- Outstanding Non-Rent Controlled Value-Add Opportunity with Pro-Forma GRM of 11.67 and Pro-Forma Cap Rate of 6.10% -1986 Vintage Property Offered at Under $200,000 Per Unit -Rental Upside of 56% -Rents Have Not Been Raised Since 2008 -Strong Neighboring Employment: SpaceX, Tesla, and Aerospace Defense Companies -4 Miles from Hollywood Park Development Project and New Proposed NFL Ram's Stadium -Located West of Prairie Avenue and Just One Block East of Hawthorne Boulevard -On-Site Laundry Facility, Intercom Access, Garage Parking, Balconies, & Individually Metered for Gas & Electricity