LA Mid-City 90016 cash cow

[Andrew Robbins]

Money-making triplex in one of the hottest zip codes in Los Angeles.  Property is north of the 10 Fwy.  Property will be delivered vacant.  According to Rentometer, the average rent for a 3bd unit in the area is a little over $3,000.  

The actual rents for the 1bd/1ba units directly across the street are $1,700 each, so total rent for this 8bd/3ba property could easily be north of $8,000.

[Mickey Bale]

Andrew - how distressed is the structure of the building? When was the last rehab of the property?

Mickey