This rare offering consists of 16 turnkey 1-bedroom, 1-bathroom units split across two adjacent 8-unit parcels, eliminating the need for an on-site manager. The property features in-unit washer/dryer hookups, on-site laundry facilities, and has undergone extensive capital improvements in 2025, ensuring low-maintenance operations. Situated on a large 16,835 SF combined lot with ample parking and outdoor space, the property benefits from a prime location near Great Oaks Lodge, Disneyland, and major Orange County employers. With no local rent control—subject only to California AB 1482—it offers investors both rental upside and operational efficiency in a strong rental market. Offering a current cap rate of 5.44%, a Year 1 cap of 5.66%, and a pro forma cap of 6.08%, this asset is well-suited for a 1031 exchange, long-term hold, or passive income strategy.