The offering consists of (4) 1 Bed / 1 Bath and (4) 2 Bed / 1 Bath units. The property was built in 1956 and is 6,676 square feet of gross leasable area and sits on a large 9,660 square foot lot that is zoned LAR3. An investor will benefit from good in place cash flow with a starting cap rate of 5.4% with approximately 33% upside in rent potential. With it's excellent unit mix, day one return and location, the building is positioned for strong long term growth.
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Gary & Colleen Wolfson Office: (818) 597-4513 Email
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