This neighborhood, Oliver,  I believe to be a good long term bet. i have sold a number of properties along Bond, Caroline and Broadway streets. to people for rehab.

Buying the single family home in a nice area is probably a safer bet. 

@Chris Mason would be your best bet in LA. 

I bet you their cable, cell phones etc are on, electric is on, everyone getting paid but you. 

And the large complexes can actually be easier to manage because their size can often justify a dedicated maintenance person.    

You should look for current closed sales of condos in the neighborhood that are similar in size and age of the building, if it’s in the same building that’s the best.

Once split, confirm that the zoning is remains R2 (some cities have minimum lot sizes). 

Yes, I agree with the SF comment, for me they are asking way far from what what is really worth perhaps betting on the potential of the lot (huge patio around the house) that easily accomodate an extra room extension for example.

This includes property type ( residential vs commercial), size ( range of units), location, age, price range (if applicable.) 

When shopping rates it is always your best bet to go with a solid broker