Los Angeles 2 Units Residential Income Property $429,000

Type:	Multifamily Duplex/Triplex/Fourplex
No. Units:	2
Building Size:	1,851 SF
Lot Size:	5,183 SF
Occupancy:	100.00%
Price:	$429,000
Price/Unit:	$214,500
Cap Rate:	5.67%
Year Built:	1954

Property Description:
Charming Two On a Lot. Front house 2 bedrooms 1 bath, back house 1 bedroom 1 bath. Front house can be delivered vacant at close of escrow. Perfect to live in and rent out back for solid rental income. Quiet tree-lined neighborhood just north of Downtown. Short Sale. This property is non-rent controlled.

•

Unit 1 = 2 bd/2ba, Rents for $1800

•

Unit 2 = 1 bd/1ba, Rents for $1100

Scheduled Gross Income:	$34,800
Operating Expenses:	$10,440
Net Operating Income:	$24,360

No Unit Mix Information Provided

No Debt & Equity Information Provided

Los Angeles 40 Units Apartment For Sale $2,400,000

Type:	Multifamily Mid/High-Rise
No. Units:	40
Building Size:	22,340 SF
Lot Size:	7,492 SF
Occupancy:	100.00%
Price:	$2,400,000
Price/Unit:	$60,000
GRM:	9.70
Cap Rate:	8.00%
Year Built:	1927

Property Description:
Reduced for a quick sale.
Property remains in reap. Seller is taking all reasonable offers. The building is 100% occupied and in very good condition. The repair cost forces owner to sell at a reduced price.

No. Stories:4

Financial Summary

Actual

Year:	2008
Scheduled Gross Income:	$269,796
Effective Gross Income:	$264,400
Operating Expenses:	$105,053
Net Operating Income:	$159,347
Pre-Tax Cash Flow:	$39,887

Unit Mix Information

one bedroom

No. Units: 9 Avg. Mo. Rent: $769

singles

No. Units: 31 Avg. Mo. Rent: $486

Debt & Equity Information

Debt Type:	Existing
Loan Amount:	$1,560,000
Interest Rate:	5.75%
Amortized Over:	30
Due In:	2
Annual Debt Service:	$119,461
Down Payment:	$1,040,000
Loan Description:
united california bank fixed for 3 yrs as of 2006 30 yr's amort

Los Angeles 8 Units Spanish Style Apartment For Sale $849,000

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!

Financial Summary

Actual

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

Los Angeles 17 Units Apartment For Sale $1,175,000

Type:	Multifamily Garden/Low-Rise
No. Units:	17
Building Size:	5,491 SF
Lot Size:	6,838 SF
Occupancy:	100.00%
Price:	$1,175,000
Price/Unit:	$69,118
GRM:	7.70
Cap Rate:	8.04%

Property Description:
2 STORY BUILDING WITH PITCHED ROOF AND GATED PARKING. NEW EXTERIOR PAINT. COMPLETELY REMODELED UNITS. AIR CONDITIONERS, NEW CARPETS,MINI BLINDS. NEW KITCHEN UNITS AND CABINETS. UPDATED PLUMBING AND NEW ELECTRICAL SYSTEM.

Unit Mix Information

SINGLES @ $650-795

No. Units: 8

JUNIOR 1/1 @ $695-795

No. Units: 4

1/1 @ $750-795

No. Units: 3

1/2 @ $795

No. Units: 2

Financial Summary

Actual

Year: 2008 Scheduled Gross Income: $152,520 Effective Gross Income: $147,944 Operating Expenses: $53,450 Net Operating Income: $94,494 Pre-Tax Cash Flow: $29,382

Debt & Equity Information

Debt Type:	Proposed
Loan Amount:	$881,250
Interest Rate:	6.25%
Amortized Over:	30
Due In:	10
Annual Debt Service:	$65,112
Down Payment:	$293,750
Loan Description:
6.25% FIXED INTEREST FOR 5 YEARS, THEN ADJUSTABLE FOR 5 YEARS.

El Monte 3 Units Residential Income Property $445,000

Units:

3

Bldngs:

1

Yr Built: 1952

Lot SqFt:

7,522

Description: OPPORTUNITY AWAITS FOR THIS INVESTMENT PROPERTY. 3-UNITS: FRONT HOUSE WITH 2BED 1BATH AND 1 CAR ATTACHED GARAGE, RENT $1,200. BACK HAS 2-UNITS, EACH 1BD, 1BTH WITH 1 CARPORT EACH INCLUDING SIDE YARD, RENT $800 ALL UNITS HAVE INDIVIDUAL WASHER HOOK UPS. WELL KEPT AND MAINTAINED PROPERTY. CLOSE TO EVERYTHING FEW MILES AWAY FROM THE HEART OF EL MONTE, 10 FWY AND 605 FWYS. ALL THIS AND GREAT TENANTS TO BOOT. PLEASE REFER TO SHOWING INSTRUCTIONS, DO NOT DISTURB THE TENANTS. HURRY, DO NOT LET THIS OPPORTUNITY PASS YOU BY!! SERIOUS BUYERS ONLY PLEASE. Approved Short Sale.

Gross Sched Income: $33,600
Net Oper Income: $21,024
Operating Expense$/%: $12,576

Sprte Elctrc Mtrs: 3
Gas Meters: 3
Water Meters: 1

Arcadia 2 Units Residential Income Property $708,000

Units:

2

Bldngs:

2

Yr Built: 1948
SqFt: 1,818
Lot SqFt: 6,756

Description: New Price ! New Attitude !Excellent investment or end user property. 2 units in North arcadia. Rent $1,400 & $1,500. Very good clean condition. each with 2 spacious bedrooms and one bath. all tenants are on month to month lease and the rent is lower than current market rate. potential to increase. close to shops, schools, & transportation. Seller motivates! property to be sold in as is condition.

Gross Sched Income: $34,800
Net Oper Income: $33,700
Operating Expense$/%: $1,140

Sprte Elctrc Mtrs: 2
Gas Meters: 2
Water Meters: 1

Azusa 2 Units Residential Income Property $280,000

Units:

2

Bldngs:

2

Yr Built: 1922
SqFt: 1,355
Lot SqFt: 7,497

Description: Pearl of Little Price - Great Opportunity. 2 Turnkey Detached Units with a Detached Single Car Garage. Front unit is rented for $1300. Back unit may not be a legal rental. Buyer to check with city. Both units in good condition with laminated floors, updated kitchen with granite counters, dining off the kitchen. Has a single garage. Front yard is fenced. Bright & Airy. 2007 Newly Remodeled. Close to Everything - Shopping, Transportation, City Hall, Senior Center. Buyer to investigate and satisfy themselves regarding city requirements and zoning. Propety Sold As Is with no guarantees or warranties. Buyer to do all inspections and repairs. All information deemed reliable but not guaranteed, buyer to verify and satisfy themselves with the city. Property is being sold "As Is".