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SOUTHERN CALIFORNIA MULTIFAMILY
Access Curated Multifamily Investments in Southern California
Chester Capital partners with accredited investors to reposition multifamily properties through strategic ADU conversions and operational improvements. We deliver attractive risk-adjusted returns through forced appreciation and active asset management.
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SOUTHERN CALIFORNIA MULTIFAMILY
Access Curated Multifamily Investments in Southern California
Chester Capital partners with accredited investors to reposition multifamily properties through strategic ADU conversions and operational improvements. We deliver attractive risk-adjusted returns through forced appreciation and active asset management.
Analysis
Market
Growth
Strategy
Planning
Analysis
Market
Growth
Strategy
Planning
Analysis
Market
Growth
Strategy
Planning
Analysis
Market
Growth
Strategy
Planning
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ABOUT CHESTER CAPITAL
Repositioning Southern California multifamily properties through strategic value creation.
Chester Capital LLC is a real estate investment firm specializing in value-add multifamily acquisitions in Southern California. We combine institutional-quality deal analysis with hands-on operational expertise to deliver compelling risk-adjusted returns for our investors.
Combined real estate & construction experience
Southern California
Southern California
Exclusive market focus
Full-Cycle
Full-Cycle
Acquisition through stabilization
LP-Focused
LP-Focused
Investor-aligned structure
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OUR INVESTMENT APPROACH
Creating value through disciplined acquisition, strategic repositioning, and active management
MARKET SPECIALIZATION
Focus exclusively on high-growth Southern California submarkets
We target multifamily properties in submarkets with strong rental demand, favorable regulatory environments for ADU development, and proven appreciation potential.
MARKET SPECIALIZATION
Focus exclusively on high-growth Southern California submarkets
We target multifamily properties in submarkets with strong rental demand, favorable regulatory environments for ADU development, and proven appreciation potential.
MARKET SPECIALIZATION
Focus exclusively on high-growth Southern California submarkets
We target multifamily properties in submarkets with strong rental demand, favorable regulatory environments for ADU development, and proven appreciation potential.
FORCED APPRECIATION
Generate returns through value creation, not market timing
We add units via ADU conversions, improve operations, and reposition properties to unlock immediate equity and cash flow growth through disciplined execution.
FORCED APPRECIATION
Generate returns through value creation, not market timing
We add units via ADU conversions, improve operations, and reposition properties to unlock immediate equity and cash flow growth through disciplined execution.
FORCED APPRECIATION
Generate returns through value creation, not market timing
We add units via ADU conversions, improve operations, and reposition properties to unlock immediate equity and cash flow growth through disciplined execution.
FULL-CYCLE EXECUTION
In-house capabilities across the entire investment lifecycle
Our capabilities span acquisition, permitting, design, construction management, and lease-up, eliminating third-party dependencies and ensuring quality control throughout every project.
FULL-CYCLE EXECUTION
In-house capabilities across the entire investment lifecycle
Our capabilities span acquisition, permitting, design, construction management, and lease-up, eliminating third-party dependencies and ensuring quality control throughout every project.
FULL-CYCLE EXECUTION
In-house capabilities across the entire investment lifecycle
Our capabilities span acquisition, permitting, design, construction management, and lease-up, eliminating third-party dependencies and ensuring quality control throughout every project.
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WHY CHESTER CAPITAL
Expertise in Southern California multifamily value-add investing
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Local Expertise
Deep Southern California market knowledge and established relationships provide access to off-market and pocket-listed opportunities before they hit the broader market. Our local presence and network create a meaningful sourcing advantage.
market
network
sourcing
deal flow
relationships
Local Expertise
/ 002

ADU Conversion Focus
Specialized expertise in identifying and executing ADU development opportunities that most investors overlook or cannot execute effectively. We understand local zoning, permitting requirements, and construction best practices to maximize unit count expansion.
ADU
permitting
development
construction
zoning
ADU Conversion Focus
/ 003

Operational Excellence
Technical background in construction management and real estate development enables superior execution on complex value-add repositioning projects. We identify risks early, manage contractors effectively, and deliver on-time, on-budget results.
construction
execution
development
project management
technical
Operational Excellence
/ 004

