LukeJonesRE.com is proud to present this absolutely charming, turnkey property with incredible curb appeal and located in prime Hollywood and WeHo Vicinity, one of the hottest rental submarkets in Los Angeles.
This investment property is comprised of two gorgeous one bedroom, one bath units with Travertine Floors, Smooth Ceilings, Recessed Lighting, A/C, Granite Counter Tops, Laser Cut Screen Doors, Stainless Steel Appliances. Each unit has its own Laundry, Alarm System and lots of natural light with only one shared wall.
Both units are currently occupied and the Gross Operating Income is approximately $51,000 per year. Operating Expenses are extremely low since the tenants pay all utilities and there are no common areas.
Asking price is $849,000 which equates to an 15.7 GRM / 4.21 Market Cap and $594 / ft.
Perfect for an exchange buyer / investor looking for solid cashflow in an incredibly well maintained and stable income property in one of the best rental markets in LA. Could also work perfectly as an owner / occupier looking to get on the housing ladder and enjoy additional income to subsidize the mortgage. An awesome way to start on the path towards wealth building through the power of real estate.
For all enquiries call Luke Jones at LukeJonesRE.com - 310 435 4774 or send me an email - firstname.lastname@example.org
BUILDING WEALTH THROUGH REAL ESTATE, GIVING YOU THE FREEDOM TO DO WHAT YOU LOVE
I am a Los Angeles based real estate expert who specializes in residential income property investments and creating wealth through the power of buying, selling and investing in real estate.
Whether you are a first time buyer or a seasoned investor, I will empower you through relationships, knowledge and expertise that will give you a competitive edge and ensure your goals are challenged, analyzed and achieved.