| Type: | Multifamily
Garden/Low-Rise |
| No. Units: | 8 |
| Building Size: | 7,960 SF |
| Lot Size: | 7,536 SF |
| Occupancy: | 100.00% |
| Price: | $849,000 |
| Price/Unit: | $106,125 |
| GRM: | 11.44 |
| Cap Rate: | 7.00% |
| Year Built: | 1930 |
Property Description:
Just On Market! Great Spanish Style Leimert Park Gem!
An Extremely Desirable, Two Story, Beautiful Corner Lot Eight Unit Complex!
This Spacious 7,960 sq. ft. Property has a Wonderful Rustic Feel with a Charming Landscape and Balconies on the Second Story!
Property is located on a Wide Tree Lined Street, with Very Clean and Well Maintained Neighboring Properties.
Did I mention the High Occupancy and Low Vacancy with Great Cashflow? This property is priced to Sell! So Hurry and make this rare opportunity your first choice!
| Year: | 2008 | | Scheduled Gross Income: | $74,160 | | Effective Gross Income: | $74,160 | | Operating Expenses: | $15,285 | | Net Operating Income: | $58,875 | |
Debt & Equity Information
| Debt Type: | Proposed |
| Loan Amount: | $552,500 |
| Interest Rate: | 6.50% |
| Amortized Over: | 30 |
| Due In: | 10 |
| Down Payment: | $296,500 |
| |
| Loan Description: |
| 65% LTV |
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