5227 Eagle Dale Ave, Los Angeles, CA, 90041

USD 2,699,000
For Sale

Property Details

Bedrooms

15

Bathrooms

12

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 15 • Bathrooms: 12 • Square Feet: 6491 • Lot/Size: 8,875 sqft lot

Description: 6.2 cap + 12.49 GRM + non rent control + assumable $1.235M loan at 3.9% (principle & interest approx $6250/mo, Buyer to verify). NOT RSO not rent control (Rent Stabilization Ordinance) built in 1989. End owner's 3 bed 3 bath unit is vacant & ready for the new owner to occupy or rent. Real gross income with the vacant owner's unit rented and laundry income is at 6.2 cap at $205,327 today. 2026 rent increases could see $219,192 income by October. Upside is to $238,029 income. Located on the Glendale border with easy freeway access, restaurants, and shops is this well maintained 5 unit apartment building. Each unit is large 3 bedrooms. 2 parking spaces for each unit. End unit has a

Location

Address

5227 Eagle Dale Ave, Los Angeles, CA, 90041

City

Los Angeles

Features and Finishes

Year Built: 1989; [object Object]; [object Object]; [object Object]

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