Las Palmas, constructed in 1986, is an 18 unit apartment complex consisting of eleven 2 bed/1 bath units, six 1 bed/1 bath units, and one studio. The 3 story structure consists of 11,422 rentable square feet situated on a 7,000 square foot lot. The property features an elevator, security entrance, tuck under parking, 6 tandem parking spaces in the front, 6 parking spaces in the rear and 2 laundry rooms. Las Palmas is located in the residential booming sub-market area of North Park. Many units have been renovated and there is additional upside in the rents. North Park is a neighborhood in Central San Diego, California, on either side of El Cajon Boulevard and near the 805 Freeway. The area is filled with a number of restaurants, coffee shops, boutiques, and artist's studios near Adams Avenue and University Avenue. Live entertainment can be found most nights. Adjacent to Hillcrest and Normal Heights, additional restaurants, bars, coffee shops, and night clubs are within easy reach.