81st & FIGUEROA

Previously, units were in very poor condition; several 

tenants hadn't paid rent in months

 

Former landlord neglected necessary repairs for many years

Units had pending city violations with health 

department/code compliance

Average time to rent new units less than

7 days

 

Housed 2 veterans, 2 victims of 

domestic violence

CRENSHAW & HYDE PARK

Previously poorly managed building  
 

30% of tenants were historically delinquent

Multiple break-ins

Inhabited by squatters

Had applicants for all units before units were complete

Area continues to rapidly improve due to proximity to new Crenshaw/LAX

Airport Metro Rail expansion, already under construction

E 108th STREET

4 units were completely abandoned

1 unit inhabited by squatters

Average time to rent new units Less than 7 days

Housed 7 member family from 1 bedroom to 3 bedroom

NAVARRO'S MARKET

Business owner indicated she was shutting

down the market

Business was held up a number of times   

The electrical wiring was completely

exposed in several areas

Parts of the ceiling were rotting and falling down

Owner has expanded to include fruits and vegetables and an instant morning business (a steaming pot of coffee/tea)   

                              

Business Owner indicated her business is up 15%+ and she is able to increase her prices for the first time in over 5 years

SoLa Impact

8629 S. Vermont Ave

Los Angeles, CA 90044

Tel. 323-306-4648  I  Fax: 323-306-4647  I  info@solaimpact.com

© 2020 SoLa Impact