ASSUMABLE LOAN- 3.75% FIXED- $2,800,000 - VALID FOR 4 MORE YEARS UNTIL 6/1/2030; Corner Lot measuring 23,586 square feet; Ideal unit mix of Fourteen (2+2) and Nine ( 1+1), and one (1) SIngle existing ADU almost complete; Bright units with private balconies or patios; Strong in-place rents with current cap rate of 7.72%; GIM equal to 8.7; Spacious Floorplans with average unit size of 908 square feet; Copper plumbing; Plans and permits for 2 additional attached ADU apartments which when completed will satisfy the Seismic Retrofit requirement (Buyer to Verify); On-Site Laundry Facilities; Ample parking spaces
Features
37 bedrooms
37 bathrooms
directions_car24 carspaces
25 open car spaces
20880 sq. ft. floor area
crop_free23586 sq. ft. lot size
cottageOther
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92%
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92% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.
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Local market activity for 37 bedroom other properties in Los Angeles
Sold
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