 professionally-managed units with over 25% upside situated on a wide street bounded by turn of the century homes and apartments. Investment-grade multifamily asset, stabilized 6% cap, separately metered for gas and an excellent opportunity to implement RUBS. Attractive assumable financing in-place (see Offering Memorandum Year-3 Forecast and call for details). Gated parking lot for 5, a mix of 9 1-bedroom 1-bath and 18 studio apartments, approximately 9 of 27 renovated with original hardwood flooring, exposed masonry walls, quartz counter tops and period appointments. Beau arts design, gentrifying location, $172k/unit, big upside, what a deal!