Newmark, as exclusive advisor, is pleased to present this coastal, Southern California portfolio of two multifamily properties. Both are located in prime areas of West Los Angeles and feature attractive assumable financing. Built in 1972, the properties are centrally located in the coveted Palms neighborhood within the Greater Culver City submarket. With the vast majority of the units (±93%) in original or partially ugraded condition, the Portfolio offers investors the opportunity to execute a tried-and-tested renovation plan and capture the significant upside that remains. The nine units that have been renovated have received new countertops, vinyl flooring, upgraded bathrooms, and stainless-steel appliances. Rose Apartments and The Meridian boast a “Very Walkable” Walk Score of 76, and offers tenants unparalleled access to world-class shopping, dining, entertainment, and employment destinations without the need of a car.