The subject property consists of two buildings on two separate lots that are two-story apartment buildings and serviced by multiple stairwells. The property was built in 1960/61, constructed of wood frame and stucco and are situated on two lots totaling 22,328 square feet. The property contains 22 one-bedroom with one-bathroom and 6 two-bedroom with one-bath. The property has two laundry rooms (one in use) on-site and has 34 parking spaces one for each 1-bedroom unit and two for each 2-bedroom unit, which is rare in this area and huge advantage for the buildings. The property is individually metered for electricity and gas. Close to Korea town, downtown L.A., short distance from 101 fwy. The immediate area surrounding the building is experiencing revitalization due to the potential growth surrounding the L.A. Live, downtown and Echo Park area.Separate Meters for gas and electricity, Historically the buildings are always full, with rental upside & Strong tenant base, 95% copper plumbing ( per owner), newer water heaters and Hot water solar system in place, new outside paint and redone walkways & decks. Same owner since 1985