Detailed Introduction Of This Home
All two-bedroom, 1.5-bathroom townhomes built in 1986 *Spacious units averaging over 860 square feet *No city rent control *Controlled access with intercom *All units renovated with quartz countertops and stainless-steel appliances; built-in microwaves (except two) *Nearly $400/Unit/Month in Rental Upside: Low in-place rents averaging $2,064/unit and $2.39psf *Assumable Fixed Rate Loan: 3.35% interest rate *Rents shown are averages *PART OF AN 11-PROPERTY PORTFOLIO totaling 221 units, all located in prime LA County locations, including Inglewood (9 properties); Hawthorne (1 property); and Beverly Hills adjacent (1 property). The properties Can be Purchased Together, Individually, or In Any Combination. The Portfolio offers an attractive selection of one-, two-, and three-bedroom units, with spacious units averaging nearly 1,000 SF. There is tremendous value-add opportunity with in-place rents averaging approximately $2,135/u/month and only $2.12 psf. Attractive fixed rate assumable financing with an average interest rate of 3.72% is available. *See Property Website for OM and full Portfolio OH schedule for ALL properties