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Pocket Listing –
STATUS: SOLD! Before Processing
Updated Duplex in sought after Pico-Union
Within 3 Miles of trendy LA-Live and Nokia Center
$48,000 Annual Income
$460,000 8.4% CAP!!
2,654 sf under the roof 5,169 sf lot
Limited Showings available – Please call to preview before the property goes on the market
Income/Expences
List Price $460,000
1153 Westlake Avenue , Los Angeles North of Pico/West of Alvarado St.
Annual Income : as of July 1, 2013
1-BDRM: $12,000 ($1000/month)
Single $ 9,600 ($800/month)
PLUS
4 additional Rooms each pay $550 per month
Total of $26,400 ($2,200/month )
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Total: $48, 000
Annual operating expenses:
Water/Electric : $2,400 ($200 /mo.)
Property insurance $1,200
Property taxes: $5,750
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Total: $9,350
Net Operating Income: $ 38,650
