Residential Income Details
There are total of 7 units, approximately 4,071 Sq Ft building area on approximately 7,978 Sq Ft lot zoned SMR3, on the corner of Euclid Blvd and Ocean Park Blvd a few block from the Pacific ocean. This is an excellent corner lot for new multifamily condominium or apartment development opportunity. The current monthly rent income on the 7 units is $11,555 per month. The garages are rented separately and owner collects an extra $685 per month on top of $11,555 rent per month. So, total gross income is $12,240 per month or $146,880 a year.
|Number of Units||7|
|Listing Brokerage||Kerendian Properties|
|Listing Agent||Faraj Kerendian|
|Listing Agent BRE #||01991239|
Based on information from California Regional Multiple Listing Service, Inc. as of Monday, July 10, 2017.
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