*(Updated: March 10, 2008)
Multi-Unit and Apartment Buildings in Los Angeles California are currently attracting investors and Buyers that have been through previous "down cycles" in the Los Angeles and Southern California real estate markets. To understand this and view some data, please see my page for Investors.
-Multi-Unit Buildings with 5 or more units are considered "Commercial" and normally require a down payment of 25%-35% when submitting offers.
-Under 5 units are considered "Residential" and the down payment can be as little as 10% when submitting offers.
*Top Picks:(please Contact me for a complete list)
|
1304 Pacific ave, Venice, CA
 $1,500,000
|
|
Units |
BR |
Ba. |
Furn.(y/n) |
Rents |
|
Unit 1 |
1 |
2 |
1.00 |
No |
$1,600 |
|
Unit 2 |
4 |
1 |
1.00 |
No |
$1,400 |
|
Unit 3 |
1 |
0 |
1.00 |
No |
$660 |
|
Unit 4 |
1 |
2 |
1.00 |
No |
$1,400 | |
Location is Key. This Venice CA Bldg. is always Rented. 1 BLOCK to the beach!
____________________ |
|
4722 August St, LA, CA 90008
|
$950,000 |
|
|
Units |
BR |
Ba. |
Furn.(y/n) |
Rents |
|
Unit 1 |
1 |
3 |
2.00 |
No |
$1,339 |
|
Unit 2 |
1 |
1 |
1.00 |
No |
$750 |
|
Unit 3 |
1 |
1 |
1.00 |
No |
$750 |
|
Unit 4 |
1 |
1 |
1.00 |
No |
$841 |
|
Unit 5 |
5 |
8 |
7.00 |
No |
$4,083 |
Good income property with a lot of potential. All rents are current and paid on time. Reliable and responsible tenants.
_______________________
|
6147 Alcott St, LA, CA 90035
|
$1,100,000 |
|
|
Units |
BR |
Ba. |
Furn.(y/n) |
Rents |
|
Unit 1 |
3 |
1 |
1.00 |
No |
$909 |
|
Unit 2 |
3 |
2 |
1.00 |
No |
$1,363 |
$125k price reduction. A well kept 6-unit apartment building located ½ mile from Beverly Hills in the neighborhood just east of La Cienega and just south of Pico. The property enjoys the amenities of Beverly Hills as well as the immediate walking neighborhood. The property has undergone many renovations, including plumbing, electrical, and new windows.
Please contact Thomas for more information
on these smart investments!
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