NOI is $292,124 based on current expenses. The current owner occupies one unit approximately one week per month without paying rent; new rent is negotiable with offer. For an updated offering memorandum, email socalapartments@kwcommercial.com. This trophy property sits atop Twin Peaks, a highly sought-after location known for exceptional views and strong rental demand—even during challenging markets. The building is in excellent condition, featuring six unit remodels completed in 2020–2021 and three more in 2023–2024, driving substantial income growth. Additional value-add opportunities include upgrades for four of the twelve units, capturing untapped other-income potential, and exploring the development of two possible accessory dwelling units (ADUs), as successfully done by a neighboring property. Recent improvements include a completed soft-story retrofit and roof work, with pass-throughs already in place. A senior owner is open to leasing back one unit on a long-term basis at a negotiable rent. The property carries a small loan, and the seller may consider offering limited seller financing in conjunction with an occupancy arrangement. See aerial video with unit interior: https://virtualtourcafe.com/3980548