Rents just increased! 5.42% cap in place. Newer vintage (1986) when compared to the majority of the submarket meaning far less capital expenditure needed vs. comparable properties 11/18 units renovated already with room to push rents Below market rents (~12.3%) across the board 6.85% cap + mark to market No new construction in the immediate submarket Average per unit sale in past 12 months in 92104 zip code is $411,000/unit vs. asking price of $283,000 is a ~30% discount to comparable sales Encouraging all offers.