5606 S Figueroa Street is a 16 unit apartment separately metered for gas and electricity in the South Los Angeles neighborhood of Los Angeles. Numerous capital improvements have been completed at the building over the years including a newly painted exterior facade, interior common area hallways and multiple interior unit improvements. The opportunity consists of thirteen (13) studio units and three (3) one bedroom units. There is still approximately 30% rental upside that can be achieved as the units turnover.