Description
1990 construction, absolute Cash Cow property in Los Angeles. This (4) Unit asset has a very strong mix with all units being 3-bedroom/1-bath. On current rents, the property is operating at a 6.27% Cap Rate and 11.27 GRM. Three units have been renovated by current owner, and one of the units will be delivered vacant at the close of escrow. There is tons of parking in the rear of the property with (8) spaces available. Fantastic opportunity to own a 90's construction building with the potential for well ov 1990 construction, absolute Cash Cow property in Los Angeles. This (4) Unit asset has a very strong mix with all units being 3-bedroom/1-bath. On current rents, the property is operating at a 6.27% Cap Rate and 11.27 GRM. Three units have been renovated by current owner, and one of the units will be delivered vacant at the close of escrow. There is tons of parking in the rear of the property with (8) spaces available. Fantastic opportunity to own a 90's construction building with the potential for well over 8% cash on cash return.
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12BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
1990 construction, absolute Cash Cow property in Los Angeles. This (4) Unit asset has a very strong mix with all units being 3-bedroom/1-bath. On current rents, the property is operating at a 6.27% Cap Rate and 11.27 GRM. Three units have been renovated by current owner, and one of the units will be delivered vacant at the close of escrow. There is tons of parking in the rear of the property with (8) spaces available. Fantastic opportunity to own a 90's construction building with the potential for well ov 1990 construction, absolute Cash Cow property in Los Angeles. This (4) Unit asset has a very strong mix with all units being 3-bedroom/1-bath. On current rents, the property is operating at a 6.27% Cap Rate and 11.27 GRM. Three units have been renovated by current owner, and one of the units will be delivered vacant at the close of escrow. There is tons of parking in the rear of the property with (8) spaces available. Fantastic opportunity to own a 90's construction building with the potential for well over 8% cash on cash return.