Los Angeles, California SPANISH STYLE GARDEN APARTMENTS EACH WITH PRIVATE ENTRANCE. CLEAN, WELL MAINTAINED BUILDING 90% LEASED. ONE UNIT VACANT; REMODELING IN...
Apartment Building - 10 UNIT BUILDING
Status: Price: Bldg. Size: Units: Cap Rate: Primary Type: Sub-Type:
Active $775,000 4,315 SF 10 8.10% Multifamily Garden/Low-Rise
Highlights
COURTYARD BUILDING-INDIVIDUAL BUNGALOWS
WELL MAINTAINED-4 UNITS UPGRADED
GARDEN STYLE
SPANISH STYLE WITH TILE ROOF
NO SECTION 8 TENANTS
HAPPY TENANTS!
Description
SPANISH STYLE GARDEN APARTMENTS EACH WITH PRIVATE ENTRANCE. CLEAN, WELL MAINTAINED BUILDING 90% LEASED. ONE UNIT VACANT; REMODELING IN PROGRESS-6 UNITS COMPLETED WITH WORK ONGOING. GREAT RETURN PLUS UPSIDE. (7) UNITS LEASED AT $650.00 (3) UNITS LEASED AT $850.00 **THIS IS NOT A DISTRESS SALE. OWNER IS RETIRING. THESE NUMBERS REFLECT THE CURRENT OWNERS INFORMATION AND PROFORMA REFLECTING TAX ON NEW PURCHASE PRICE AND FULL OCCUPANCY. PLEASE PRESENT ALL OFFERS. **commission to buyer's agent paid by buyer.
101 TO GLENDALE EXIT TURN RT ONTO TEMPLE; NEXT LEFT ONTO BURLINGTON. NORTH OF BEVERLY BLVD/ WEST OF GLENDALE BLVD/ EAST OF ALVARADO; ECHO PARK.
