Assumable loan of $2, 250, 000 at 3.2% fixed until 3/1/28. The loan has a value of $270, 000 compared to a new loan at 6.2%. Next to Four Seasons Hotel at Doheny and Burton Way. 13 x Gross & 5.1% Cap with rents at market. 6.5% return on down payment with market rents. Seller has spent approx. $260, 000 in renovations. Controlled access, elevator, dishwasher, A/C, M/W. Earthquake retrofit work has been completed.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 18
- Full Bathrooms: 18
Appliances
- Laundry Facilities: Community
- Laundry Features: Community
Land Info
- Lot Size Acres: 0.1351928
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 5889
Garage and Parking
- Garage Description: Covered Parking
- Parking Total: 17
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 10
- Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 3, 1 SquareFeet: 4500, 2 BedsTotal: 2, 2 BathsTotal: 2, 2 SquareFeet: 3500, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2800, 4 BathsTotal: 1, 4 SquareFeet: 2300
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Directions: N. of Burton Way, E. of Doheny Dr
- Source Property Type: Residential Income
- Area: Beverly Center-Miracle Mile
- Source Neighborhood: Beverly Center-Miracle Mile
- Parcel Number: 4335-008-012
- Zoning: LAR4
- Source System Name: C2C
Commercial Info
- Net Operating Income: 171110
Building and Construction
- Total Square Feet Living: 11064
- Year Built: 1969
- Levels: Multi Levels
- Living Area Source: Vendor Enhanced
- Property Age: 55
- Year Built Source: Vendor Enhanced