• Acquisition Price:  $727,500
• Disposition Value:  $895,000
• Holding Term (months):  7

Six-unit apartment building located in a prime rental district in Burbank near the studios. The property was bought for $727,500 in October 2003. The property was extensively renovated including new paint, plumbing and electrical. In May 2004, the property was sold for $895,000.