Apartment Appraisal in Wilmington

We recently just appraised a 10-unit apartment complex in Wilmington, Los Angeles County, California. The apartment complex was constructed in 1964 and is situated on a 0.20-acre site. The average unit size is 787 square feet. Amenities are limited to a laundry room. Quality and condition are rated as average for the immediate area. The property is currently 60% occupied and has a parking ratio of 1.0 space per unit. This commercial appraisal was conducted for a national financial institution.