212 E Imperial Highway, Los Angeles, CA 90061

Property Description

SELLERS ARE MOTIVATED ---This property consists of 7 single story units in fair condition. Total rents collected $7,462 4 with a 4% increase rents will be $7,881. Total Expenses $ 25,834.07 Net Operating Income/ $ 62,665.93 /Rents $88,500.00 Annual All tenants are current with rents. All tenants are month to month. there are 4 - 1 bedrooms and 3- 2 bedrooms Previous owners renovated most units cover wood /stucco cover mineral & composition shingleDrywall over wood frame Wood/Carpet, average and window locks, electronic security door/rear locking entry gate access each unit has its own hot water heater standards ; electric meters . The age listed above applies to 3 buildings which consists of six Apartments, and a single home; original construction & it is constructed with a crawl space, the six apartments are on a slab foundation. All units were totally renovated prior to current owner purchase including window . Total Expenses $ 25,834.07Net Operating Income/ $ 62,665.93Net Income $ 62,665.93 /Rents $88,500.00 Annual