13 units + one (#206) not conforming. Built in 2004 it is Almost like new. Very luxurious units. Granite counter tops in all kitchens and bathrooms. Laminated floors. Gas fireplaces in all units. Very secure building. roof deck. 3 large storages on 4 th floor, $145 per month. Tenants pay utilities, Owner pays for water,sewer and trash. Excellent tenants, mostly "young, Urban, Professionals" Most rents are below market. No vacancies in the last 3 years.
Rare incredible investment opportunity - recently remodeled 5 unit multifamily complex in one of the most densely populated areas of Los Angeles, CA. Well maintained property with attractive front lawn and convenient private parking. Easy to manage with desirable units mix (all 2 bed / 1 bath) and very popular location with current market rents in the $1,500+/unit range. Close to DT Los Angeles, LAX, just 20 minutes away from Venice Beach.
Prosser Stevens Real Estate Investments proudly presents 114 Paloma Ave in Venice. The 6-unit property consists of (4) one bedroom, one bath and (2) single, one bath apartments. The vintage units have hardwood floors and tile. Rear unit has access to backyard with tropical landscaping. The two front units have access to one large 30x30 yard, which creates a beautiful front entrance. This opportunity includes (2) additional contiguous lots, all three totaling approximately 7,500 square feet.
This investment property consists of a two story building build on a 8,624 square foot lot. The total rentable square footage of the property is approximately 8,557 and the property offers a favorable unit-mix comprised of four 2+2 units and two 3+2 units. Midvale Ave. Apartments is an excellent investment opportunity with solid potential that appreciates and provides lasting appeal to a sophisticated tenant profile. The property would be a great addition to any Los Angeles apartment portfolio.
- Highly Improved Apartment Community with Tremendous Rent Upside - Recent Capital Improvements Include: New Roof, All New Air Conditioning Units, New Exterior Paint, Majority of the Plumbing Changed to Copper, Most Unit Interiors Contain Laminate/Hardwood Flooring & Granite Countertops - Prime Valley Glen Location in a Quiet Residential Neighborhood - Nearly 25% Rent Upside from the Current Levels - Over 70% Two-Bedroom Units - Meticulously Maintained Building & Landscaped Grounds - Steps to Sherman Oaks with Proximity to LA Valley College and Westfield Fashion Square Mall - 23 Total Parking Spaces 20 Covered & Three Open - Laundry Facility On-Site with Three Washers & Three Dryers - Assumable Chase Bank Loan In-Place: $2,535,000 Balance, 3.45% Interest Rate - Built in 1963 with Large Units Averaging Over 850 Square Feet Each - 23 Units, Plus One Non-Conforming Studio/One-Bath Unit (currently used as leasing office)
6 units located in prime Sherman Oaks SUBJECT to rent control. Excellent unit mix of 1's and 2's. ALL copper plumbing and central HVAC - Buyer to verify. Some units have been remodeled with laminate flooring and granite counters. DOWNLOAD A SETUP FOR a Rent Roll and Actual Utility/Expense Info.
We are pleased to offer for purchase a Twenty Five (25) unit apartment building located in the highly desirable Mid-Wilshire/ Koreatown rental submarket. The subject property was built in 1956, and is subject to the City of Los Angeles rent control. The property features a unit mix consisting of nine (9) single-one-bathroom units, and sixteen (2) one-bedroom one bathroom units. All of the units include a eating area and a large kitchen. Many units boast wood laminate floors. The building is individually metered for utilities, and has a common area laundry room and 18 gated secured parking spaces. The water heater was replaced in Dec 2009, horizontal copper completed and some verticals (percent unknown), and the entire courtyard and front steps were resurfaced recently leaving the building with little deferred maintenance. 400 S Mariposa provides a savvy investor an opportunity to obtain a true value add property with current rents significantly below market.
Triplex in NO RENT CONTROL Burbank, conveniently situated for: easy access to I-5 freeway, close to Empire Center, Woodbury College, Burbank Airport, minutes to studios and all other Burbank amenities. Building exterior has new paint. Unit mix consists of: (2) 1+1 and (1) 2+1. Front 1+1 unit is vacant and ready for immediate occupancy. It has fresh paint, new carpet, new garbage disposal, and comes with stove and refrigerator, ceiling fan and window A/C unit in living room. There are (3) one car garages, and (2) additional off street parking spots next to garages, four gas meters and 4 electric meters. Current Rents: 2+1 unit is $1400.00, 1+1 is $965.00, Pro Forma for vacant 1+1 is $1300. One garage is currently rented for $145.00 month per month. Offers subject to inspection. One 1+1 unit is vacant and available for showing by appointment. PLEASE DO NOT DISTURB OCCUPANTS!!!! Drive-by only unless appointment with agent.
PRICE REDUCED!! NO QUALIFYING WITH LESS THAN 20% DOWN!! POSSIBLE AITD!! This Townhouse style Duplex located in prime Culver City offers 3br and 3bas in each unit.
$95K Price Reduction! Near Santa Monica College. 1955 "Bread and Butter" building. Six- one bedroom, one bath apartments. Frame and Stucco building with pitched shingle roof (new 2003). Each unit individual electric and gas meters. Individual water heaters. Rear courtyard. Seperate five car garage structure.