10786 Missouri AVE Westwood, CA 90025
Active
$4,300,000
8 Units
12 Beds
11 Baths
7,658 Area(sq.ft.)
7,430 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 1 | 1 | 1 | No | $ 2,150 | $ 2,150 | $ 2,750 |
Unit 2 | 1 | 1 | 1 | No | $ 2,250 | $ 2,250 | $ 2,800 |
Unit 3 | 1 | 1 | 1 | No | $ 1,872 | $ 1,872 | $ 2,800 |
Unit 4 | 1 | 3 | 2 | No | $ 3,800 | $ 3,800 | $ 5,500 |
Unit 5 | 1 | 2 | 2 | No | $ 2,800 | $ 2,800 | $ 3,700 |
Unit 6 | 1 | 1 | 1 | No | $ 2,500 | $ 2,500 | $ 2,750 |
Unit 7 | 1 | 1 | 1 | No | $ 2,271 | $ 2,271 | $ 2,750 |
Unit 8 | 1 | 2 | 2 | No | $ 4,200 | $ 4,200 | $ 4,200 |
8 | 8 | 12 | 11 | $ 21,843 | $ 21,843 | $ 27,250 |
MLS #: | SB23162139MR |
Days On Market: | 382 |
County: | Los Angeles |
Property Type: | Residential Income |
Price per ft2: | $ 562 |
Price per unit: | $ 537,500 |
Year Built: | 1963 |
Property Details
Assumable Financing Available! 3.65% Interest Rate Fixed Until Feb 1. 2027. The loan amount is around $1.8M. Very rare to find an asset like this in Westwood, one of the most desired pocket of Los Angeles. You will not find a better price/unit or price/sf in the area. 10786 Missouri Ave is a 8 unit trophy asset located in an A+ area. The subject property is priced at $537k/unit and still has room to improve the income. Once rented for market, 10786 Missouri Ave will operate at a 5.46% CAP and 13.05 GRM. This is the ideal asset for any investor looking for cash-flow and appreciation in one of the nicest neighborhoods in Los Angeles. 10786 Missouri Ave is comprised of (1) 3Bed+2Bath (2) 2Bed+2Bath, and (5) 1Bed+1Bath units. Two units will be delivered vacant. Due to its location, the subject property demands high rents, beneficial to any new buyer. There are 5 tandem parking spots, as well as 2 parking spaces in the rear. Located just minutes away from many shops, restaurants and other entertainment- this is a renter's dream! With a 89 walk score, this property is considered a walker's paradise.Interested in this Listing?
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Income Details
Rent Control: | Yes |
Total Annual Expense: | $ 84,598 |
Net Operating Income: | $ 171,983 |
Cap Rate: | 4% |
Gross Rent Multiplier: | 16.26 |
Structure
Community Features: | Urban |
Sewer: | Public Sewer |
Water: | Public |
Land & Parking
Zoning: | LAR3 |
Land Lease Type: | Fee |
Interior
Laundry: | Inside |
Exterior
Pool: | No |
Detailed Map
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