The subject property is a 10 unit building in Hawthorne that has been professionally managed for several years. The building has excellent curb appeal with a Spanish-Style architecture that is amenities with a gated entrance and parking. The owner is out of area and has kept the rents below market, and as a result there is significant upside in rental income. The units are fully occupied and in very good condition and have separately metered gas and electric utilities. The property is located on a very nice quiet street with primarily small apartment buildings and duplexes. It is conveniently close to retail and service oriented businesses and local amenities. Hawthorne has experienced significant rent growth as a result of the rising demand for units due to the expansion of the employment base in Hawthorne and neighboring El Segundo. Hawthorne is a landlord friendly city with no rent control.