21921 Lanark St, Los Angeles, CA 91304

• 36-unit apartment building. 20 two-bedrooms, 7 three-bedrooms, and 1 studio units

• Portfolio acquisition opportunity: Purchase this property individually or together with six 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

• Located in an Opportunity Zone (OZ)

• Approximately 33% upside potential

• New roof installed in Year 2023 on both buildings

• Walking distance to Sherman Way/Canoga Orange Line Metro Station

• Lanark Recreation Center directly across the street

• Video camera security system at building entrance and the parking entrance

• On-site management

• New water heaters - 2 washers and 2 dryers

• Foundation of the apartment complex is raised

• 35 total parking spaces – 23 tuck-under spaces and 12 covered spaces

• Swimming pool with secure entrance

• Security gates for apartment units

• Apartment units are both gas and electrical powered

• Horizontal pipes were replaced with copper pipes

• Wall unit HVAC in each apartment unit

• Property was featured in the movie Tortilla Soup with Raquel Welch