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WM
PM

S Lake St

Los Angeles, CA 90057

Updated:
Due Diligence Pending
Equity StructurePreferred Equity
Equity Seeking$ 2,000,000

Joint Venture Parntershp for 32 Unit Apartment in Los Angeles

Total Raise$ 2,000,000
Equity Seeking$ 2,000,000
Debt Financing$ 5,700,000
Preferred ReturnAbove 10%
Profit Split (Investor/Sponsor)Negotiable
Project TypeReal Estate
Hold Period2–3 Years
# of Units2
Building Size (Sq Ft)1,452
# of Stories1
Parking Spaces4
Lot Size Ac / Sq Ft0.13 / 5,860
ZoningR4-1
Entitlement StatusFully Entitled
Permit StatusRTI (Ready to Issue)
Projected # Units33
Projected Building Size (Sq Ft)14,958
Projected # of Stories6
Projected NOI$ 2,500,000
Estimated Resale Price$ 12,000,000

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