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A 16 unit apartment complex located in the non-rent controlled City of Glendale, California. The offering provides an investor a tremendous opportunity to acquire a very well- maintained asset with approximately 25% in immediate rental upside, achievable through building/individual unit upgrades and structured rental increases. The property is being offered free and clear of any debt encumbrances. Each unit has their own washer-dryer hook-ups and water heaters. 4 units come with balcony decks and 8 come with large private patios. Some of the units have been recently upgraded with new appliances, carpeting, laminated wood flooring and kitchen/bathroom cabinet re-facing. There are 28 gated subterranean parking spaces. Landlord is responsible for cold water, sewage and trash. Tenant is responsible for hot water, gas and electricity.