EXECUTIVE SUMMARY  
 
 
 
 
   
 
   
 
   



  Purchase Terms

 
 
  Price:

Down Payment:

New Financing:

CAP Rate:

GRM:
$2,795,000

$978,250 (35%)

$1,816,750 (65%)

7.28%

9.87


 
  Investment Highlights
 
  • Over $100K in Capital Improvements
  • 16 of 18 Units Renovated
  • Minimal Deferred Maintenance
  • Individually Metered For Gas & Electric
  • Copper Plumbing
  • Entire Interior Repainted
  • 30 New Lighting Fixtures
  • New Landscaping
  • Very Low Maintenance Building
  • New Rain Gutters
  • Gated Parking Lot
  • Two Buildings - 12 unit & 6 Unit

  • 17 New Leases
  • Close to All Hollywood Studios
  • Close Distance to Metro System
  • Walking Distance to Bus Lines
  • Updated Electrical
  • Easy Access to Major Freeways Within 5
  • Miles of Staples Center
  • Within 4 Miles of Griffith Park
  • Walk to Trendy Shops & Restaurants
  • Billboard Income
  • Property is on 3 Parcels
  • Unbeatable Numbers & Ratios