Rare opportunity to own a carefully maintained and updated 12-unit mutifamily property in a predominantly residential area of Orange County. Consisting of (8) one bedroom/one bath and (4) two bedroom/one bath units in two buildings. The property features a courtyard, laundry facility and 12 parking spaces. Eight units have been extensively remodeled with complete new bathrooms and new granite countertop kitchens, two units have new bathrooms. Recent exterior upgrades include a new roof in 2010, exterior paint in 2012 and landscaping in 2014. Units are individually metered for gas and electric. Owner pays for hot water. The property has easy access to the 22, 405, 91 and 5 freeways. It is walking distance to public transportation and convenient to shopping, dining and employment throughout Orange County. It is two miles from the Cypress Corporate Center and five miles from the Disneyland Resort. The asset is 100% occupied. Below market rents offer significant upside potential.