HIGHLIGHTS: TWO HOMES ON A LOT. ProForma CAP Rate of 5.50% / ProForma GRM of 13.39% / COVID rental increase moratorium has expired in Los Angeles. 4% rental increases to continue on scheduled basis moving forward. / Potential to add possibly two (2) accessory dwelling units ADUs.
The premises include two separate single-family residences, each comprising two bedrooms and one bathroom, with an approximate area of 875 square feet. Additionally, each unit is equipped with an attached one-car garage, private fenced yard, and onsite parking. Tenants pay their own utilities.