Property · 2 recorded sales since 2015
Listing Agent: Michael Dostalek (DRE #01343641) · Listing Office: A1 West Commercial Real Estate · Contact: (626) 768-0788 · Bought with: Jolanta Jonutyte · Century 21 Hollywood · MLS #P0-315002158 · Source: CRMLS
Low Rents, Tremendous Upside Potential for this property. Unit mix of (1) 2BD-2BA and (9) 1BD-1BA Units. 100% Occupancy with very low tenant turnover in the building. First time on the market in 17 Years. New Roof Installed in 2006, New 100 gallon water heater installed for the building in 2011. On-Site laundry room operated by owner for additional income of $125/month. 10 parking spaces in the rear with 5 being covered. Actual rents $92,232 annually with one unit being leased to the on-site manager. Proforma $100,032 rents annually with all units fully leased.
Listing description from the May 2015 sale, as reported to CRMLS.