3821 Lockland Drive, Los Angeles (city), CA 90008

The subject property is a 9-unit multifamily property located in the desirable and rapidly improving Baldwin Hills/Crenshaw neighborhood of Los Angeles, CA. The building is situated just one block southwest of the Baldwin Hills Crenshaw Plaza, an existing shopping center with approved plans to be redeveloped into 961 residential units, 300,000 square feet of retail and restaurant space, a 10-story office building, and a 400-room hotel. Also within one block is the brand new Kaiser Permanente facility slated to open in late 2017 after a $90 million investment in construction costs. The City of Los Angeles is also heavily invested in improving this neighborhood, with the upcoming Crenshaw/LAX transit line extension, an 8.5-mile rail line connecting the Metro Blue Line with the Metro Green Line, including direct access to Los Angeles International Airport.