Lucrum Real Estate Group

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Westlake Village, CA
Lucrum Real Estate Group

As a commercial real estate investor, you shouldn’t have to deal with the frustrations caused by bad service. Contact us today!

Commercial Real Estate Brokerage Services

Selling Commercial Real Estate is Serious Business—We Get it and We’re Here to Help

Commercial real estate advisory & sales services in LA and Southern California that deliver exceptional results. You deserve a knowledgeable team that understands how to help you navigate the complexities of selling investment real estate using a streamlined process that

ensures the best outcomes. Having reliable experts is crucial to your success because navigating the commercial real estate market without the right guidance can be overwhelming. Without trusted advisors, you might feel uncertain about the process, unsure if you're receiving the best advice, negotiating effectively, or if your needs are being understood and prioritized. At Lucrum, you get a team of experienced and honest commercial real estate professionals specializing in multifamily investment sales since 2003. As owners of apartment buildings themselves, the Lucrum team understands that investors like you need more than just basic service—you need a trusted partner who listens, plans, and acts with your best interests in mind. That’s why we are committed to offering a custom approach tailored to your unique preferences, goals, and the strengths of your property. Our process starts by getting to know you and understanding your specific needs and objectives. Based on your goals, we'll create a personalized plan to maximize your investment's value. We guide you through a straightforward real estate transaction, ensuring transparency, integrity, and top-notch service every step of the way. Over the past two decades, Lucrum has built numerous loyal client relationships by consistently delivering on our promises. Our ability to understand client needs and dedication to creating tailored strategies have resulted in countless successful transactions and satisfied investors who trust us to handle the sale of their most important real estate assets. Partner with commercial real estate experts who set the standard for quality representation. Lucrum's Brokerage Affiliation: Equity Union

04/09/2026

𝗡𝗼𝘄 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲: 𝗙𝗼𝘂𝗿𝗽𝗹𝗲𝘅 | 𝗧𝗵𝗲 𝗕𝗶𝗰𝗸𝗻𝗲𝗹𝗹 𝗥𝗲𝘀𝗶𝗱𝗲𝗻𝗰𝗲𝘀
𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲 𝗠𝗮𝘁𝘁𝗲𝗿𝘀

𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗪𝗲𝗯𝘀𝗶𝘁𝗲: info.lucrumre.com/the-bicknell-residences
𝗗𝗲𝘁𝗮𝗶𝗹𝘀: OM available at lucrumre.com

𝗕𝗿𝗼𝗸𝗲𝗿𝗮𝗴𝗲: Equity Union Real Estate
𝗔𝗴𝗲𝗻𝘁𝘀: Raymond A. Rodriguez
𝗧𝗲𝗮𝗺: Lucrum Real Estate Group

𝗗𝗲𝘁𝗮𝗶𝗹𝘀 & 𝗩𝗮𝗹𝘂𝗲 𝗠𝗲𝘁𝗿𝗶𝗰𝘀:

Price: $2,100,000
Cap Rate: 2.84%
GRM: 19.48
Cost per SF: $886.45
Cost per unit: $525,000
Year Built: 1920
Square Footage: ±2,369
Lot Size: ±6,006 SF
Number of Units: 4
Parking: Street & 4 Garages
Transaction Type: For Sale
Property Type: Multifamily/Residential
Zoning: SMOP2*
APN/Parcel ID: 4289-017-018

𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

+ One owner-occupied unit; appealing to both owner-occupied and investor buyers
+ Court-Supervised Sale – Defined and structured disposition process, subject to court confirmation
+ Significant value-add opportunity with strong ±23% rental upside
+ Below-market rents with clear path to income growth
+ Flexible unit mix with multiple layout configurations
+ Vintage Santa Monica character with repositioning potential

Lucrum is pleased to present The Bicknell Residences, a value-add multifamily opportunity in the Ocean Park neighborhood of Santa Monica—just moments from the beach, Main Street, and key Westside amenities. Positioned in a supply-constrained coastal submarket, the property benefits from strong tenant demand, walkability, and long-term rental growth fundamentals.

