This investment is a 12 unit apartment building, built in 1987, with a favorable unit mix of (1) 3 bedroom / 2 bath, (10) 2 bedroom / 2 bath, and (1) 1 bedroom / 1 bath* unit. This building is NOT SUBJECT TO RENT CONTROL and has been well managed and maintained. The roof is all new (February 2006) with a 10 year warranty. The water heater is new as well. Amenities include 17 secure, subteranean parking spaces, central heating and air conditioning in all units (except 1+1), and 2 laundry rooms. Located in Historic Filipinotown, between Beverly and 3rd, this property offers easy accessto Hollywood, Los Feliz, Koreatown, Silverlake and Downtown Los Angeles.