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#Business ID: 20552

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Quaint Multi - Family Property LA – 6.06% CAP!

Business Location: Los Angeles, California, United States

Asking Price: $ 1,698,000 Revenue: $ 165,000 Cash Flow: not disclosed


[Real Estate Included]

Business Summary

Charming Garden Villa Style Apartments – 6.06% CAP!
Multi-Family Apartment Property In The Heart Of Los Angeles - ONLY $1,698,000!

Primary Features:
* Beautiful Garden Villa Style Apartment!
* Fantastic Location In The Heart Of Los Angeles!
* High Income Quiet Neighborhood!
* Total 16 Units Apartment!
* Very Well Maintained Property!
* Recently Upgraded Exterior & Interior!
* Total New Paint Inside Out!
* Brand New Electrical Wiring In 2008!
* Partial Copper Plumbing Renewed!
* Large Lot Size Over 11,000 Square Feet!
* Building Size Approximately 9,300 Square Feet!
* Total 12 Studio Units!
* Total 4 One Bedroom Units!
* 100% Occupancy!
* Absolutely NO Vacancy!
* Excellent Investment Opportunity!
* CAP Rate At 6.06%!
* Confidential Private Sale!

Benefits:
* Excellent Investment Opportunity!
* Recently Remodeled!
* 100% Fully Leased Apartment Building!
* Two Stories Multi Units Apartment!
* Real Estate Included In This Sale!
* Structure Has Very Unique Design!
* Beautiful & Quiet Neighborhood In Los Angeles Area!
* Very Well Maintained Building!
* Professional Management For Years!
* All Happy Long Term Tenants!
* Investor Dream!
* In the Heart Of Los Angeles!
* Fantastic Location For Income Property!
* Several Beautiful Parks In The Area!
* Look Nowhere!
* Qualified For Bank Finance!
* High CAP Rate Over 6%

Financials:
* No. Of Units: 16
* No. of Baths: 16
* Occupancy: 100%
* Property Use: Investment
* CAP Rate: 6.06%

BIZ Analysis/ Recommendations:
Please Call BIZ Representation At 1-800-727-2100 Option 1 Real Estate Department.

Property Details

Size:

Building Size: 9,243 SF. Lot Size: 11,282 SF

Years Established:

1929

Property Type:

Real

Real Estate Value:

$ 1,700,000

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