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EXCLUSIVELY LISTED BY APLA GROUP
PRICE: INVESTMENT HIGHLIGHTS:Great Torrance Location High Demand Rental Location
On-Site Parking Lack of Inventory on Market
18.32 GRM & 3.00% Cap Rate In-Unit Laundry for 6 Units
Unit Mix: 1-2+1 | 6-2+1.5 | 1-3+1 Subject to Rent Control
PRESENTED BY:
MICHAEL PESCI JAMES ANTONUCCI OLIVIA GONZALEZVP OF INVESTMENTS VP OF INVESTMENTS EMPIRE WESTBRE # 01274379 BRE # 01822661 BRE # 02008104(818) 432-1627 (818) 432-1513 (818) 982-1220MIKE@APLAGROUP.COM JAMES@APLAGROUP.COM OLIVIA@EMPIREWESTREALTY.COM
1543-49 W. 206th StTORRANCE, CA
$1,750,000
1543-49 W. 206TH ST
Price:Down Payment: $1,750,000
Units: 8Cost per Unit: $218,750
Current GRM: 18.32 Seller Carry
Current CAP: 3.00%Market GRM: 9.50
Market CAP: 7.62%
Age: 1952
Lot SF: 14,001
Building SF: 7,624
Price per SF: $229.54
Zoning: RD1.5
First Loan Amount: -
Terms: 30 Years (5-Year Fix)
Monthly Payment: -
Scheduled Gross Income:Less Vacancy Rate Reserve: 3.0% 3.0%
Gross Operating Income:
Less Expenses: 42.0% 24.6%
Net Operating Income:Less Loan Payments:
Pre-Tax Cash Flow: 3.0% 7.6%
Plus Principal Reduction:
Total Return Before Taxes: 3.0% 7.6%
# OF RENT RENT TOTAL Insurance: $2,668 UNITS PER UNIT PER UNIT INCOME
1 $1,800 $1,850 $1,850 Maintenance: $3,243
6 $870 $1,850 $11,100 Rubbish: -
1 $939 $2,400 $2,400 Reserves: $1,600
Landscaping: $600
Pest Control: $540
Total Scheduled Rent: $15,350
Laundry:
Parking, Storage, Misc: Total Expenses: $40,127
Monthly Scheduled Gross Income: $15,350
Annual Scheduled Gross Income: $184,200 Per Unit: $5,016
MICHAEL PESCI, JAMES ANTONUCCI, & OLIVIA GONZALEZVP OF INVESTMENTS, VP OF INVESTMENTS, & EMPIRE WESTBRE # 01274379, BRE # 01822661, & BRE # 02008104(818) 432-1627, (818) 432-1513, & (818) 982-1220
Per SF: $5.26$7,961
$95,532
Off-Site Mgmt: -
$7,961
2+1 $1,800
2+1.5 $5,222
3+1 $939
$9,600
$52,539 $133,387
PROPERTY RENTAL INFORMATION ESTIMATED EXPENSES
UNIT MIX CURRENT PRO-FORMATaxes: (new) $21,875
UNIT TOTALTYPE INCOME Utilities:
- -
$52,539 $133,387- -
92,666 178,674
40,127 45,287
$52,539 $133,387
2,866 5,526
INVESTMENT SUMMARY
$1,750,000100%
Great Torrance LocationUnit Mix: 1-2+1 | 6-2+1.5 | 1-3+1
High Demand Rental Location18.32 GRM & 3.00% Cap Rate
PROPOSED FINANCING
3.75%
ANNUALIZED OPERATING DATA
CURRENT PRO-FORMA
$95,532 $184,200
1543-49 W. 206TH ST
RENT ROLL
UNIT SECURITY CURRENT MARKETTYPE DEPOSIT RENT RENT
1543 - 1 2+1.5 - $931 $1,850
1543 - 2 2+1.5 - $705 $1,850
1543 - 3 2+1.5 $300 $877 $1,850
1545 SFR 2+1 $1,750 $1,800 $1,850
1547 - 1 2+1.5 - $903 $1,850
1547 - 2 2+1.5 - $903 $1,850
1547 - 3 2+1.5 $300 $903 $1,850
1549 SFR 3+1 - $939 $2,400
$2,350 $7,961 $15,350
MICHAEL PESCI, JAMES ANTONUCCI, & OLIVIA GONZALEZVP OF INVESTMENTS, VP OF INVESTMENTS, & EMPIRE WESTBRE # 01274379, BRE # 01822661, & BRE # 02008104(818) 432-1627, (818) 432-1513, & (818) 982-1220
TOTAL:
UNIT # NOTES
1543-49 W. 206TH ST
PHOTOS
MICHAEL PESCI, JAMES ANTONUCCI, & OLIVIA GONZALEZVP OF INVESTMENTS, VP OF INVESTMENTS, & EMPIRE WESTBRE # 01274379, BRE # 01822661, & BRE # 02008104(818) 432-1627, (818) 432-1513, & (818) 982-1220
1543-49 W. 206TH ST
PHOTOS
MICHAEL PESCI, JAMES ANTONUCCI, & OLIVIA GONZALEZVP OF INVESTMENTS, VP OF INVESTMENTS, & EMPIRE WESTBRE # 01274379, BRE # 01822661, & BRE # 02008104(818) 432-1627, (818) 432-1513, & (818) 982-1220
1543-49 W. 206TH ST
PHOTOS
MICHAEL PESCI, JAMES ANTONUCCI, & OLIVIA GONZALEZVP OF INVESTMENTS, VP OF INVESTMENTS, & EMPIRE WESTBRE # 01274379, BRE # 01822661, & BRE # 02008104(818) 432-1627, (818) 432-1513, & (818) 982-1220
1543-49 W. 206TH ST
PHOTOS
MICHAEL PESCI, JAMES ANTONUCCI, & OLIVIA GONZALEZVP OF INVESTMENTS, VP OF INVESTMENTS, & EMPIRE WESTBRE # 01274379, BRE # 01822661, & BRE # 02008104(818) 432-1627, (818) 432-1513, & (818) 982-1220
1543-49 W. 206TH ST
PHOTOS
MICHAEL PESCI, JAMES ANTONUCCI, & OLIVIA GONZALEZVP OF INVESTMENTS, VP OF INVESTMENTS, & EMPIRE WESTBRE # 01274379, BRE # 01822661, & BRE # 02008104(818) 432-1627, (818) 432-1513, & (818) 982-1220
1543-49 W. 206TH STAERIAL VIEW
MICHAEL PESCI, JAMES ANTONUCCI, & OLIVIA GONZALEZVP OF INVESTMENTS, VP OF INVESTMENTS, & EMPIRE WESTBRE # 01274379, BRE # 01822661, & BRE # 02008104(818) 432-1627, (818) 432-1513, & (818) 982-1220
1543-49 W. 206TH STPARCEL MAP
MICHAEL PESCI, JAMES ANTONUCCI, & OLIVIA GONZALEZVP OF INVESTMENTS, VP OF INVESTMENTS, & EMPIRE WESTBRE # 01274379, BRE # 01822661, & BRE # 02008104(818) 432-1627, (818) 432-1513, & (818) 982-1220
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