A complete value-add execution from acquisition to exit. The FJO Group represented ownership across the full investment lifecycle on this 6-unit property (4x 1BR/1BA, 2x 2BR/1BA) — sourcing the asset off-market in October 2021 at $1,720,000, guiding ownership through an extensive repositioning, and closing the exit at $2,690,000 in 2025.

The repositioning included full gut remodels on four units, a complete exterior overhaul, three garage rebuilds, and full landscaping. Every unit was re-leased to market rents post-renovation, driving NOI growth that increased property value by more than 50% over the hold period.

Listed at $2,700,000 and closed at $2,690,000 to a local investor in 134 days — a clean exit that captured the full value created through the business plan.

Result: Nearly $1M in value created across a four-year hold. This is what disciplined acquisition, hands-on asset management, and the right exit timing look like in Southern California multifamily.