NELA Develompent
Acquisition Criteria


NELA targets multi-family properties as well as multi-family development projects improved and/or unimproved lots that have the capacity to impact an area’s presence and stature.

Project type ranges from apartments, condos, or small lot subdivisions depending on the highest and best use of the lots or buildings. We are primarily acquiring development opportunities on the Westside of Los Angeles including Hollywood, West Hollywood, and Miracle Mile areas.


NELA targets single family and multi-unit residential properties all over Los Angeles County that have value-add opportunities such as: Properties in distress, illegal additions, fire/water/mold damage, city violations and other complex situations that allow NELA to contribute value.

Over Three Decades Of Proven Real Estate Development Success