The property operates as a four-unit coastal asset with a diverse unit mix, including a two-bedroom unit with office and three one-bedroom units. Select units have been updated, while others offer a clear path to repositioning and rental growth.

A meaningful gap between current and market rents presents immediate upside, with additional value potential through interior improvements, operational efficiencies, and income from four detached garages and a shared laundry area.

* Court-supervised sale subject to confirmation. Duplex per public record; four units on site. Buyer to verify legal status and permits.
𝗹𝘂𝗰𝗿𝘂𝗺𝗿𝗲.𝗰𝗼𝗺

04/05/2026

HE IS RISEN.

A reminder that strength is built through conviction, and clarity comes from purpose.

Wishing you a meaningful Easter.

04/04/2026

Today is Good Friday.

A reminder that the greatest victories don’t come through power, but through sacrifice.

Grateful for the perspective—and what it makes possible.

03/20/2026

𝗥𝗲𝗰𝗼𝗴𝗻𝗶𝘁𝗶𝗼𝗻 𝗶𝘀 𝗺𝗲𝗮𝗻𝗶𝗻𝗴𝗳𝘂𝗹. 𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝗼𝗻 𝗶𝘀 𝘄𝗵𝗮𝘁 𝗺𝗮𝘁𝘁𝗲𝗿𝘀 𝗺𝗼𝘀𝘁.

We’re honored to be recognized by Equity Union Real Estate at this year’s Southern California Awards Ceremony, where Lucrum Real Estate Group was awarded the Double Platinum Award.

At 𝗟𝘂𝗰𝗿𝘂𝗺, our focus remains simple—helping apartment owners make clear, strategic decisions in a constantly changing market.

This recognition reflects the trust our clients place in us and the standard we hold ourselves to every day.

To our clients, partners, and colleagues—thank you for being part of the journey.

If you're evaluating your next move, start with clarity.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝘆𝗼𝘂𝗿 𝗟𝘂𝗰𝗿𝘂𝗺 𝗢𝗽𝗶𝗻𝗶𝗼𝗻 𝗼𝗳 𝗩𝗮𝗹𝘂𝗲 (𝗟𝗢𝗩) and understand where your property stands in today’s market.

𝗟𝘂𝗰𝗿𝘂𝗺 𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲 𝗚𝗿𝗼𝘂𝗽
Multifamily Investment Advisory
Los Angeles & Ventura County
𝗹𝘂𝗰𝗿𝘂𝗺𝗿𝗲.𝗰𝗼𝗺

03/20/2026

𝗣𝗿𝗶𝗰𝗲 𝗜𝗺𝗽𝗿𝗼𝘃𝗲𝗺𝗲𝗻𝘁: 𝟭𝟮 𝗨𝗻𝗶𝘁𝘀 | 𝗘𝗱𝗴𝗲𝗵𝗶𝗹𝗹 𝗥𝗼𝘄 𝗕𝘂𝗻𝗴𝗮𝗹𝗼𝘄𝘀 | 𝗟𝗼𝘀 𝗔𝗻𝗴𝗲𝗹𝗲𝘀, 𝗖𝗔
𝗜𝗻𝘃𝗲𝘀𝘁 𝘄𝗶𝘁𝗵 𝗖𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲

𝗦𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁 $𝟮𝟭𝟬,𝟬𝟬𝟬 𝗣𝗿𝗶𝗰𝗲 𝗜𝗺𝗽𝗿𝗼𝘃𝗲𝗺𝗲𝗻𝘁!
𝗦𝗲𝗹𝗹𝗲𝗿 𝗶𝘀 𝗺𝗼𝘁𝗶𝘃𝗮𝘁𝗲𝗱 𝘁𝗼 𝗲𝗻𝗴𝗮𝗴𝗲 𝗔𝗟𝗟 𝗿𝗲𝗮𝘀𝗼𝗻𝗮𝗯𝗹𝗲 𝗼𝗳𝗳𝗲𝗿𝘀.

