Reduced $60,000, "As Is Sale", no rent control, huge upside in rents, market rents in the area for 2 bedroom is $1200. Room to increase rents by $1,120 a month or $13,440 a year. 13.61% Cash on Cash return on market rents. All windows were changed per owner. The property was built in 1929 and is set on a 9,603 sq.ft (per assessor) lot. The units have varying floor plans and amenities. Country records reflect Eight units 1 Bedroom/1 Bath each, subject has eight units with six 2 bedrooms/ 1 bath and two 1 bedroom/ 1 bath. Buyer to rely on their own investigation.Marketing Package and Rent Roll attached. Brokered And Advertised By: Keller Williams Encino-Sherman Listing Agent: Anie Mayelian
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