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    2207 Pelham Avenue

    Los Angeles (City), CA 90064
    • $2,975,000
    • STATUS: Active
    • ON SITE: 147 days
    • ID#: 20564512
    Price Reduced
    UPDATED: 44 min ago
    $2,975,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    2006
    County:

    School Ratings & Info

    Description

    -Lease commenced November 12, 2019 and expires November 12, 2029.-Base rent of 15,000 per month, NNN-2% annual increases -Two (2) five year option periods at market rent but not less than rent in the prior year-Use for operation of a recovery and residential treatment home-Showing upon accepted offer-Do not disturb existing tenant-One of three properties within +-+ mile that can be purchased as a 'bulk sale' or individually--The other two properties are 2203 Overland Avenue Listed at $2,975,000 and 10700 Cushdon Avenue listed at $2,975,000

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-11T20:31:30.66. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

    www.sellinglasouthbay.com/homes/104224322
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    2207 Pelham Avenue Los Angeles (City), CA 90064

    • Price: $2,975,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: 20564512
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2006
    Built
    Neighborhood:
    C05 - Westwood - Century City
    County:
    Los Angeles
    Area:
    C05 - Westwood - Century City
    Property Description
    -Lease commenced November 12, 2019 and expires November 12, 2029.-Base rent of 15,000 per month, NNN-2% annual increases -Two (2) five year option periods at market rent but not less than rent in the prior year-Use for operation of a recovery and residential treatment home-Showing upon accepted offer-Do not disturb existing tenant-One of three properties within +-+ mile that can be purchased as a 'bulk sale' or individually--The other two properties are 2203 Overland Avenue Listed at $2,975,000 and 10700 Cushdon Avenue listed at $2,975,000
    Exterior Features

    Garage Spaces 2.00 Lot Size Units Square Feet Parking Features Garage - Two Door Parking Total 2.00 Parking YN Yes

    Interior Features

    Heating Central Heating YN Yes

    Property Features

    Gross Income 180000.00 Gross Multiplier 18.87 Gross Operating Income 180000.00 Net Operating Income 152890.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 23990.00 Zoning Lar1

    Listing provided courtesy of Edmond Sachse of Kennedy Wilson Auction Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-11T20:31:30.66. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor
    28901 S. Western Avenue #139
    Rancho Palos Verdes CA, 90731