Residential Income Details
ALL RENTS ARE ACTUAL AND ALL UNITS LEASED - 3.91 CAP RATE Achieve the highest possible CAP RATE while living in a Trophy building/location just steps from the Sunset Strip and London Hotel. Ideal cash flow for a pristine completely renovated 4 unit building. Units comprise of flawless finishes along with all of todays needs/amenities, central air/washer/dryer/range/fireplaces/private garage parking and patios. Consistent with the finest appliances and materials each individual unit is unique and rare with massive vaulted ceilings and architecture. All units leased at market rent except for unit 4 which provides tremendous upside at a projected rental rate of $4,071 per month. Subject property also boasts potential future development opportunity as it is sited on a WDR4 lot.
|Number of Units||4|
|Listing Brokerage||David Akhtarzad|
|Listing Agent||David Akhtarzad|
|Listing Agent BRE #||01420000|
Based on information from California Regional Multiple Listing Service, Inc. as of Monday, June 4, 2018.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.
Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
Information from sources other than the Listing Agent may have been included in the MLS data.
Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources.
The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.