Remarks:
Incredible location just one block of the fashionable Melrose Place,
gorgeous French Normandy style building. Well maintained by long term
owners. Front building is 4 units, all with 2 bedrooms & 1 bath,
two upper units and two lower units. Rear building has a 4 car garage
below and 2 studio units above. Light and bright units with hardwood
floors, crown moldings, some with bay windows & recessed lights,
good closets and storage. Spacious back yard area with gates. A really
terrific opportunity that you don't want to miss. PLEASE DO NOT DISTURB OCCUPANTS.
Front building is 4 units as follows:
Unit #1 - 2 bedrooms 1 bath - Rented for $1,650 (1 year lease)
Unit #2 - 2 bedrooms 1 bath - Rented for $1,650 (1 year lease)
Unit #3 - 2 bedrooms 1 bath - Vacant $1,650 (projected rent)
Unit #4 - 2 bedrooms 1 bath - Owner's son: $1,750 (projected rent)
Owner son would like to remain in his unit for 30 days after the close of escrow.
Rear building (2 single units above the 4 car garage)
Unit #5 - Single unit with full kitchen & bath - rented for $750.00 per month. ( 1 year lease)
Unit #6 - Single unit with full kitchen & bath - rented for $500.00 per month.
4 car parking garage currently used by the owner and will be delivered vacant at the close of escrow.
All tenants current park on the street and no off street or garage spaces included in the rents.
There is a laundry room off the garage with a coin operated washer & dryer.
Tenants pay for their own gas & electric.
One single unit gas & electric is included
Expenses as follows:
Insurance: $2,162 annually.
Gas: $442 annually.
Gardener: $1,935 annually.
Water & Power: $2,162 annually.
Please check out our website at: www.ChristopheChoo.com
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