JLL, as exclusive advisor, is pleased to present for sale 1314 Sutherland (the “Property” or “1314 Sutherland”); a 16-unit multifamily asset in the heart of Echo Park, north of Sunset Blvd. The Property consists of studio units with an average unit size of +500 square feet and a large laundry room on the ground floor that is currently being leased to WASH. Typically, real estate deals listed for sale offer either 1) an attractive basis, or 2) a strong going-in cap rate. 1314 Sutherland breaks this model by offering new ownership the luxury of an incredibly cheap basis at $124k/unit, a 'comp breaking' current cap rate of 6.26% (based on historical financials), AND 48% rental upside potential. Strategically situated within close proximity to major employment centers throughout Los Angeles, this prime location ensures seamless connectivity to the city’s vibrant hubs. DTLA’s office market has shown an increasingly strong post-COVID recovery as employers begin to bring employees back into the office. Notably, Echo Park has emerged as a popular destination for young professionals and artist who seek to benefit from Echo Parks restaurant and night life scene. Echo Park features several restaurants on the Michelin guide such as Guisado’s, Tsubaki,and Quarter Sheets.