• Acquisition Price:  $380,000
• Disposition Value:  $750,000
• Holding Term (months):  24

Purchased for $380,000 on 12/28/01 with a $10,000 credit for repairs. Property consists of six one-bedroom bungalow units located in Uptown Whittier. Made renovations of $30,000, raising rents from $550 per unit to $850 per unit in three months. The property sold for $750,000 in December 2003.