Zag Apartments 1750 Glendale Blvd
Los Angeles, CA 90026

Zag Apartments is a newly constructed, Class A multifamily asset located in Los Angeles' vibrant Echo Park submarket. Built in 2022, the property features 70 units spanning 68,269 square feet on a 0.69-acre site, with an average unit size of 845 square feet. The unit mix caters to diverse tenant needs with one- to four-bedroom configurations. The property boasts 100% occupancy, underscoring its desirability in a supply-constrained market.

Current in-place rents average $3,001 per unit, presenting a 30% upside to market rents of $3,401. The property offers stabilized returns with a 7% cap...