10 unit apartment building in Harbor City plus an additional parcel of 4670 sq ft (parcel# 7413001030) which is a strip of land good for additional parking and possibly could be used for additional units. The stated lot size in the listing is the sum of both parcels. The property has full solar owned free and clear. There is onsite laundry and a vending machine which can produce income and there are 6 carports and approx 10 additional parking spaces. This property is just minutes from the 110 freeway and close to the LA Harbor. In July 2022 the property passed the LA City Systematic Code enforcement program (SCEP) inspection. Prior to this inspection in 2022: New hard wired smoke detectors were installed in 11 bedrooms and laundry room, new hard wired CO detectors and smoke detectors in all 10 living rooms. 3 new skylights were installed in the 3 stairwells. New carpet in the 3 stairwells to upper units. 3 new solid core doors were installed and painted. Unit 6 received new hardwood flooring and a new toilet. 5 new tub/shower mechanisms were installed. 4 new garbage disposals installed and 1 repaired. 5 vanity drawers were rebuilt. Some interior painting was completed. New asphalt driveway with slurry sealant was done in Feb 2023.Come February 1st it appears that all rents across the board can be increased 7% per LA CITY housing department. Stated rents in the analysis are based on Feb 1 2024 effective rent increases if those remain authorized by the city. Buyer to please verify this information.