PRICE REDUCED by $750,000 *Built in 2021: 27 luxury units with in unit washer and dryer *Priced far below replacement cost at $455 PSF and $388K per unit *5.2% cap rate and 6.1% cap rate at proven market rents *One block away from the Metro Expo "E" Line Farmdale Station, providing tremendous access to DTLA, Culver City, and Santa Monica *Incredible micro location with six brand new buildings on the block *Strong demographics with average household income over $100K and average housing value over $1.4M (three mile radius) *Rents shown are averages based on in place rent as of Mar. 1; see Agent Remarks for property website.