​The defining feature of the offering is its compelling basis. Public records reflect that the Property sold for $1,650,000 in August 2022, equivalent to approximately $391 per square foot of building area and $212 per square foot of land. Following the lender’s acquisition of title, the Property is now offered at $895,000—approximately $212 per square foot of building area and $115 per square foot of land. 

​Delivered 100% vacant, the Property provides immediate control over lease-up, tenant selection, and long-term positioning. Based on projected rents of $2.00 per square foot NNN for the retail storefront, $4,000 per month for the residential unit, and $500 per month for the billboard, the Property is projected to generate $105,120 in annual scheduled income and $84,141 in net operating income. This equates to a 9.40% pro forma capitalization rate at the $895,000 offering price and an 8.66% return on total cost after accounting for a fully loaded lease-up budget of $76,680.

The improvements comprise two vacant units totaling ±4,216 square feet: a ±2,130-square-foot ground-floor retail storefront addressed 4847 Crenshaw Boulevard and a ±2,086-square-foot, three-bedroom/three-bath residential unit addressed 4849 Crenshaw  Boulevard. The Property also includes two existing billboards. The Property is further enhanced by prominent Crenshaw Boulevard frontage and exposure to approximately 44,745 vehicles per day