5% Cap Current Rents with this multifamily investment opportunity with significant UPSIDE! With a large lot of about 38,240 square feet there is great potential for ADU possibilities. With mostly ideal single story floor plans offering a unit mix of One 3Bed+2bath, Three 2Bed+2bath and 16 spacious 1Bed+1bath units. Each unit is equipped with wall mounted air conditioning and heating, a mix of tile and carpet flooring, and expansive kitchens with gas oven/stove combinations. The property is well maintained, showcasing an open grass courtyard, mature landscaping, an on site laundry facility, and ample off street parking, including carport options. This bread and butter apartment property is a money maker and secure long term investment play and excellent 1031 exchange opportunity.