Built in 1950/1963, the subject property is located at the corner of Roscoe Boulevard and Burnet Avenue in Panorama City, California. This 18 unit garden style apartment complex is gated in the front with an open court yard, swimming pool and laundry facilities inside. The exterior has brand new paint. The building has open parking on the west side of the building and gated parking in the back of the property which is accessible through the rear alley. The interior of the units have been well maintained with several units being updated with granite kitchen counters, newer appliances, tile and carpet flooring. The property is walking distance to many restaurants, shops, bus lines and major thoroughfares. Its close proximity to the 405 freeway makes easy access to the Westside as well. This asset offers the investor an opportunity increase the yearly income as the rents are below market in addition offering future development potential based on the R3-1 zoning of the property.