OFFERING SUMMARY

List Price:

$1,475,000

Number of Units:

3

Price/Unit:

$491,667

Price/SF:

$687.65

Cap Rate:

2.88%

GRM:

20.61

NOI:

$42,486

Status:

Active

 
 

Investment Highlights:

  • Well Located Asset With Historic Charm In Desirable Pocket Of Sherman Heights

  • Desirable Mix of 3-Bedroom, 1-Bedroom & Studio Loft

  • Complete Restoration in 2000 Of Structure, Foundation, Plumbing & Electrical

  • Opportunity To Purchase Complex With Residential Financing

  • Highly Walkable Location With Easy Freeway Access

  • Implement Mills Act For Substantial Property Tax Savings

  • Gated Community Patios And Tandem Parking

  • Units Enjoy Their Own New Washer/Dryers

 
 
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