8451 Towne Ave, Los Angeles, CA 90003

4 Beds      3 Baths      2120 SF      6500 SF Lot     

Part of Five Property Multi-Family Portfolio


THIS PROPERTY IS OFFERED IN A BULK PORTFOLIO OF 5-PROPERTIES/16 UNITS TOTAL W/ PROFORMA NOI OF $180,572 AND LOW TO MID 6 CAP RANGE.

PORTFOLIO INCLUDES 9206 S. HOOVER ST4810 E. COMPTON BLVD6915 S. HARVARD BLVD8451 TOWNE AVE9806 S. MAIN ST. THIS STABILIZED PORTFOLIO FEATURES VERY LOW VACANCY/TURNOVER, MANAGEMENT EXPENSES AND IS COMPETITIVELY PRICED. PERFECT FOR 1031 INVESTORS!

8451 TOWNE AVENUE IS A FULLY OCCUPIED WELL MAINTAINED TRI-PLEX THAT WAS REHAB'D IN 2012; GREAT PROPERTY W/ EXCELLENT INCOME; IN A NICE POCKET OF LA; ALL THREE UNITS ARE SECTION 8 WITH ANNUAL RENT INCREASES; NEWER ROOF; TENANTS PAY WATER, ELECTRICITY AND GAS; TWO ATTACHED UNITS ARE 1-BED/1-BATH AND ONE DETACHED UNIT IS 2-BED/1-BATH; ONE CAR DETACHED GARAGE AND TWO OPEN GATED PARKING SPACES; EXTRA STORAGE ROOM ATTACHED TO GARAGE FOR ADDITIONAL INCOME OPPORTUNITY.

DRIVE BY ONLY! DO NOT DISTURB TENANTS! REQUEST OFFERING MEMORANDUM FROM AGENT.  OFFERING MEMORANDUM CONTAINS DETAILS OF THE EACH PROPERTY, PORTFOLIO PRICE, INCOME AND EXPENSE SCHEDULE AND MARKET SURVEY. INSPECTION UPON OFFER ACCEPTANCE. INCOME AND EXPENSES BASED ON SCHEDULED CY-2018. 

Click for Financial Analysis

realtor

310.887.6446

Marty Clouser

Cal Broker DRE# 00912230

(310) 887-6422

mclouser@kennedywilson.com

Rhett Winchell

Cal DRE #00867471

818.371.0000

rwinchell@kennedywilson.com

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