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Saved Search: "all-lofts-los-angeles-for-sale" has returned the following: |
New Listing | |||||
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Area: (7) West L.A. | Subdivision: | ||||
HOA: $0.00(N/A) | Year Built: 1922 | ||||
Pool: No | Land Type: Fee | ||||
Remarks: THIS PROPERTY IS A CASH COW AS RENTED UNDER AIR B AND B CURRENTLY YIELDING OVER $9,300 A MONTH + $986 PER MONTH WITH A MONTH TO MONTH TENANT WHO WILL VACATE AT THE CLOSE OF ESCROW. This Triplex has been renovated with new kitchens, modern bathrooms, hard wood floors, custom track lighting, double pane windows, and new water heaters. All units have laundry area. The down stairs unit has a basement area with laundry area, original hardwood, crown molding, and ceiling fans. Property is adjacent to public schools. There is a three individual garage spaces plus plenty parking off the street. Market rents are $2,400 for unit one ( 3 bed 2 bath); $2,200 for the unit two (2 bed, 1 office/loft 1 bath); $2,000 for unit three (2 bed, 1 toddler/baby room, 1 bath) totaled $6,800 per month cash flow. Currently two of the units do not have leased tenants and are being leased as an Air B&B property with over $9,500 a month in rents just from the Air B&B. August invoice from Air B&B available. If a new buyer runs this property as an Air B and B for all three units, projected revenue will be over $12,000 a month with current Air B&B market strategy. |
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