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.