This 10-unit, NON rent-controlled apartment community is located in the highly desirable area of the City of South Pasadena, California. This offering presents a rare opportunity for an investor to acquire a very well located apartment community in one of the most sought after sub-market in the West San Gabriel Valley. This offering provides an exceptional opportunity for investors to perform a value add operation by upgrading the units and bringing the rental income to market (±38% rental upside potential). The property is a two story mid-century garden style apartment that was built in 1955. It has been very well maintained with many major capital improvements completed within the past three years. Some of the recent improvements are double pane windows throughout, completely redone landscaping, new electrical subpanel in each unit, new windows A/C for 8 units, some of the units have been upgraded. It offers a desirable unit mix of all 2bed+1bath units. All units are large and spacious units with hardwood floor, central heating, windows A/C, and individual water heater. Some units have been upgraded with granite kitchen countertops and new kitchen cabinetry. Four units have private patio. The property has a shared laundry room, separately metered for electricity and gas. Parking is provided by tuck-under parking on ground level. On-street parking is available through the City of South Pasadena’s annual parking permit.