Property Detail

Description

Here's your chance to own your own income property in El Sereno. This 4 unit property consists of four separate 1 bed/1 bath units that are approximately 550 sqft each. Two of the units have been recently remodeled and updated including in unit laundry hook ups, the other two units do not have laundry hook ups . All units are currently tenant occupied. Current rental income total per year: $76,464.00Total approximate expenses per year:$15,000.00Current rents per unit are as follows:Unit 1- $2060.00 monthUnit 2- $2100.00 month Unit 3- $1392.00 monthUnit 4- $820.00 monthEstimated market monthly rents are $2,100.00 per unit.Total rental income per year, at the projected market value rent, would be approximately $100,800.00 per year.