Price is solid $700,000 as making over $83,000 a year rent: 2 Sec 8 VASH units and 1 PATH unit, most rent paid from LA COUNTY and org. Garage can be converted to 1 br or 2br unit, so still has upside. Do your inspections so you know building in sound, check out leases, when 100% sure you want to buy this property, then we open escrow for a 10 to 15 day close so your $700,000 can make $83,892 a rental income a year = +11.98% Low risk tenant, High Cash Flow and Upside to add 1 more unit. What more do you want?
Property Type :
Residential Income
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 04/29/2024 @ 13:04
MLS: 22129453
LISTED BY: Jason Hurst, EGL Properties Incorporated
SOURCE: CRMLS
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