Active Management
Hands-on asset management approach with direct oversight of property operations, construction, and leasing to protect and maximize investor returns. We don't rely on third-party property managers—we actively manage every asset to optimize performance.
management
operations
leasing
oversight
performance
Active Management
/ 001

Local Expertise
Deep Southern California market knowledge and established relationships provide access to off-market and pocket-listed opportunities before they hit the broader market. Our local presence and network create a meaningful sourcing advantage.
market
network
sourcing
deal flow
relationships
Local Expertise
/ 002

ADU Conversion Focus
Specialized expertise in identifying and executing ADU development opportunities that most investors overlook or cannot execute effectively. We understand local zoning, permitting requirements, and construction best practices to maximize unit count expansion.
ADU
permitting
development
construction
zoning
ADU Conversion Focus
/ 003

Operational Excellence
Technical background in construction management and real estate development enables superior execution on complex value-add repositioning projects. We identify risks early, manage contractors effectively, and deliver on-time, on-budget results.
construction
execution
development
project management
technical
Operational Excellence
/ 004

Active Management
Hands-on asset management approach with direct oversight of property operations, construction, and leasing to protect and maximize investor returns. We don't rely on third-party property managers—we actively manage every asset to optimize performance.
management
operations
leasing
oversight
performance
Active Management
/ 001

Local Expertise
Deep Southern California market knowledge and established relationships provide access to off-market and pocket-listed opportunities before they hit the broader market. Our local presence and network create a meaningful sourcing advantage.
market
network
sourcing
deal flow
relationships
Local Expertise
/ 002

ADU Conversion Focus
Specialized expertise in identifying and executing ADU development opportunities that most investors overlook or cannot execute effectively. We understand local zoning, permitting requirements, and construction best practices to maximize unit count expansion.
ADU
permitting
development
construction
zoning
ADU Conversion Focus
/ 003

Operational Excellence
Technical background in construction management and real estate development enables superior execution on complex value-add repositioning projects. We identify risks early, manage contractors effectively, and deliver on-time, on-budget results.
construction
execution
development
project management
technical
Operational Excellence
/ 004

Active Management
Hands-on asset management approach with direct oversight of property operations, construction, and leasing to protect and maximize investor returns. We don't rely on third-party property managers—we actively manage every asset to optimize performance.
management
operations
leasing
oversight
performance
Active Management
/ 001

Local Expertise
Deep Southern California market knowledge and established relationships provide access to off-market and pocket-listed opportunities before they hit the broader market. Our local presence and network create a meaningful sourcing advantage.
market
network
sourcing
deal flow
relationships
Local Expertise
/ 002

ADU Conversion Focus
Specialized expertise in identifying and executing ADU development opportunities that most investors overlook or cannot execute effectively. We understand local zoning, permitting requirements, and construction best practices to maximize unit count expansion.
ADU
permitting
development
construction
zoning
ADU Conversion Focus
/ 003

Operational Excellence
Technical background in construction management and real estate development enables superior execution on complex value-add repositioning projects. We identify risks early, manage contractors effectively, and deliver on-time, on-budget results.
construction
execution
development
project management
technical
Operational Excellence
/ 004

Active Management
Hands-on asset management approach with direct oversight of property operations, construction, and leasing to protect and maximize investor returns. We don't rely on third-party property managers—we actively manage every asset to optimize performance.
management
operations
leasing
oversight
performance
Active Management



