Excellent Value Add Opportunity with with over 40% upside in rental income - Market GRM is 8.1 and Cap Rate is 9.1% - Located blocks away from LA Waterfront - Walking distance to Barton Hill Elementary School - Desirable Unit Mix of all 1 Bedroom units - All units are due for annual 4% rent increase - Each unit comes equipped with laundry hook-ups for tenants' convenience - Tenants pay are responsible for all except DWP utilities; Low operating costs for Landlord