This commercial appraisal refers to a multi-family dwelling of wood frame construction, totaling 24 units with a mix of 3-studio, 13-one bedroom and 8-two bedroom units. The improvements consist of one project with 20,399 square feet of gross building area, situated on approximately 10,500 square feet of land area. The existing improvements were constructed in 1963 and reflect average condition. Upon completion of the proposed renovation, the proposed improvements are assumed to be in assumed excellent condition. On-site parking is provided by the concrete paved subterranean garage area consisting of 24 marked spaces.