Unit Interior Renovation Strategy

there is no question that a well-executed renovation of the Preston’s unit interiors would generate substantially higher rents. 12% of units are in original 1989 form and 88% of units interiors underwent a modest renovation program that was conceived almost 10 years ago. A new owner has the opportunity to implement a comprehensive interior renovation strategy across 100% of units that would transition the Preston from a property geared toward “2010 renters” to one that attracts LA’s high-income renters seeking luxury living in a hip, urban environment.

Cabinets

Faucet

Add undermount sink with high-end goose neck faucet

Backsplash

Add modern full-length tile backsplashes

Appliance Package

Upgrade stainless steel appliance packages

Countertops

Replace existing counters with thick marble-style countertops with waterfall edge

Pendant Lights

Install contemporary pendant lighting fixtures