Price Reduced! Seller has located their upleg property for a 1031 Tax Deferred Exchange! Motivated Seller! The subject property is a 10 unit, 3 story apartment building built in 1988. The property is located in the City of Los Angeles although it has a Culver City address. Amenities include: dishwashers, fireplaces, balconies, laundry room, storage room, secured entry and parking. The property is not subject to rent control. Buyer must assume existing 1st TD of $1,180,000 @ 5.8% fixed payable $7430.48/month due in December, 2016. The loan is with Chase Bank and assumable for one point. Principal of Owner is a licensed real estate broker.
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