Rare opportunity to own 12 units in the heart of the Village in La Jolla. Impeccably maintained by long term ownership with professional management. Little to no deferred maintenance! Rents approximately 20% below market. Stabilized Cap Rate greater than 5.15%. Plenty of off street gated parking as well as surface spots. Available Storage lockers. Units included in unit laundry, fireplaces, balconies, walk in closets. Nearby 2BR units renting for over $5,000. Immediate upside by collecting on RUBS, parking, storage. Walking distance to all that Downtown La Jolla offers. 98/100 Walk score! This is sure to be an extremely stable investment as La Jolla is consistently one of the most desirable rental markets for young professionals.