Description
All two-bedroom, 1.5-bathroom townhomes built in 1986 *Spacious units averaging over 860 square feet *No city rent control *Controlled access with intercom *All units renovated with quartz countertops and stainless-steel appliances; built-in microwaves (except two) *Nearly $400/Unit/Month in Rental Upside: Low in-place rents averaging $2,064/unit and $2.39psf *Assumable Fixed Rate Loan: 3.35% interest rate *Rents shown are averages *PART OF AN 11-PROPERTY PORTFOLIO totaling 221 units, all located in prime LA County locations, including Inglewood (9 properties); Hawthorne (1 property); and Beverly Hills adjacent (1 property). The properties Can be Purchased Together, Individually, or In Any Combination. The Portfolio offers an attractive selection of one-, two-, and three-bedroom units, with spacious units averaging nearly 1,000 SF. There is tremendous value-add opportunity with in-place rents averaging approximately $2,135/u/month and only $2.12 psf. Attractive fixed rate assumable financing with an average interest rate of 3.72% is available. *See Property website for OMs, rent rolls and other information for ALL Properties.
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28BEDS
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0.26ACRES
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0BATHS
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01/2 BATHS
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12,096SQFT
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$413$/SQFT
School Ratings & Info
Description
All two-bedroom, 1.5-bathroom townhomes built in 1986 *Spacious units averaging over 860 square feet *No city rent control *Controlled access with intercom *All units renovated with quartz countertops and stainless-steel appliances; built-in microwaves (except two) *Nearly $400/Unit/Month in Rental Upside: Low in-place rents averaging $2,064/unit and $2.39psf *Assumable Fixed Rate Loan: 3.35% interest rate *Rents shown are averages *PART OF AN 11-PROPERTY PORTFOLIO totaling 221 units, all located in prime LA County locations, including Inglewood (9 properties); Hawthorne (1 property); and Beverly Hills adjacent (1 property). The properties Can be Purchased Together, Individually, or In Any Combination. The Portfolio offers an attractive selection of one-, two-, and three-bedroom units, with spacious units averaging nearly 1,000 SF. There is tremendous value-add opportunity with in-place rents averaging approximately $2,135/u/month and only $2.12 psf. Attractive fixed rate assumable financing with an average interest rate of 3.72% is available. *See Property website for OMs, rent rolls and other information for ALL Properties.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-27T07:37:36.257. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.