544 ROSE Ave
Situated in a prime trendy location in Venice Beach, 544 Rose was acquired through a Limited/General partnership in November 2021. The property was under marketed and under valued during the the preceding ownerships disposition, which also coincided with the fog and confusion surrounding Covid-19. The structure, built in 1991, features five split-level units, each with 2 bedrooms and 2.5 bathrooms. Following acquisition significant targeted renovations and upgrades were undertaken, including the installation of hardwood flooring, high-end appliances, and the addition of expansive private rooftop decks. Positioned in a vibrant urban coastal district, the property now generates substantial positive cash flow for limited partners thanks to the strategic value-add improvements coupled with an astute initial acquisition price.
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