MARCH 2002              CITY OF LOS ANGELES - INDIVIDUALLY METERED APARTMENT VACANCY SURVEY      RP90.7        PAGE      1
                                       DEPARTMENT OF WATER & POWER - POWER SERVICES DIVISION

GEOGRAPHIC / PLANNING  AREA                    NBR UNITS         NBR IDLE        NBR OWNER-OCC        TOTAL VACANT       PCT VACANT
-SAN FERNANDO VALLEY AREA
    CANOGA-WINNETKA-WOODLAND HLS                20,852               130               733                863                4.1
    CHATSWORTH - PORTER RANCH                   10,450                97               189                286                2.7
    ENCINO - TARZANA                             9,631                65               182                247                2.6
    GRANADA HLS - KNOLLWOOD                      4,015                38                85                123                3.1
    MISSION HLS-PANORAMA-SEPULVEDA              19,472               234               123                357                1.8
    NORTH HOLLYWOOD                             37,631               544               411                955                2.5
    NORTHRIDGE                                   9,020                56               198                254                2.8
    PACOIMA - SUN VALLEY                        10,712               141               110                251                2.3
    RESEDA - WEST VAN NUYS                      16,452               149               214                363                2.2
    SHERMAN OAKS - STUDIO CITY                  23,711               264               776              1,040                4.4
    SUNLAND-TUJUNGA-SHADOW-LKVIEW                6,648                88                61                149                2.2
    SYLMAR                                       4,694                39                19                 58                1.2
    VAN NUYS                                    35,911               642               352                994                2.8
    VERDUGO MTNS                                 2,717                36                26                 62                2.3
         TOTAL SAN FERNANDO VALLEY             211,916             2,523             3,479              6,002                2.8
-WEST LOS ANGELES AREA
    BELAIR - BEVERLY CREST                         548                15                17                 32                5.8
    BRENTWOOD - PACIFIC PALISADES               10,213               108               322                430                4.2
    PALMS-MAR VISTA-MARINA DEL REY              29,868               219               703                922                3.1
    VENICE                                      11,840               454               179                633                5.3
    WESTCHESTER - PLAYA DEL REY                 12,724               360               254                614                4.8
    WESTWOOD                                    14,798               168               582                750                5.1
    WEST LA-CENTURY CTY-RANCHO PK               28,350               320               633                953                3.4
         TOTAL WEST LOS ANGELES                108,341             1,644             2,690              4,334                4.0


           MARCH 2002            CITY OF LOS ANGELES - INDIVIDUALLY METERED APARTMENT VACANCY SURVEY      RP90.7        PAGE      2
                                       DEPARTMENT OF WATER & POWER - POWER SERVICES DIVISION

GEOGRAPHIC / PLANNING  AREA                    NBR UNITS         NBR IDLE        NBR OWNER-OCC        TOTAL VACANT       PCT VACANT
-CENTRAL LOS ANGELES AREA
    BOYLE HEIGHTS                               14,060               363               116                479                3.4
    CENTRAL CITY                                 6,504               189               190                379                5.8
    HOLLYWOOD                                   71,473             1,222             1,553              2,775                3.9
    NORTH & EAST CENTRAL CITY                    4,208                85                41                126                3.0
    NORTHEAST LOS ANGELES                       36,682               866               148              1,014                2.8
    SOUTH CENTRAL LOS ANGELES                   47,434             2,218             1,000              3,218                6.8
    SILVER LAKE - ECHO PARK                     17,508               490                77                567                3.2
    SOUTHEAST LOS ANGELES                       35,424             1,982               116              2,098                5.9
    W ADAMS-LEIMERT-BALDWIN HLS                 39,197             1,301               135              1,436                3.7
    WESTLAKE                                    23,545               747                86                833                3.5
    WILSHIRE                                    90,047             1,593             1,048              2,641                2.9
         TOTAL CENTRAL LOS ANGELES             386,082            11,056             4,510             15,566                4.0
-HARBOR AREA
    SAN PEDRO                                   13,923               232               141                373                2.7
    TORRANCE - GARDENA                           5,861               100                48                148                2.5
    WILMINGTON - HARBOR CITY                    10,022               147                58                205                2.0
         TOTAL HARBOR                           29,806               479               247                726                2.4
-TOTAL CITY OF LOS ANGELES                     736,145            15,702            10,926             26,628                3.6