$995,000
Not Disclosed, Los Angeles, CA 90031
Current Rent **
$6,250
Projected Rent **
N/A
Unit 1 Details
- Current Rent: $1,850
- Bedroom: 2 bd
- Bathroom: 1 ba
- Square Footage: 720 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
Unit 2 Details
- Current Rent: $1,850
- Bedroom: 2 bd
- Bathroom: 1 ba
- Square Footage: 720 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
Unit 3 Details
- Current Rent: $1,850
- Bedroom: 2 bd
- Bathroom: 1 ba
- Square Footage: 720 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
Unit 4 Details
- Current Rent: $700
- Bedroom: 2 bd
- Bathroom: 1 ba
- Square Footage: 720 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: Yes
Off Mkt 4-Plex - LA, CA - Montecito Heights Area
All 2/1 units w/ 1 car garage
Current Rents $6500 / mo
Includes 1 23yr tenant @ $700. Bring to Mkt Rent w/Cash4Keys
Market Rents $2100/mo
Current NOI $57,423 (not including debt)
Projected NOI $76,176 (not including debt)
Lot 9990sf
Bldg. 2976sf
Zoning LAR1
Ask is $995K
Buyers Only, No Agents Representing Buyers.
No NDA as address will not be disclosed at this time
Seller wants offers submitted prior to showing and verification of rents. You can include a longer EMD window with your offer to allow for seeing the property and verification of rents.
If purchasing with an LLC, I will need POF, Articles of Incorporation, Statement of Information, and Certificate of Good Standing to submit your offer.
This is a great opportunity to get into cash-flow in LA. It's an attractive property in a great location. Email me for financials [email protected].
Thanks for the Win-Win-Win!
Nina
Location:
Not Disclosed, Los Angeles, CA 90031
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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