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4 Units in Los Angeles

5081 Borland Rd, Los Angeles, CA 90032, USA
Sold for$795,000$198,750/Per Unit

Description

PROPERTY HIGHLIGHTS

INVESTMENT HIGHLIGHTS

  • (4) 1-Bed/1-Bath Units Spread Across 2 Buildings
  • Excellent University Hills Location in Proximity to Cal State LA
  • Tenants Enjoy a Gated Entryway
  • Surrounded by Primarily Residential/SFR Properties
  • Property Offers Garage Parking for Each Tenant
  • Proforma GRM: 10.78; Proforma Cap Rate: 6.7%
  • Huge Value Add Potential
  • Huge 70%+ Upside in Rental Income

Kristopher German & Deepen Shah of The Apartment Dealer are pleased to present 5081 Borland Road located in the University Hills Subdivision of Los Angeles. The asset is situated in a primarily residential area surrounded mainly by single-family residences and is in proximity to Cal-State Los Angeles. Tenants enjoy private garage parking as well as a gated entryway. The total of four units are spread across two separate buildings and consist of spacious 1 Bed/1 Bath units. This property offers massive upside in rental income, 70%+, for an investor seeking excellent returns over the years. Each unit is individually metered for gas and electricity. There is minimal landscaping and exterior maintenance required making it easy to operate. The tenants pay for electricity, gas, as well as their own trash and the owner only pays for water and sewer. For an investor seeking a value-add deal with tremendous upside and ease of maintenance, this is the perfect property.

  • Address: 5081 Borland Rd
  • City: El Sereno, Los Angeles
  • State/county: California
  • Zip/Postal Code: 90032
  • Neighborhood: El Sereno
  • Country: United States

Detail

Updated on December 29, 2021 at 5:12 pm

  • Price: Sold for $795,000
  • Property Size: 2215 SqFt
  • Land Area: 5318 SqFt
  • Year Built: 1959
  • Property Type: Multi Family
  • Property Status: Just Sold, Sold

Additional details

  • # of Units: 4
  • Unit Mix: 4 (1+1)
  • Zoning: LARD1.5
  • We Represented: Seller
  • Close of Escrow: 12/29/2021

WalkScore

walkscore59 / Somewhat Walkable more details here

Contact info

Deepen Shah
Deepen Shah
(626) 427-0798
Kristopher German
Kristopher German
(626) 427-0786
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