5522 Lexington Avenue

Strong Value-Add Opportunity: Approximately 57% rental upside from current rents to market levels.
Attractive Unit Mix: 10 units consisting of studios, one-bedroom, and a two-bedroom unit catering to a broad tenant base.
Prime Hollywood Location: Positioned near major employment, entertainment, and lifestyle amenities driving consistent rental demand.
Proven Rental Growth: Market rents significantly exceed current in-place rents across all unit types.
Compelling Financial Upside: NOI projected to increase from ±$75K to ±$156K at stabilization.
Favorable Basis: Offered between $150K–$170K per unit, below replacement cost in a high-barrier-to-entry market.
Stable In-Place Income: Existing tenancy provides immediate cash flow with the ability to implement gradual rent increases.

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