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HOW WE CREATE VALUE
Acquisition expertise. Hands-on execution.
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001
Sourcing & Underwriting
Sourcing & Underwriting
Institutional-level financial analysis and due diligence focused on properties with clear ADU conversion potential and operational upside. We employ sophisticated DCF modeling, multiple scenario stress-testing, and comprehensive market analysis to validate every investment thesis.
Institutional-level financial analysis and due diligence focused on properties with clear ADU conversion potential and operational upside. We employ sophisticated DCF modeling, multiple scenario stress-testing, and comprehensive market analysis to validate every investment thesis.
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002
Execution & Repositioning
Execution & Repositioning
Leveraging our established network of general contractors, architects, and lenders, we actively manage permitting, construction, and property improvements. Direct project oversight and in-house construction expertise ensure on-time, on-budget delivery of all value-add initiatives.
Leveraging our established network of general contractors, architects, and lenders, we actively manage permitting, construction, and property improvements. Direct project oversight and in-house construction expertise ensure on-time, on-budget delivery of all value-add initiatives.
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003
Stabilization & Returns
Stabilization & Returns
Strategic repositioning drives optimized operations and enhanced cash flow. We deliver attractive risk-adjusted returns to limited partners through disciplined hold strategies, value-maximizing refinancing, or strategic disposition at optimal exit timing.
Strategic repositioning drives optimized operations and enhanced cash flow. We deliver attractive risk-adjusted returns to limited partners through disciplined hold strategies, value-maximizing refinancing, or strategic disposition at optimal exit timing.
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CORE COMPETENCIES
What we do best
TARGETED ACQUISITIONS
Institutional-level financial modeling including DCF analysis, sensitivity testing, and comprehensive market research. Proven track record of identifying off-market and value-add opportunities in competitive Southern California markets.
TARGETED ACQUISITIONS
Institutional-level financial modeling including DCF analysis, sensitivity testing, and comprehensive market research. Proven track record of identifying off-market and value-add opportunities in competitive Southern California markets.
DEVELOPMENT & PERMITTING
Deep expertise in ADU conversion feasibility, permitting strategy, and navigating local jurisdictional requirements. Strong relationships with city planning departments, architects, and civil engineers streamline approval processes.
DEVELOPMENT & PERMITTING
Deep expertise in ADU conversion feasibility, permitting strategy, and navigating local jurisdictional requirements. Strong relationships with city planning departments, architects, and civil engineers streamline approval processes.
CONSTRUCTION MANAGEMENT
Technical construction background enables effective oversight of general contractors, cost control, and quality assurance. Direct project management experience ensures on-time, on-budget delivery.
CONSTRUCTION MANAGEMENT
Technical construction background enables effective oversight of general contractors, cost control, and quality assurance. Direct project management experience ensures on-time, on-budget delivery.
ASSET MANAGEMENT
Active property operations management including tenant relations, maintenance oversight, rent optimization, and financial performance monitoring. Data-driven approach to maximizing NOI and cash flow.
ASSET MANAGEMENT
Active property operations management including tenant relations, maintenance oversight, rent optimization, and financial performance monitoring. Data-driven approach to maximizing NOI and cash flow.
Partner with
experienced operators
INSTITUTIONAL QUALITY
LOCAL EXPERTISE
ACTIVE MANAGEMENT
Chester Capital delivers attractive risk-adjusted returns through strategic ADU conversions, operational improvements, and active asset management in Southern California's most promising submarkets.
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LEADERSHIP
Luke founded Chester Capital LLC, a real estate investment firm focused on multifamily investment. Chester Capital actively manages the entire deal cycle through acquisition, permitting, design, construction, and lease-up. Luke's background spans construction management and real estate development, enabling Chester Capital to identify and execute complex value-add opportunities that require operational sophistication. His technical expertise and market knowledge allow the firm to underwrite, manage, and deliver projects that maximize investor returns while mitigating execution risk. University of Southern California - Masters of Real Estate Development Curtin University (Australia) - Bachelor of Science, majoring in Construction Management & Economics

Luke founded Chester Capital LLC, a real estate investment firm focused on multifamily investment. Chester Capital actively manages the entire deal cycle through acquisition, permitting, design, construction, and lease-up. Luke's background spans construction management and real estate development, enabling Chester Capital to identify and execute complex value-add opportunities that require operational sophistication. His technical expertise and market knowledge allow the firm to underwrite, manage, and deliver projects that maximize investor returns while mitigating execution risk. University of Southern California - Masters of Real Estate Development Curtin University (Australia) - Bachelor of Science, majoring in Construction Management & Economics

Luke founded Chester Capital LLC, a real estate investment firm focused on multifamily investment. Chester Capital actively manages the entire deal cycle through acquisition, permitting, design, construction, and lease-up. Luke's background spans construction management and real estate development, enabling Chester Capital to identify and execute complex value-add opportunities that require operational sophistication. His technical expertise and market knowledge allow the firm to underwrite, manage, and deliver projects that maximize investor returns while mitigating execution risk. University of Southern California - Masters of Real Estate Development Curtin University (Australia) - Bachelor of Science, majoring in Construction Management & Economics

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