First time on market in a several decades...Bread-and-butter deal for a 1st-time Investor or a local owner wanting to add to his portfolio. Seven 2 Bed/1 Bath units and four 1 Bed/1 Bath units. Carports in the front and rear. A value-add opportunity from day one - one unit will… Read More be delivered vacant, and the manager's unit (currently free rent) has no lease or written management agreement, in place, affording a new Buyer some immediate flexibility and upside. 2 units could, potentially, be at market soon after COE. Scheduled rents of $16K/month. Proforma rents of $22K+/month.6.4% cap scheduled. 9.4% cap proforma. Between Manchester and Florence, Hoover and the 110. Read Less
Property listed by CBRE, Inc., Brice Head 310-363-4900
Listing Snapshot
Days Online
164
Last Updated
Property Type
Other
Beds
18
Square Ft.
7,795
Lot Size
0.21 Acres
Year Built
1960
MLS Number
24403972
30 Days Snapshot Of 90044
$632k
-8%
(avg) sold price
11
0%
homes sold
140
+40%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1960, Building area total: 7,795, Levels: Two, Living area: 7795, 2 stories, 1 building
Heating
WallFurnace
Income
Gross income: $199,428, Net operating income: $193,445
Interior Features
CeilingFans
Lot
0.2137 acres, 9,309 square feet, Size: 9,309
Parking
6 totals parking, AttachedCarport
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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