Excellent 4 unit building located in Valley Village with an estimated rental upside of 38%. Low interest rate financing available. The property boasts a great unit mix of four 2 bedroom/1 bathroom units. One unit is totally remodeled ground up with new kitchen, bathroom,flooring and paint. Gross income of $86,400. Colfax Terrace is Individually metered for gas and electricity. Individual water heaters in each unit. The apartments sit on a 6,862 square foot lot and has 3,787 square foot of rentable square footage. The Valley Village community is a highly desirable area rich in culture and traditions and centrally located with easy access to public transportation. The property is located close to the 101, 134, and 170 freeways. See supplements for offering memorandum and rent roll.
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