-Located within a Half-Mile of SoFi Stadium & The Forum -Less Than 1-Mile from the Proposed $1.2 Billion Clippers Arena -Centrally Located Near LAX Airport, Crenshaw/LAX Metro Station and Hollywood Park Development -Outstanding Unit Mix -All Tenants are Current on Rent -Approximately 42% in Projected Rental Upside -6.46% Pro-Forma Cap Rate & 10.79 Pro-Forma GRM -Close Proximity to Retail Shops, Dining & Entertainment of Manchester Boulevard & La Brea Avenue -Approximately 2.5-Miles from SpaceX Headquarters & Tesla Design Center -Newer Windows, Sound Insulation Retrofit for AC/Heater Units, Newly Painted Building, 7 Parking Spaces & On-Site Laundry Facility -SoFi Stadium Scheduled to Host Superbowl LVI in 2022 and Opening & Closing Ceremonies for 2028 Olympics -Clippers Arena Projected to Open for 2024-2025 NBA Season
Listing courtesy of Jonathan Nikfarjam from Shield CRE, Inc.
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