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10786 Missouri Avenue

Los Angeles (City), CA 90025
  • $4,300,000
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: SB23162139
$4,300,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Olga Wright of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)


Description

Assumable Financing Available! 3.65% Interest Rate FixedUntil Feb 1. 2027. The loan amount is around $1.8M.Very rare to find an asset like this in Westwood, one of themost desired pocket of Los Angeles. You will not find abetter price/unit or price/sf in the area.10786 Missouri Ave is a 8 unit trophy asset located in anA+ area. The subject property is priced at $537k/unit andstill has room to improve the income. Once rented formarket, 10786 Missouri Ave will operate at a 5.39% CAPand 13.30 GRM. This is the ideal asset for any investorlooking for cash-flow and appreciation in one of thenicest neighborhoods in Los Angeles.10786 Missouri Ave is comprised of (1) 3Bed+2Bath (2)2Bed+2Bath, and (5) 1Bed+1Bath units. Two units will bedelivered vacant. Due to its location, the subject propertydemands high rents, beneficial to any new buyer. Thereare 5 tandem parking spots, as well as 2 parking spacesin the rear.Located just minutes away from many shops, restaurantsand other entertainment- this is a renter's dream! With a89 walk score, this property is considered a walker'sparadise.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/142930472
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10786 Missouri Avenue Los Angeles (City), CA 90025

  • Price: $4,300,000
  • Status: Active
  • On Site: 24 Days
  • ID#: SB23162139
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1963
Built
Neighborhood:
C05 - Westwood - Century City
County:
Los Angeles
Area:
C05 - Westwood - Century City
Property Description
Assumable Financing Available! 3.65% Interest Rate FixedUntil Feb 1. 2027. The loan amount is around $1.8M.Very rare to find an asset like this in Westwood, one of themost desired pocket of Los Angeles. You will not find abetter price/unit or price/sf in the area.10786 Missouri Ave is a 8 unit trophy asset located in anA+ area. The subject property is priced at $537k/unit andstill has room to improve the income. Once rented formarket, 10786 Missouri Ave will operate at a 5.39% CAPand 13.30 GRM. This is the ideal asset for any investorlooking for cash-flow and appreciation in one of thenicest neighborhoods in Los Angeles.10786 Missouri Ave is comprised of (1) 3Bed+2Bath (2)2Bed+2Bath, and (5) 1Bed+1Bath units. Two units will bedelivered vacant. Due to its location, the subject propertydemands high rents, beneficial to any new buyer. Thereare 5 tandem parking spots, as well as 2 parking spacesin the rear.Located just minutes away from many shops, restaurantsand other entertainment- this is a renter's dream! With a89 walk score, this property is considered a walker'sparadise.
Exterior Features

Entry Level 1 Entry Location Front Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 8 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 4.17 Common Interest Community Apartment Community Features Urban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 273624 Gross Scheduled Income 273624 Insurance Expense 0 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventional1031 Exchange Net Operating Income 179492 New Construction YN No Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Operating Expense 85923 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Olga Wright of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)