11445 oxnard staplagroup.com/property/file/property_details_146.pdf14.32 grm & 4.36% cap rate...

EXCLUSIVELY LISTED BY APLA GROUP

PRICE: INVESTMENT HIGHLIGHTS:Great North Hollywood Location Does Not Require Soft-Story Seismic Retrofitting

Unit Mix: 4-1+1 | 2-2+1 Garage Parking for Each Unit

14.32 GRM & 4.36% Cap Rate On-Site Laundry

Individually Metered for Gas & Electric 50% Copper Plumbing

PRESENTED BY:

12001 VENTURA BLVD MICHAEL PESCI JAMES ANTONUCCISUITE #404 VP OF INVESTMENTS VP OF INVESTMENTSSTUDIO CITY, CA 91604 BRE # 01274379 BRE # 01822661

(818) 432-1627 (818) [email protected] [email protected]

11445 Oxnard StNORTH HOLLYWOOD, CA

$1,275,000

KW COMMERCIAL

6 UNITS ON OXNARD ST

Price:Down Payment: $535,500

Units: 6Cost per Unit: $212,500

Current GRM: 14.32 Seller Carry

Current CAP: 4.36%Market GRM: 10.26

Market CAP: 6.88%

Age: 1952

Lot SF: 10,115

Building SF: 3,888

Price per SF: $327.93

Zoning: R3

First Loan Amount: $739,500

Terms: 30 Years (5-Year Fix)

Monthly Payment: $3,747

Scheduled Gross Income:Less Vacancy Rate Reserve: 3.0% 3.0%

Gross Operating Income:

Less Expenses: 34.6% 26.4%

Net Operating Income:Less Loan Payments: 1.24

Pre-Tax Cash Flow: 2.0% 8.0%

Plus Principal Reduction:

Total Return Before Taxes: 4.2% 10.2%

# OF RENT RENT TOTAL Insurance: $1,166 UNITS PER UNIT PER UNIT INCOME

4 $935 $1,500 $6,000 Maintenance: $3,455

2 $1,560 $1,900 $3,800 Rubbish: $1,080

Reserves: $1,200

Landscaping: $600

Pest Control: $540

Total Scheduled Rent: $9,800

Laundry: $220

Parking, Storage, Misc: $340 Total Expenses: $30,819

Monthly Scheduled Gross Income: $10,360

Annual Scheduled Gross Income: $124,320 Per Unit: $5,136

MICHAEL PESCI & JAMES ANTONUCCIVP OF INVESTMENTS & VP OF INVESTMENTSBRE # 01274379 & BRE # 01822661(818) 432-1627 & (818) 432-1513

$220

$340

Per SF: $7.93$7,421

$89,046

Off-Site Mgmt: -

$6,861

1+1 $3,741

2+1 $3,120

$6,840

$22,521 $54,684

PROPERTY RENTAL INFORMATION ESTIMATED EXPENSES

UNIT MIX CURRENT PRO-FORMATaxes: (new) $15,938

UNIT TOTALTYPE INCOME Utilities:

44,963 44,963

$10,593 $42,75511,929 11,929

86,375 120,590

30,819 32,872

$55,556 $87,719

2,671 3,730

INVESTMENT SUMMARY

$1,275,00042%

Great North Hollywood LocationUnit Mix: 4-1+1 | 2-2+1

Does Not Require Soft-Story Seismic Retrofitting14.32 GRM & 4.36% Cap Rate

PROPOSED FINANCING

4.50%

ANNUALIZED OPERATING DATA

CURRENT PRO-FORMA

$89,046 $124,320

6 UNITS ON OXNARD ST

RENT ROLL

UNIT CURRENT MARKETTYPE RENT RENT

1 1+1 $636 $1,500

2 1+1 $1,494 $1,500

3 2+1 $1,803 $1,900

4 1+1 $993 $1,500

5 1+1 $619 $1,500

6 2+1 $1,317 $1,900

$6,861 $9,800


TOTAL:

UNIT #

6 UNITS ON OXNARD STPHOTOS


6 UNITS ON OXNARD STAERIAL VIEW


6 UNITS ON OXNARD STPARCEL MAP


6 UNITS ON OXNARD STSTREET MAP


11445 oxnard staplagroup.com/property/file/property_details_146.pdf14.32 grm & 4.36% cap rate...

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