
Description
6.5% CAP on Actual! This is an excellent investment opportunity for someone interested in student housing! The subject property is a beautifully restored Victorian home that has a total of 8 Bedrooms and 4 Bathrooms with monthly rent of $9,334. The house is split into two units with one unit on the ground floor and the other unit on the second level. Each unit contains 4 bedrooms and 2 bathrooms. The house was completely renovated in 2010 that included upgrading the kitchen, installing hardwood floors, central A/C,a large front porch, second story balcony and much more! There are additional income for parking. The property has been professionally managed for several years and is an established student housing location. DO NOT DISTURB TENANTS! DRIVE BY ONLY! **This Property can be purchase along with 1460 W 28th St, Los Angeles. CA as a portfolio sale. Please contact listing agent for more information.**
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