Property Showcase

8451 TOWNE AVELos Angeles, CA 90003 0

$635,000
Multi-Family
Status: Active
  • Bed:4
  • Bath:3
  • Sqft:2,120
  • Lot:6,500 sq ft
  • MLS#: 17256060
33.961669921875-118.26747894287109
Courtesy Of Kennedy Wilson Real Estate Sales & Marketing

Description:

THIS FULLY OCCUPIED WELL MAINTAINED TRI-PLEX IS BEING OFFERED IN A BULK PORTFOLIO SALE OF FIVE PROPERTIES CONTAINING 16 UNITS TOTAL IN MID 5 CAP RANGE! PERFECT FOR 1031 INVESTORS! 8451 TOWNE AVE WAS REHAB'D IN 2012; GREAT PROPERTY W/ EXCELLENT INCOME; WELL MAINTAINED PROPERTY IN A NICE POCKET OF LA; ALL THREE UNITS ARE SECTION 8 WITH RENT INCREASES IN 4Q2017; NEWER ROOF; TENANTS PAY WATER, ELECTRICITY AND GAS; TWO ATTACHED UNITS ARE 1-BED/1-BATH AND ONE DETACHED UNIT IS 2-BED/1-BATH; ONE CAR DETACHED GARAGE AND TWO OPEN GATED PARKING SPACES; EXTRA STORAGE ROOM ATTACHED TO GARAGE FOR ADDITIONAL INCOME OPPORTUNITY. DO NOT DISTURB TENANTS. SEE PRIVATE REMARKS FOR DETAILS.

Main Features:

Listing Status Active Year Built 1922
Floors 1 County Los Angeles
Rental Price $0 Units 3
Zoning LAR2

Additional Features:

Appliances None
Cooling None
Heating Wall Gas
Heating Source Wall Gas
Special Conditions Standard Sale

Extra Features:

Annual Expenses 12001.00 Cap Rate 5.60
Gross Income 48562.00 Insurance Exp 800.00
LP Per SQFT 299.53 Management Exp 952.00
Net Operating Income 35590.00 Other Exp 952.00
Parking Spaces 3 SQFT Source Public Records

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is copyrighted in by the Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. Any dissemination of this information in violation of copyright laws is strictly prohibited. TheMLS
Last Updated On: 10/22/2017 9:16:04 PM

8451 TOWNE AVE, Los Angeles, CA 90003

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Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is copyrighted in by the Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. Any dissemination of this information in violation of copyright laws is strictly prohibited. TheMLS
Last Updated On: 10/22/2017 9:16:04 PM

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