𝗕𝗿𝗼𝗸𝗲𝗿𝗮𝗴𝗲: Equity Union Real Estate
𝗔𝗴𝗲𝗻𝘁𝘀: Raymond A. Rodriguez
𝗧𝗲𝗮𝗺: Lucrum Real Estate Group

𝗡𝗼𝘄 𝗼𝗳𝗳𝗲𝗿𝗲𝗱 𝗮𝘁 $𝟮,𝟯𝟴𝟱,𝟬𝟬𝟬

𝗩𝗮𝗹𝘂𝗲 𝗠𝗲𝘁𝗿𝗶𝗰𝘀:

Price: $2,385,000
Cap Rate: 7.03%
GRM: 9.51
Cost per SF: $389.71
Cost per unit: $198,750
Year Built: 1923
Square Footage: ±6,120
Lot Size: ±13,808 SF
Units: 12
Parking: Street
Transaction Type: For Sale
Property Type: Multifamily
Zoning: LAR3
APN/Parcel ID: 5051-011-013

𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

+ Compelling day-one cash flow and attractive value metrics
+ Attractive financing options for investors seeking leverage & competitive rates
+ 7 of 12 units renovated
+ Pro-forma cap rate of approximately ±8.54% at proven rents, offering material upside
+ All units are equipped with individual hot water heaters (7 units feature new tankless systems)
+ Units are separately metered for electricity. 11 of 12 units are sub-metered for gas

Lucrum Real Estate Group presents Edgehill Row Bungalows, a 12-unit boutique multifamily investment in Jefferson Park, Los Angeles, offering strong day-one cash flow with a ±7.03% cap rate and ±8.54% pro forma upside. This courtyard-style asset features 7 renovated units, individually metered utilities, and RUBS income in place, supporting efficient operations and continued revenue growth. With additional upside through unit renovations, RUBS expansion, and potential ADU or amenity enhancements, the property combines classic Los Angeles charm with a clear path to value creation. Centrally located near Downtown LA, Culver City, and major transit corridors, Edgehill Row Bungalows presents a compelling opportunity for immediate cash flow and long-term value creation in a high-demand Los Angeles submarket.
𝗹𝘂𝗰𝗿𝘂𝗺𝗿𝗲.𝗰𝗼𝗺

03/19/2026

𝗣𝗿𝗶𝗰𝗲 𝗜𝗺𝗽𝗿𝗼𝘃𝗲𝗺𝗲𝗻𝘁: 𝟳 𝗨𝗻𝗶𝘁𝘀 | 𝗦𝗮𝗽𝗽𝗵𝗶𝗿𝗲 𝗖𝗿𝗲𝘀𝘁 | 𝗪𝗶𝗹𝗺𝗶𝗻𝗴𝘁𝗼𝗻, 𝗖𝗔
𝗤𝘂𝗮𝗹𝗶𝘁𝘆 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝗶𝗲𝘀 𝘁𝗼 𝗚𝗿𝗼𝘄 𝗬𝗼𝘂𝗿 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼

𝗦𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁 $𝟱𝟱,𝟬𝟬𝟬 𝗣𝗿𝗶𝗰𝗲 𝗜𝗺𝗽𝗿𝗼𝘃𝗲𝗺𝗲𝗻𝘁!
𝗦𝗲𝗹𝗹𝗲𝗿 𝗶𝘀 𝗺𝗼𝘁𝗶𝘃𝗮𝘁𝗲𝗱 𝘁𝗼 𝗲𝗻𝗴𝗮𝗴𝗲 𝗔𝗟𝗟 𝗿𝗲𝗮𝘀𝗼𝗻𝗮𝗯𝗹𝗲 𝗼𝗳𝗳𝗲𝗿𝘀.

