The subject property, located at 418-424 W. Center St., is a 6 unit apartment building consisting of two 3 unit buildings, each on its own parcel. Built in 1979 of frame and stucco construction the property boasts a superior unit mix with each building consisting of 2 two bedroom one bath units and 1 three bedroom two bath unit with each unit having its own private one car garage. Residents enjoy the proximity of the property to transportation, shopping, and restaurants in downtown Placentia. An additional feature of the offering is the ability for an investor to lock in 30 year fixed rate debt due to each parcel being classified as residential, thereby avoiding any interest rate fluctuation and its resulting impact on cash flow.