Price: Reduced - $979,000
Scheduled Gross Income: $60,270
Vacancy: $1,214
Effective Gross Income: $59,506
Operating Expenses: $20,720
Total Expenses: $38,786
Net Operating Income: $38,786
Debt Service: $43,033
Pre-Tax Cash Flow: $-4,247
Expenses/Unit: $4,144
Expenses/SF: $2.76
Primary Type: Apartment Building
Total Space Available: 7,500 sq. ft.
Maximum Contiguous:
Occupancy: 90%
Year Built: 1940
County: Los Angeles
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Northridge, CA
Apt. Building
Location Description:
Near Northridge Mall, shopping, restaurants, and CSUN
No. Units: 5
Building Size: 7,500 SF
Lot Size: 7,400
Price: $1,175,000
Price/Unit: $235,000
GRM: 19.35
Cap Rate: 3.30%
Year Built: 1940
Great owner user. Picture perfect craftsman restored 3 BDR/2/BA house with hardwood floors and a huge separate office (in-laws quarter). 4 non-rent control units with central ac/heating. Submit all reasonable offers.
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