𝗕𝗿𝗼𝗸𝗲𝗿𝗮𝗴𝗲: Equity Union Real Estate
𝗔𝗴𝗲𝗻𝘁𝘀: Raymond A. Rodriguez | Scotty Weisstein
𝗧𝗲𝗮𝗺: Lucrum Real Estate Group

𝗡𝗼𝘄 𝗼𝗳𝗳𝗲𝗿𝗲𝗱 𝗮𝘁 $𝟭,𝟱𝟵𝟱,𝟬𝟬𝟬

𝗩𝗮𝗹𝘂𝗲 𝗠𝗲𝘁𝗿𝗶𝗰𝘀:

Price: $1,595,000
Cap Rate: 7.08%
GRM: 8.98
Cost per SF: $300.89
Cost per unit: $227,857
Year Built: 1965
Square Footage: ±5,301
Lot Size: ±7,512 SF
Units: 7
Parking: 7 Spaces
Transaction Type: For Sale
Property Type: Multifamily
Zoning: LARD1.5
APN/Parcel ID: 7416-025-027

𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

+ Strong Cash Flow: ~$177,648 annual income; ±7.08% cap rate; ±7.42% cash-on-cash return
+ Attractive Value: ±8.98 GRM; competitive price per unit vs replacement cost
+ Stable Financing: ~1.20x debt coverage supports cash flow stability
+ Turnkey Condition: 2023 renovation & 2024 upgraded electrical systems minimize near-term capex
+ ADU Upside: ±760 SF two-bedroom, two-bath ADU plans included for future income growth
+ Expense Control & Operational Efficiency: Separately metered gas and electricity reduce owner-paid utilities

Lucrum Group presents Sapphire Crest, a fully renovated 7-unit multifamily investment in Wilmington, CA, offering strong in-place cash flow with a ±7.08% cap rate and ±7.42% cash-on-cash return. This turnkey asset features recent renovations, upgraded electrical systems, and separately metered utilities, minimizing near-term capital risk while maximizing efficiency. With stable rents, a diversified unit mix, garage parking, and proximity to major ports and employment hubs, Sapphire Crest presents a compelling opportunity for immediate yield and long-term upside in a strong coastal submarket.
𝗹𝘂𝗰𝗿𝘂𝗺𝗿𝗲.𝗰𝗼𝗺

03/19/2026

𝗣𝗿𝗶𝗰𝗲 𝗜𝗺𝗽𝗿𝗼𝘃𝗲𝗺𝗲𝗻𝘁: 𝟭𝟰 𝗨𝗻𝗶𝘁𝘀 | 𝗩𝗶𝗹𝗹𝗮 𝗖𝗼𝗿𝗼𝗻𝗮𝗱𝗼 | 𝗟𝗼𝘀 𝗔𝗻𝗴𝗲𝗹𝗲𝘀, 𝗖𝗔
𝗪𝗲 𝗦𝘁𝗮𝗻𝗱 𝗥𝗲𝗮𝗱𝘆 𝘁𝗼 𝗦𝗲𝗿𝘃𝗲 𝗬𝗼𝘂

𝗦𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁 $𝟭𝟳𝟱,𝟬𝟬𝟬 𝗣𝗿𝗶𝗰𝗲 𝗜𝗺𝗽𝗿𝗼𝘃𝗲𝗺𝗲𝗻𝘁!
𝗦𝗲𝗹𝗹𝗲𝗿 𝗶𝘀 𝗺𝗼𝘁𝗶𝘃𝗮𝘁𝗲𝗱 𝘁𝗼 𝗲𝗻𝗴𝗮𝗴𝗲 𝗔𝗟𝗟 𝗿𝗲𝗮𝘀𝗼𝗻𝗮𝗯𝗹𝗲 𝗼𝗳𝗳𝗲𝗿𝘀.

𝗕𝗿𝗼𝗸𝗲𝗿𝗮𝗴𝗲: Equity Union Real Estate
𝗔𝗴𝗲𝗻𝘁𝘀: Raymond A. Rodriguez | Matt Freedman
𝗧𝗲𝗮𝗺: Lucrum Real Estate Group

𝗡𝗼𝘄 𝗼𝗳𝗳𝗲𝗿𝗲𝗱 𝗮𝘁 $𝟮,𝟯𝟳𝟱,𝟬𝟬𝟬

𝗩𝗮𝗹𝘂𝗲 𝗠𝗲𝘁𝗿𝗶𝗰𝘀:

