Amazing Seller Financing Available. Rare offering in the heart of Los Feliz strong rental market to acquire a value-add 16 units. Great unit mix of 2bed 2 bath and 1 bed. 16 parking. Several ADU Opportunities via SB 1211 to increase income. 50% of the units have good upside in rental through interior renovation. Stabilized metrics pencil at a 7% CAP. All Units have large bedrooms, living area and natural light. Beautifully maintained mid-century 2 stories courtyard building centered around a sparkling in-ground pool. A few blocks away from Los Feliz Village, Starbucks Reserve, Alcove, Figaro, and all the shopping Los Feliz has to offer.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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