$700,000

6609 Menlo Avenue Los Angeles, CA 90044

Beds: 0
Baths:
Sq Ft: 0
Type: Residential Income
MLS#: PW17222298
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Hi, Kyle Kohler.

My name is  

and I have a question about 6609 Menlo Avenue Los Angeles

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Estimated Monthly Payment

$5,051
Interest Rate %
Down Payment
5 year
15 year
30 year

WE ARE SO EXCITED TO PRESENT THIS GOLDEN OPPORTUNITY TO OUR FHA BUYERS OUT THERE. OWNER-OCCUPIED & INVESTORS OPPORTUNITY GALORE. THIS IS A 4 PLEX- ALL DETACHED, ON A CORNER LOT. ALL THE UNITS HAVE DIFFERENT ADDRESSES AND HAVE SEPARATE YARDS. THERE IS UPSIDE POTENTIAL IN RENTS. LANDLORD IS IN THE PROCESS OF INCREASING THE RENTS BY 3% WITH PROJECTED CAP RATE OF %7.38 @ 5% VACANCY ALLOWANCE- WHICH IS UNLIKELY. SUBJECT IS IN A STABLE RENTAL MARKET. ALL THE UNITS HAVE JUST GONE COMPLETE RENOVATION, BOTH OUTSIDE AND SOME OF THE INTERIORS. ALL FINISHINGS WERE DONE TO TASTE AND CLASS. THE GARAGE DOORS WERE COMPLETELY CHANGED. NEW LAMINATE FLOORS, NEW WATER HEATER, NEW WALL HEATER. THERE IS A SECURED ENTRY WITH A WROUGHT IRON GATE ON ALL THE UNITS . THERE IS A LARGE BASEMENT FOR EXTRA STORAGE AND COIN LAUNDRY FOR EXTRA INCOME. THIS IS A RENT CONTROLLED AREA. SUBJECT PROPERTY STILL SHOWS IN 'REAP STATUS,' BUT IN THE PROCESS OF BEING CLOSED OUT. PLEASE DON'T WALK ON THE PROPERTY LINE. TENANTS ARE UNAWARE OF SALE. DRIVE BY ONLY. BUYERS & AGENT OF BUYERS ARE ENCOURAGED TO CARRY OUT DUE DILIGENCE REGARDING THE SUBJECT PROPERTY, INCLUDING ALL PERMITS, ZONING, VIOLATIONS, AND ALL IMPORTANT INFORMATION PERTAINING THE SUBJECT. LISTING AGENT & BROKER DO NOT GUARANTEE ANY INFORMATION REGARDING THE SUBJECT PROPERTY., 1 VERMONT/ 66TH STREET & MENLO

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DescriptionInterior & Exterior Features

Interior Features Include:

Ceiling Fan, Copper Plumbing Partial, Crown Moldings, Granite Counters
Fireplace Description Dining Room, Family Room, Gas
Family Room Y
Rooms Family Room

Air Cond: Wall Window

Heating:
Source Wall Heater, Natural Gas

Floor Type: Laminate, Tile


Exterior Features Include:

Satellite Dish
Fence Wrought Iron

Acreage: 0.2000 Acres

Lot:
Description 0-1 Unit/Acre
View City Lights, Neighborhood
Square Feet 8581

Roof: Shingle

Exterior:
Foundation Brick/Mortar, Slab, Stone

Garage/Parking:
Parking Spaces 4.00

Garage Capacity: 4

Other Features Include:

Inclusions:
Appliances Garbage Disposal, Gas Oven

Water: Public

Sewer: Sewer On Bond

Pool: None


Security Features Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector, Window Bars
Property Condition Repairs Cosmetic, Updated/Remodeled
Community Features Sidewalks, Street Lighting
Utilities Natural Gas Available, Phone Available, Sewer Available
View City Lights, Neighborhood
Total Expenses 14510.00
Separate Gas Meters 4

This Listing is Presented By
PCALUFUO

Kyle Kohler

Cell: (909) 260-8553

Work: (909) 260-8553

Fax: (909) 680-3645

Email: kyle@kylekohler.com

 
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