Back on market, buyer did not perform. Great income earning 5-unit investment property. Nice residential tree lined street, apx mile and a half from USC. Currently a 6.4 CAP with rents apx 20% UNDER market. Great upside with a pro-forma 8.0-CAP Rate property with low expenses. Unit mix has 4 one-bedroom one-bath units and 1 one bedroom one-bath unit (with a den). A security complex for tenants, with separate meters for power and gas. An ideal 10.9 GRM (apx) with an annual $53,529 (apx) of gross income with a net operating income of apx $36,829. Three structures on property. Two are each 1,088 sq feet and the rear unit is 548 sq feet.
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