Offered for Sale: Two Multifamily Apartment Buildings: Westchester Neighborhood Prime Development Opportunity ‘TWO PARCELS’ side by side. The two properties are being sold as ‘One Purchase’ under this Listing Agreement.
The ‘Data Analysis’ for the two properties have been combined under one total, as it applies to each of the ‘Data’ categories.
Total Units: 18: Building Size 13,259 SF: Lot Size: 24,308 SF
Total Gross Income: $ 276,252 yrly. — Total Gross Income $23,021 monthly
— Total Operating Expenses: $ 51,192 yrly—-
Net Income: $ 225,060 yrly
Apartment Building: Lead Address: 7113 La Tijera Blvd Los Angeles CA 90045: APN 4103-008-026
14 Units: Building: 10,495 SF Lot: 16,206 SF
Apartment Building: Lead Address: 7107 La Tijera Blvd Los Angeles CA 90045: APN 4103-008-025
4 Unit: Building: 2,764 SF Lot: 8,102 SF
Property is subject to the City of Los Angeles Rent Control Ordinance.
Laundry facilities on-site:
Great opportunity to develop the two properties to their full potential. Will cooperate with 1031 exchange