Please note, the seller is not flexible. All four of these properties have an assumable loan. May be purchased separately, no discount for purchasing all. Buyer pays the fees +3%.
Properties for Sale Los Angeles California.
1.Canfield-$2.9M 1957 10 units Cap Rate 4.52% GRM 17.04
2.Canfield-3M 1967 8 units Cap Rate 5.09% GRM 17.11
3.Westwood-3,100,000 9 units Cap Rate 5.17% GRM 16.9
4.Tilden-$4,500,000 10 units Cap Rate 4.17% GRM 17.11
This is an Investment Portfolio, Cherry picking ok.
Call or email offers to Gordon Meadows
oilandgasceo@gmail.com
Gordon & Angini
Glossary:
Gross Rent Multiplier (GRM) is the ratio of the price of a real estate investment to its monthly rental income before accounting for expenses such as property taxes, insurance, and utilities; GRM is the number of years the property would take to pay for itself in gross received rent.
Cap Rate:
Definition: Capitalization rate, commonly known ascap rate, is a rate that helps in evaluating a real estate investment. Cap rate = Net operating income / Current market value (Sales price) of the asset. Description: Capitalization rate shows the potential rate of return on the real estate investment.
#512-387-0504 Gordon Meadows
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