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Browse More Listings in Multifamily For Sale, Los Angeles, CA or California

Multifamily Property For Sale

Mesa Apartments

6109 Mesa Ave, Los Angeles, CA 90042

Price:
$1,195,000
No. Units:
10
Building Size:
9,128 SF
Price/Unit:
$119,500
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
5.62%
Occupancy:
100%
No. Stories:
2
Tenancy:
Multiple
Year Built:
1964
Lot Size:
10,019 SF
Find Out More...

Last Verified 11/12/2009 Listing ID 16185332

Description

The building is 9,128 sf. on a 10,019 sf. lot. Subject property consists of a 10 unit apartments. 9; 2bd+1ba & 1; 3bd+1bd. Separate electric meters for each unit. The building is a wood frame with a pitched roof. There is on-site parking. Units are 2 story townhouses style very spacious. Laundry room; The property is very well maintained

The property is located in northeast side of Los Angeles in the Eagle Rock vicinity with great recreational parks. Located just south of York Blvd. Easy freeway access to the 110 Freeway. It is centrally located to Pasadena, Glendale, and Downtown Los Angeles. Local shopping, food courts, and automotive services along York Blvd.

Financial Summary

Unit Mix Information

Debt & Equity Information

Actual
Year
2009
Scheduled Gross Income
$154,680
Effective Gross Income
$152,360
Operating Expenses
$40,500
Net Operating Income
$111,860
Pre-Tax Cash Flow
$51,488

Description	No. Units	Avg. Mo. Rent	Sq. Ft.
2bd+1.5ba	9	$800	9,128
3bd-1.5ba	1	$997	9,128

Map of 6109 Mesa Ave, Los Angeles, CA 90042 (Los Angeles County)

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David Yashar (213) 233-4370

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Created 4/8/2009

Additional Information for 6109 Mesa Avenue, Los Angeles, CA 90042

Active For Sale - 2 Listings
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Mesa Apartments

6109 Mesa Ave, Los Angeles, CA, 90042