As of 5/8/24 seller is under contract at list price but can entertain another offer and cancel current escrow. seller is looking for an offer with no 1031 contingency 10 unit built 1995. across from kedren community and health care clinc. the area has improved substantially and continuing to improve year by year. large units with 18 tandem parking. 3 units are 15 % Below market rents. rare vacancies. capital improvements in 2023. currently 5.92 cap and 6.58 cap as of oct 1, 2024 rent increase. see attached sapplements. $286k per unit and $294 psf, below replacement cost. in 2019, the property was appraised by in 2019 by malaga bank @$ 2.8m when gross rent was $208k. please do not…
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The average household income in
Los Angeles, CA
grew
from
$60,197
to
$62,474
in the past year. This data is an estimate based upon
1,4M
households in
Los Angeles, CA. The chart below presents how household income is distributed in
Los Angeles, CA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Los Angeles, CA
compared to median property taxes around the country. The prevalent amount of property taxes in
Los Angeles, CA
equals
$3k+
, which is
more
than the national average.