Property · 2 recorded sales since 2018
Listing Agent: Nicholas Petrosian (DRE #01462598) · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Charles Chung · Integrity Realty Svcs Inv Grp · MLS #20599320 · Source: CRMLS
Presenting 4 single level apartment units with excellent in place rents, including many recent capital improvements. Additionally, there is a RUBS program implemented which allows for the owner to offset utility expenses and maximize the income. At a 5.9% cap rate and 10.8 GIM on current income, this makes for an excellent buy.
Listing description from the August 2020 sale, as reported to CRMLS.