Description

Well located 6 unit, two-story apartment building on a quiet street near transportation and shopping. 100% occupied and low rents. The building has a three-year new roof and a two-year central water heater. Six parking spaces and a separate on-site laundry room. No Section 8 tenants in the building. Seismic retrofit work is just been completed. One garage is rented for $190/mo and the average laundry income was $120.40/mo. for 2020. A buyer can look forward to receiving approximately $34,000 from the Seismic Cost Recovery Program which will add up to $38 per month per tenant for the next 10-12 years. The listing broker is the managing member of the selling LLC.

Location Map

13760 BESSEMER Street Van Nuys CA 91401

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Source: Placester