Price: $2,375,000
Cap Rate: 6.71%
GRM: 8.09
Cost per SF: $207.79
Cost per unit: $169,643
Year Built: 1924 & 1922
Square Footage: ±11,430
Lot Size: ±12,804 SF
Units: 14
Parking: 4 Garages & 4 Surface Spaces
Transaction Type: For Sale
Property Type: Multifamily
Zoning: LAR3
APN/Parcel ID: 5155-030-012 & 011

𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

+ Individually metered for gas and electricity
+ Select units with individual hot water heaters & in-unit laundry hookups
+ Gated onsite parking, including enclosed garages, possible ADU’s
+ Two separate APNs providing operational and future flexibility
+ RUBS income in place to minimize water & sewer utility cost
+ 6.71% cap rate & 8.09× gross at asking & priced below replacement cost

Lucrum is pleased to present Villa Coronado, a 14-unit garden-style multifamily investment located in the Westlake District, just minutes from Downtown LA and Koreatown. Situated on two separate APNs, the property offers operational flexibility alongside strong in-place income, RUBS utility reimbursement, and ±21% rental upside. The asset features spacious units with high ceilings, classic architectural charm, and select in-unit laundry hookups, all within a serene, landscaped setting on a quiet, tree-lined street with gated parking. Positioned in one of Central LA’s most active rental corridors, this offering presents a compelling opportunity for immediate cash flow and long-term appreciation.
𝗹𝘂𝗰𝗿𝘂𝗺𝗿𝗲.𝗰𝗼𝗺

03/11/2026

𝗣𝗿𝗶𝗰𝗲 𝗜𝗺𝗽𝗿𝗼𝘃𝗲𝗺𝗲𝗻𝘁: 𝗧𝗿𝗶𝗽𝗹𝗲𝘅 | 𝗔𝗹𝗮𝗻𝗱𝗲𝗹𝗲 𝗖𝗼𝘂𝗿𝘁 | 𝗟𝗼𝘀 𝗔𝗻𝗴𝗲𝗹𝗲𝘀, 𝗖𝗔
𝗤𝘂𝗮𝗹𝗶𝘁𝘆 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝗶𝗲𝘀 𝘁𝗼 𝗚𝗿𝗼𝘄 𝗬𝗼𝘂𝗿 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼

𝗦𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁 $𝟭𝟱𝟱,𝟬𝟬𝟬 𝗣𝗿𝗶𝗰𝗲 𝗜𝗺𝗽𝗿𝗼𝘃𝗲𝗺𝗲𝗻𝘁!
𝗦𝗲𝗹𝗹𝗲𝗿 𝗶𝘀 𝗺𝗼𝘁𝗶𝘃𝗮𝘁𝗲𝗱 𝘁𝗼 𝗲𝗻𝗴𝗮𝗴𝗲 𝗔𝗟𝗟 𝗿𝗲𝗮𝘀𝗼𝗻𝗮𝗯𝗹𝗲 𝗼𝗳𝗳𝗲𝗿𝘀.

𝗕𝗿𝗼𝗸𝗲𝗿𝗮𝗴𝗲: Equity Union Real Estate
𝗧𝗲𝗮𝗺: Lucrum Real Estate Group
𝗔𝗴𝗲𝗻𝘁: Raymond A. Rodriguez

𝗡𝗼𝘄 𝗼𝗳𝗳𝗲𝗿𝗲𝗱 𝗮𝘁 $𝟭,𝟱𝟵𝟱,𝟬𝟬𝟬

𝗩𝗮𝗹𝘂𝗲 𝗠𝗲𝘁𝗿𝗶𝗰𝘀:

Price: $1,595,000
Cap Rate: 5.30%
GRM: 13.34
Cost per SF: $524.50
Cost per unit: $531,667
Year Built: 1947
Square Footage: ±3,041
Lot Size: ±6,173 SF
Units: 3
Parking: 3 Spaces
Transaction Type: For Sale
Property Type: Multifamily/Residential
Zoning: LAR3
APN/Parcel ID: 5089-013-010

𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

+ Beautifully maintained boutique triplex gushing with curb appeal
+ One 2-bedroom unit delivered vacant, offering immediate rental upside or owner-user opportunity
+ In-unit washer and dryer hookups
+ Rear courtyard patio and lounge area with BBQ & string lighting
+ On-site garage parking and flexible permitted & unpermitted street parking
+ Remodeled bright units with spacious floor plans, including front and rear unit access

Lucrum Real Estate Group presents Alandele Court, a well-located three-unit multifamily property in the Mid-Wilshire/Miracle Mile neighborhood of Los Angeles. The property features renovated two-bedroom apartment homes, recent system upgrades, and a private courtyard amenity that enhances tenant appeal.

With one unit delivered vacant, investors have the flexibility to lease at market rent or pursue an owner-user opportunity. Combined with the recent price improvement, Alandele Court presents a compelling opportunity in one of Central Los Angeles’ most supply-constrained multifamily submarkets.
𝗹𝘂𝗰𝗿𝘂𝗺𝗿𝗲.𝗰𝗼𝗺

03/09/2026

𝗡𝗼𝘄 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲: 𝗠𝘂𝗹𝘁𝗶-𝗧𝗲𝗻𝗮𝗻𝘁 𝗥𝗲𝘁𝗮𝗶𝗹 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆
𝗜𝗻𝘃𝗲𝘀𝘁 𝗶𝗻 𝗥𝗲𝘀𝘂𝗹𝘁𝘀

𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗪𝗲𝗯𝘀𝗶𝘁𝗲: info.lucrumre.com/multi-tenant-retail-investment
𝗗𝗲𝘁𝗮𝗶𝗹𝘀: OM available at lucrumre.com

𝗕𝗿𝗼𝗸𝗲𝗿𝗮𝗴𝗲: Equity Union Real Estate
𝗔𝗴𝗲𝗻𝘁𝘀: Raymond A. Rodriguez | Matt Freedman
𝗧𝗲𝗮𝗺: Lucrum Real Estate Group

𝗩𝗮𝗹𝘂𝗲 𝗠𝗲𝘁𝗿𝗶𝗰𝘀:

Price: $4,150,000
Cap Rate: 4.54%
Cost per SF: $774.83
Year Built: 1924 & 1957
Square Footage: ±5,356
Lot Size: ±5,828
Number of Tenants: 2
Parking: 4 On-Site Parking Spaces
Transaction Type: For Sale
Property Type: Mixed-Use/Retail
Zoning: LAC2
APN/Parcel ID: 4246-026-006 & 005

𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

+ ±7.10% cap rate based upon market rates and lease terms
+ Opportunity to convert month-to-month modified gross leases to NNN, increasing NOI
+ Two retail units totaling ±5,356 SF with separate APNs.
+ Flexible mixed-use layouts: retail, office, and large 1-bedroom unit
+ Individually metered utilities with central HVAC and large private rear outdoor spaces
+ Additional revenue stream generated through the billboard current leased to CBS
+ Excellent owner-user opportunity in high-demand Westside submarket with limited supply

Lucrum Group presents 12513 & 12515 Venice Blvd., a rare mixed-use retail investment in the heart of Mar Vista along a high-visibility stretch of Venice Boulevard. The ±5,356 SF property consists of two retail buildings on separate APNs with flexible retail, office, and residential components, individually metered utilities, and additional billboard income leased to CBS. With tenants currently on month-to-month leases, ownership has a clear opportunity to reposition to market rents and transition to NNN structures, driving meaningful NOI growth in one of the Westside’s most supply-constrained corridors.
𝗹𝘂𝗰𝗿𝘂𝗺𝗿𝗲.𝗰𝗼𝗺

02/17/2026

𝗡𝗼𝘄 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲: 𝟭𝟮 𝗨𝗻𝗶𝘁𝘀 | 𝗘𝗱𝗴𝗲𝗵𝗶𝗹𝗹 𝗥𝗼𝘄 𝗕𝘂𝗻𝗴𝗮𝗹𝗼𝘄𝘀
𝗦𝗽𝗲𝗰𝗶𝗮𝗹𝗶𝘀𝘁𝘀 𝗥𝗲𝗮𝗱𝘆 𝘁𝗼 𝗦𝗲𝗿𝘃𝗲

𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗪𝗲𝗯𝘀𝗶𝘁𝗲: info.lucrumre.com/edgehill-row-bungalows
𝗗𝗲𝘁𝗮𝗶𝗹𝘀: OM available at lucrumre.com

𝗕𝗿𝗼𝗸𝗲𝗿𝗮𝗴𝗲: Equity Union Real Estate
𝗔𝗴𝗲𝗻𝘁𝘀: Raymond A. Rodriguez
𝗧𝗲𝗮𝗺: Lucrum Real Estate Group

𝗩𝗮𝗹𝘂𝗲 𝗠𝗲𝘁𝗿𝗶𝗰𝘀:

Price: $2,595,000
Cap Rate: 6.36%
GRM: 10.34
Cost per SF: $424.02
Cost per unit: $216,250
Year Built: 1923
Square Footage: ±6,120
Lot Size: ±13,808 SF
Number of Units: 12
Parking: Street
Transaction Type: For Sale
Property Type: Multifamily
Zoning: LAR3
APN/Parcel ID: 5051-011-013

𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

+ Compelling day-one cash flow and attractive value metrics
+ Attractive financing options for investors seeking leverage & competitive rates
+ 7 of 12 units renovated
+ Pro-forma cap rate of approximately ±7.75% at proven rents, offering material upside
+ All units are equipped with individual hot water heaters (7 units feature new tankless systems)
+ Units are separately metered for electricity. 11 of 12 units are sub-metered for gas

Lucrum presents Edgehill Row Bungalows, a 12-unit courtyard-style multifamily investment in Jefferson Park, delivering durable in-place income with a clear and actionable value-add strategy. Currently operating at a ±6.36% cap rate with upside to ±7.75% at proven rents, the asset combines seven renovated units, utility expense efficiency, and RUBS implementation already underway—creating both stability and operational momentum from day one.
This is a core-plus opportunity for investors who prioritize discipline, cash-flow strength, and strategic growth. Character-rich 1920s architecture, boutique community design, and central Los Angeles positioning further support long-term demand and tenant retention. Edgehill Row Bungalows offers durable income now—with a structured plan to drive measurable growth over time.
𝗹𝘂𝗰𝗿𝘂𝗺𝗿𝗲.𝗰𝗼𝗺

02/03/2026

𝗝𝘂𝘀𝘁 𝗟𝗶𝘀𝘁𝗲𝗱: 𝟳 𝗨𝗻𝗶𝘁𝘀 | 𝗦𝗮𝗽𝗽𝗵𝗶𝗿𝗲 𝗖𝗿𝗲𝘀𝘁
𝗜𝗻𝘃𝗲𝘀𝘁 𝘄𝗶𝘁𝗵 𝗖𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲

𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗪𝗲𝗯𝘀𝗶𝘁𝗲: info.lucrumre.com/Sapphire-Crest
𝗗𝗲𝘁𝗮𝗶𝗹𝘀: OM available at lucrumre.com

𝗕𝗿𝗼𝗸𝗲𝗿𝗮𝗴𝗲: Equity Union Real Estate
𝗔𝗴𝗲𝗻𝘁𝘀: Raymond A. Rodriguez | Scotty Weisstein
𝗧𝗲𝗮𝗺: Lucrum Real Estate Group

𝗩𝗮𝗹𝘂𝗲 𝗠𝗲𝘁𝗿𝗶𝗰𝘀:

Price: $1,650,000
Cap Rate: 6.84%
GRM: 9.29
Cost per SF: $311.26
Cost per unit: $235,714
Year Built: 1965
Square Footage: ±5,301
Lot Size: ±7,512 SF
Number of Units: 7
Parking: 7 Spaces
Transaction Type: For Sale
Property Type: Multifamily
Zoning: LARD1.5
APN/Parcel ID: 7416-025-027

𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

+ Strong In-Place Cash Flow & Day-One Returns: Approximately $177,648 in scheduled gross annual income with a ±6.84% cap rate and ±6.51% cash-on-cash return under prevailing financing assumptions.
+ Compelling Value Metrics: ±9.29 GRM and a competitive price per unit relative to replacement cost, supporting attractive basis and downside protection.
+ Efficient Leverage Profile: Underwritten loan scenarios supporting approximately ~1.20x debt coverage, enhancing cash flow stability and financing flexibility.
+ Turnkey Capital Position: Comprehensive 2023 renovation and upgraded electrical systems (2024) materially reduce near-term capital expenditure risk.
+ Defined Upside Optionality: Architectural drawings completed for a potential ±760 SF two-bedroom, two-bath ADU (not built; property conveyed with plans only), offering a clear pathway for future income growth.
+ Expense Control & Operational Efficiency: Separately metered gas and electricity reduce owner-paid utilities, supporting long-term margin preservation.

Lucrum Real Estate Group presents Sapphire Crest, a fully renovated 7-unit multifamily asset offering stabilized income, modernized systems, and defined upside. Completed renovations include full interior remodels, a new roof, updated electrical, and improved landscaping—positioning the property as a turnkey, low-maintenance investment. With strong day-one cash flow and ADU expansion potential, Sapphire Crest delivers durability today with optional growth tomorrow.
𝗹𝘂𝗰𝗿𝘂𝗺𝗿𝗲.𝗰𝗼𝗺

02/02/2026

𝗝𝘂𝘀𝘁 𝗟𝗶𝘀𝘁𝗲𝗱: 𝟮𝟯 𝗨𝗻𝗶𝘁𝘀 | 𝗗𝗮𝗿𝗯𝘆 𝗛𝗮𝘃𝗲𝗻 𝗔𝗽𝗮𝗿𝘁𝗺𝗲𝗻𝘁𝘀
𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗶𝘀 𝗘𝘃𝗲𝗿𝘆𝘁𝗵𝗶𝗻𝗴

𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗪𝗲𝗯𝘀𝗶𝘁𝗲: info.lucrumre.com/Darby-Haven-Apartments
𝗗𝗲𝘁𝗮𝗶𝗹𝘀: OM available at lucrumre.com

𝗕𝗿𝗼𝗸𝗲𝗿𝗮𝗴𝗲: Equity Union Real Estate
𝗔𝗴𝗲𝗻𝘁𝘀: Raymond A. Rodriguez | Matt Freedman
𝗧𝗲𝗮𝗺: Lucrum Real Estate Group

𝗩𝗮𝗹𝘂𝗲 𝗠𝗲𝘁𝗿𝗶𝗰𝘀:

Price: $4,985,000
Cap Rate: 5.84%
GRM: 10.01
Cost per SF: $275.58
Cost per unit: $216,739
Year Built: 1962
Square Footage: ±18,089
Lot Size: ±22,068 SF
Number of Units: 23
Parking: 22
Transaction Type: For Sale
Property Type: Multifamily
Zoning: LAR3
APN/Parcel ID: 2125-017-008

𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

+ Priced below replacement cost offering strong value metrics
+ Strong in-place income with approximately ±23% rental upside
+ Individually metered for gas and electricity
+ RUBS program implemented for select units
+ Bright units with spacious, efficient floor plans
+ Excellent financing options with attractive leverage and interest rates

Lucrum Real Estate Group presents Darby Haven Apartments, a 23-unit multifamily community offering scale, stability, and upside in a quiet Reseda neighborhood. Built in 1962, the property features spacious floor plans, strong in-place income, a RUBS program, and ±23% rental upside through targeted interior improvements. Residents enjoy a gated pool, on-site laundry, and ample on-site parking, while a completed soft-story retrofit (2020) enhances long-term durability. Zoned LAR3, Darby Haven is a compelling value-add opportunity in one of the San Fernando Valley’s most consistent rental markets.
𝗹𝘂𝗰𝗿𝘂𝗺𝗿𝗲.𝗰𝗼𝗺

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4353 Park Terrace Drive #100
Westlake Village, CA
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