30-Unit Apartment Appraisal in Los Angeles

We recently just appraised a 30-unit apartment complex located in Los Angeles. The apartment complex was constructed in 1968 and is 100% occupied. The property totals 20,820 square feet and is situated on a 0.24-acre site. The average unit size is 694 square feet. This commercial real estate appraisal was conducted for a national financial institution.