1101 W 45th St | 20-Unit Studio Asset with Scale in South LA.1925 vintage, 20-unit multifamily on a 7,449 SF lot offering true operational scale in a high-demand South Los Angeles rental corridor near USC. The property features a simple, studio-only unit mix across 11,428 SF of rentable area ideal for efficient management and predictable cash flow. Two vacant units at close provide immediate lease-up at market rents, while in-place rents averaging ~$1,382 per unit remain below market, creating a clear, executable rent-to-market strategy without aggressive assumptions. Strong occupancy and diversified income across 20 units support downside protection throughout the hold.