- 2005 Construction just outside of downtown Long Beach - Three large 3 Bed/1 Bath units, and one 1 Bed/1 Bath unit - Strong in-place income for GRM of 13.3X and cap rate of 4.2% - 15% upside in rents - Onsite laundry in select units - Large 2-car garage for each unit with extra driveway parking - Each unit separately metered for gas and electricity - Potential for ADU conversion of garages - Opportunity to offset expenses through RUBS