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5633 La Mirada Ave

3 Unit Apartment Building $1,599,000 ($533,000/Unit) 6.06% Cap Rate Los Angeles, CA 90038

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INVESTMENT HIGHLIGHTS

Close approximity to Netflex - Hollywood
Quite Street

Next to 101 Fwy

EXECUTIVE SUMMARY

** $100,000.00 PRICE ADJUSTMENT. NOW WITH SERIOUS PRICE, LOOKING FOR THE SERIOUS BUYER. ** ALL EXPENSES PAID BY TENANTS. LOW MAINTEANCE COST. ** 1031 EXCHANGE BUYERS, LOOK NO FURTHER.** DON'T WAIT!! Back unit Completely remodeled and permitted. Whopping 4 bedroom 4 bathroom(possibly to turn into 2 units, COLLECTING $4,500.00 PER MONTH (one for top and one for bottom for separate tenants) 1838 Sq ft. BRAND NEW STOVE/OVEN, REFRIGERATOR, WASHER/DRYER, DISWASHER, SPLIT UNIT AIR CONDITIONERS, LARGE BACKYARD WITH SAIL CANOPY FOR PRIVACY. The Property consists of a remodeled duplex in the front with ( 3 bedroom/ 1bathroom) + (2 bedroom / 1 bathroom) units totaling 2,046 Sq Feet generating $5,240 a month. Close proximity to Silver Lake , Paramount Pictures , Downtown Los Angeles and Hollywood. ALL 3 UNITS 100% occupied, please do not disturb the tenants. THIS WILL BE A STABLE CASH COW FOR THOSE WHO NEED 1031 EXCHANGE, LOW MAINTENANCE COSTS.

OM - 5633 La Mirada Ave. LA, CA

PROPERTY FACTS

Price	$1,599,000	Building Class	C
Price Per Unit	$533,000	Lot Size	0.17 AC
Sale Type	Investment	Building Size	3,884 SF
Cap Rate	6.06%	Average Occupancy	100%
Gross Rent Multiplier	13.69	No. Stories	2
No. Units	3	Year Built	1915
Property Type	Multifamily	Parking Ratio	1.03/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,599,000
Price Per Unit	$533,000
Sale Type	Investment
Cap Rate	6.06%
Gross Rent Multiplier	13.69
No. Units	3
Property Type	Multifamily
Property Subtype	Apartment
Building Class	C
Lot Size	0.17 AC
Building Size	3,884 SF
Average Occupancy	100%
No. Stories	2
Year Built	1915
Parking Ratio	1.03/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.