The subject property is a 10-unit multifamily property located in the desirable and trendy community of West Hollywood, CA. Constructed in 1961, the two-story building rests atop semi-subterranean parking for 10 vehicles. Current rents are well below those of similar properties in the neighborhood, resulting in an opportunity for a new investor to eventually recapture approximately 62% in rent upside. This income is supplemented by the on-site laundry facilities and leased storage area. Much of the plumbing has been upgraded to copper piping, and the water heater was replaced recently.Select units feature new wood flooring, new kitchen countertops, new cabinets, upgraded bathrooms, private balconies, and ceiling fans.