Transaction Highlights

• Added Another Cash-Flowing Investment Property onto Buyer's respectable portfolio | Buyer Purchased a Very Walkable (76 Walk Score) Income Property Located in North Montebello
• Very Walkable (76 Walk Score) Income Property Located in North Montebello
• CLOSED ESCROW AT 100% OF ASKING PRICE | SOLD at $325,000 Per Unit | $369.32 Per Square Feet
• Delivered an Income Producing Investment with 14.72 GRM & 4.24% Cap Rate on Current Rents
• Our Team Worked Hand-In-Hand with the Seller for Preparing their Books & Records Items in time for Buyer's Inspection
• Shant Sherbetdjian Presented Seller with a Full-Priced Offer and Clean Terms, including a Short Inspection Contingency, NO Financing Contingencies, NO Termite and NO Home Warranty
• Seller wanted to Cash-Out and Take Advantage of the Current Market | Shant Sherbetdjian Represented Both the Buyer and Seller

Investment Highlights

• Excellent North Montebello Location (Situated North of Beverly Blvd) | Desirable Unit Mix of Spacious 2 and 3 Bedroom Units
• Property has been Family Owned & Operated for Almost 50 Years!
• The Building Consists of (TWO) 3 Bed + 1 Bath and (EIGHT) 2 Bed + 1 Bath Unit Mix
• Pride of Ownership Property | Turn-Key Investment Opportunity
• Attractive Cash Flow | Strong Rents in Place with Realistic Rental Upside Potential
• On-Site Parking with 10 Carport Spaces + 4 Open Spaces | All Units are Separately Metered with Gas & Electricity
• On-Site Parking with 10 Carport Spaces + 4 Open Spaces | All Units are Separately Metered with Gas & Electricity