2 commercial spaces in the front ( mini mart, and hair salon) and 3 residential 1 bedroom 1 bath in the back. all paying rent, all rents are current . one of the residential units has been fully remodeled. everyone is on separate gas and electric meters and tenants… Read More pay for trash, landlord only pays for water. total rent coming in is $8366, putting the property at a 9.14% CAP RATE, with room still for upside for rent to be over ten thousand a month pro forma. Wonderful property with wonderful paying tenants. Property is more than 50% residential so does not have to be a commercial loan. Read Less
Property listed by Shans International Realty Brokerage, Tanya Barkhordar 818-324-2432
Listing Snapshot
Days Online
0
Last Updated
Property Type
Mixed Use
Lot Size
0.11 Acres
Year Built
1920
MLS Number
SR24240151
30 Days Snapshot Of 90011
$584k
-10%
(avg) sold price
6
-14%
homes sold
101
+6%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1920, Building area total: 2,282, Levels: One, 1 story, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Sidewalks
Expenses
Insurance expense: $2,000, Operating expense: $3,600, Water sewer expense: $3,600
Income
Gross income: $100,392, Net operating income: $96,792
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
