Amazing prime investment in this OPPORTUNITY ZONE. This 8-unit apartment complex has excellent unit mixes of (2) 3 bedrooms/1 bathroom, (5) 2 bedrooms/1 bathroom, and (1) 1 bedroom/1 bathroom. Units have been tastefully remodeled to go along with a brand NEW roof install last year in one of the buildings.… Read More A 2 bedroom unit will be delivered VACANT & remodeled. There is an onsite community laundry room. The rear has a 4 car garage with access to alley exit that can be converted to ADU's. All tenants are on month-to-month leases and consistently meet their obligations. Huge Rental Upside with 11.46 GRM AND 5.9% CAP. Don't miss out on this smart investment in a sought-after location. Read Less
Property listed by Compass, Branden Chhuor 213-536-9669
Built in 1944, Building area total: 6,523, Levels: Two, 2 stories, 2 buildings, Architectural style: Traditional, Common walls: NoCommonWalls, Construction materials: Drywall
Community
Sidewalks
Cooling
None
Doors
PanelDoors
Accessibility Features
Accessibility features: None
Expenses
Electric expense: $1,100, Fuel expense: $5,000, Gardener expense: $1,200, Insurance expense: $14,000, Licenses expense: $370, New taxes expense: $25,700, Operating expense: $63,180, Trash expense: $250, Water sewer expense: $5,000, Other expense: $5,000
Fence
Block
Fireplaces
None
Floors
Laminate, Vinyl
Garage
4 spaces
Heating
Central
Income
Gross income: $192,000, Net operating income: $123,120
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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