Apartment Appraisal in Norwalk

We recently just completed an apartment appraisal located in Norwalk, Los Angeles County, California. The apartment complex was constructed in 1963 and contains 28 units. All of the units are 2 BD/1 BA with an average unit size of 696 square feet. The property is 100% occupied. The property has deferred maintenance at a reported cost to cure at $150,000. This commercial appraisal was conducted for a national financial institution.