7 Los Angeles Apartments 4-sale By Owner

Updated & cashflowing 7- unit building for sale by owner in LA
(Wilmington Area) We have owned this 7-unit for several years - it’s been renovated, it’s stabilized, and it comes with some upside

•⁠ ⁠Strong Cash Flow: ~$177,648 annual income; ±7.10% cap rate; ±7.52% cash-on-cash return

•⁠ ⁠Stable Financing: ~1.20x debt coverage supports cash flow stability

•⁠ ⁠ADU Upside: ±760 SF two-bedroom, two-bath
ADU plans included for future income growth

•⁠ ⁠Attractive Value: ±8.98 GRM; competitive price per unit vs replacement cost

•⁠ ⁠Turnkey Condition: 2023 renovation & 2024 upgraded electrical systems minimize near-term capex

•⁠ ⁠Expense Control & Operational Efficiency: Separately metered gas and electricity reduce owner-paid utilities Local management in place , we went through a lot of management companies before we finally found a local management company we like and trust

But it now and cash flow it Build an ADU unit and increase the value tremendously

Email me (the owner) directly Garrison@investNOWcapital.com and we will send you more Info, photos, & financials on this investment opportunity

1031 possible, we may be willing to hold a small note on this one but the goal is to cash out as we focus all of our time and attention on assisted living facilities we have purchased