1618 West 46th Street . Los Angeles , 90062

Available

$698000

3346

5613

$209

3

1646 beds:: 3 baths:: 1

850 beds:: 1 baths:: 1

850 beds:: 1 baths:: 1

0 beds:: 0 baths:: 1

1922

Very good

1.25%

$8725

$0

2.5%

Yes

Yes

Don't Know

Don't Know

Don't Know

Yes

Investment Opportunity Near The University of Southern California!!! Double Your Return!!!

Terrific investment opportunity!!! Here's a great chance for an investor to own a multifamily property near USC & also DOUBLE THEIR CAP. This pride of ownership property has been well maintained & includes many updates. These include updated kitchens, granite counters, new electrical panels inside & out, drought tolerant landscaping, recent retrofitting & all copper plumbing. The building features a great unit mix with one 3 Bed / 1 Bath & two 1 Bed / 1 Bath units. ONE UNIT WILL BE DELIVERED VACANT (Optional owner occupy)!!! The two lower units have their own porch, while the upper unit has it's own covered deck. All three units have their own laundry hook-ups. The property also offers off-street parking, a storage shed (extra rental income), an outdoor entertaining area, fenced & gated front / back yard & many plants, including fruit trees. DETAILED MARKETING PACKAGE (includes additional interior images, accurate expenses, and financial breakdown) AVAILABLE UPON REQUEST. SOLD "AS IS" THIS IS A STANDARD SALE. PROPERTY SOLD "AS IS"CAP RATES AND EXPENSES WERE CALCULATED WITH A 5% MANAGEMENT COST INCLUDED. THIS COST WOULD ONLY APPLY TO INVESTORS WHO CHOOSE TO HAVE EXTERNAL MANAGEMENT FOR THE PROPERTY. THEREFORE CAPS WOULD RANGE BETWEEN 3.4 -3.7 AND PF CAPS FROM 5.9 - 7.4...For further information, or to request a detailed Marketing Package, contact SJ Van Der Berg @ Cell:(310) 248-0533 Office: (323) 446-3831 Email: sj.vanderberg@vaultbrokerage.com...TENANT OCCUPIED. PLEASE DO NOT DISTURB OR ACCESS PROPERTY. SHOWINGS PROVIDED WITH AN ACCEPTED OFFER / PROOF OF FUNDS, SUBJECT TO INTERIOR INSPECTION.... ALL OFFERS DUE 6/29/17 @ 2:00PM

From the 110N FWY, take the W. Vernon Ave exit. Turn left on W. Vernon Ave and follow it down to S. Western Ave. Take a left on S. Western Ave. and follow it down two blocks then turn left on W. 46th Street. The property will be located on your right. From the 10E FWY, exit onto S. Western and follow it down to W. 46th Street. Turn Left on 46th.

Craftsman

None

2

1 Covered, 1 Uncovered

Yes

Yes

Don't Know

Yes

17-241394