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LISTED BY ANGEL AND PATTY
- property Status: Cancelled
- Location: Los Angeles CA 90062
- Price: $950,000
- MLS ID: 21714938
- BEDROOMS:
- BATHS:
More Information
Turn key cash flow. Current rents are 100% subsidized. 22% upside in rents makes this an incredible value add property. 7.5 CAP to start! Never worry about missing a rent payment. Units have been remodeled and have great tenants in place. There are 5 units spread over 3 buildings. The back house is currently a 2 bedroom and the other 4 units are One bedrooms. Courtyard style building with classic LA style bungalows. Rent roll is accurate. Receivership sale. Their loss is your gain. Don't miss the opportunity to achieve cash flow from day 1. One unit currently vacant and it has been remodeled.
Courtesy of Clement Partners Real Estate / William Creed
To Whom It May Concern, California Regional Multiple Listing Service (“CRMLS”) has made changes to the disclaimer which is required on all IDX and VOW displays. If you receive a data feed from CRMLS to create IDX and VOW displays, please ensure that your displays are updated to include the following disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 9/1/2014. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.