I am pleased to offer for sale a 25 unit (24 + 1NC)apartment community located at 228 South Kenmore Avenue. Located just north of 3rd Street and east of Normandie Avenue, the property is located on one of the more desirable Koreatown blocks within a vibrant and rapidly developing sub-market. Situated on an 8,942 square foot parcel, the property features a balanced unit-mix of 50% studios and 50% one-bedroom units. With 36% of the units being delivered vacant, new ownership will have the opportunity to immediately renovate units and achieve additional rent premiums immediately. The continued gentrification of the surrounding area along with the value-add potential for a new owner to immediately renovate the vacant units make 228 South Kenmore an excellent acquisition opportunity.