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3493 W 119th St, Cleveland, photo 1
3493 W 119th St, Cleveland, photo 2
3493 W 119th St, Cleveland, photo 3
3493 W 119th St, Cleveland, photo 4
3493 W 119th St, Cleveland, photo 5

3493 W 119th St

3493 W 119th St

Cleveland, OH 44111

Single FamilyNo Mortgage
Share price$39.83
Avg yield—
Current yield0%
CommunityDiscuss this property with investors and the property manager

About

Single-family home located in Cleveland, Ohio. Renovated craftsman-style home featuring a brand new kitchen, furnace, and water heater, along with a large front porch and convenient access to the I-90 and I-71 freeways. The property is currently occupied on a month-to-month lease. The tenant was previously on a 1-year lease from 10/01/2024 to 09/30/2025 at $1,195/month, with a $1,195 security deposit.

Live Property Financials: 3493 W 119th St, Cleveland, OH 44111

Property Management Agreement: 3493 W 119th St, Cleveland, OH 44111

S&P Lending Protocol: Live Worksheet

Property Management

S&P Property Management, LLC

Founded in October 2025, S&P Property Management, LLC is a member-managed PM business run by discord users "LaPlebDeLaPleb" & "The Scout". LaPlebDeLaPleb and The Scout bring a combined 13 years of experience investing in capital markets and 6 years of active engagement within the Lofty ecosystem. Their complementary expertise spans professional lending, financial consulting, the design and delivery of online courses and workshops, hospitality operations, and logistics management.

About this offering

Total Property Value$108,963
Equity
$99,100
Debt
None
Closing Costs$1,263
LLC Formation$600
Operating Reserve
$4,011.77

The Market

Cleveland, Ohio

Cleveland offers some of the most affordable housing of any major U.S. metro, backed by world-class healthcare employers like Cleveland Clinic and University Hospitals, plus Case Western Reserve University. West Side neighborhoods offer easy access to downtown, Lake Erie beaches, and the Metroparks. Playhouse Square, three pro sports teams, and the RTA rapid transit line add to the appeal, while a large renter population supports steady demand.

Property Updates

UpdateAug 11, 2026
  • Governance Results for 3493 W 119th St:

  • The Governance Voting results are back for the owner proposed vote.

  • The winning vote is:

  • Yes [Vote to create a buyback program to opportunistically acquire and burn tokens in the property when the price trades below $40/token to increase value to token holders and to increase cash yield and NAV over time.]

  • This voting option received 850 / 861 votes, which is equal to 99% of the total votes.

  • The voting results can be found on chain here or by searching the application ID: 3671332296

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Share price

$39.83