Description
Significant price reduction of over $500K. Income has increased and Current Cap Rate 5.67% (11.46 X GRM), Proforma 8.05% (8.95 X GRM). 2004 Construction: Not Subject to LA City Rent Control (only subject to California State Rent Control). Great unit mix of (9) 2+2's, (3) 3+2's, and (3) 4+2's. Low price per foot for newer construction ($262/ft). Approximately 30% Upside in rents
Location
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Listing Agent: Hooman Emanuel
Listing Office: Keller Williams Studio City
Attribution contact:
