Alta Realty Group Ca, Inc
Tom Fecske, Alta Realty Group Ca, IncPhone: (213) 219-9098
Email: tom.altarealty@gmail.com
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listing
1 of 5
Residential IncomeFor Sale
$1,999,000
716 W 81st Street
Los Angeles, CA 90044
Listed by Brice Head DRE#01330706 Brice.Head@cbre.com Cbre, Inc.
MLS: California Regional MLS (CRMLS)
18Beds
11Baths
7,795Sq Ft
Est. Mortgage
$10,418/mo

First time on market in a several decades...Bread-and-butter deal for a 1st-time Investor or a local owner wanting to add to his portfolio. Seven 2 Bed/1 Bath units and four 1 Bed/1 Bath units. Carports in the front and rear. A value-add opportunity from day one - one unit will be delivered vacant, and the manager's unit (currently free rent) has no lease or written management agreement, in place, affording a new Buyer some immediate flexibility and upside. 2 units could, potentially, be at market soon after COE. Scheduled rents of $16K/month. Proforma rents of $22K+/month.6.4% cap scheduled. 9.4% cap proforma. Between Manchester and Florence, Hoover and the 110.

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Information courtesy of Cbre, Inc. is subject to verification and is not guaranteed.
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