8 units for sale / westwood

1607-9 greenfield avenue

los angeles , ca 90025

rent information

unit #
bed/bath
location
actual
proforma
features
1609
3/2
lower front

$ 2,800

$ 2,800

remodeled 2005, din./fam. rm, 2 fplcs, pvt. laundry, 2 balconies
#2
1/1
lower middle
936 
1,200 
balcony
#3
1/1
lower middle
829 
1,400 
balcony
#4
2/2
lower rear
1,255 
1,800 

balcony
#5
2/2
upper front
1,604 
1,800 
balcony
#6
2/2
upper middle
1,794 
1,800 
remodeled 2005, balcony
#7
1/1
upper middle

1,378

1,400 
remodeled 2005, balcony
#8
2/2
upper rear
1,872 
1,900 
remodeled 2005, balcony
   
MONTHLY RENT TOTALS
$ 12,468 
$ 14,000 
 
   
ANNUAL RENT TOTALS
$ 149,616 
$ 168,000 
 

 

Information contained herein was obtained from sources deemed to be reliable, but are not guaranteed.

buyer to conduct their own independent purchase analysis.

2006 income & expense information

1607 Greenfield Av, Los Angeles, CA

 

 

 

 

 Year 2006

 

% of Inc.

Income

 

 

 
 

Rental Income

     139,116

 

 
 

Other Income (incl. laundry, late, etc)

         1,699

 

 
 

TOTAL INCOME

     140,815

 

 

Expenses

 

 

 
 

Administrative

         1,023

 

0.7%
 

Landscape/Gardening

         2,170

 

1.5%
 

Management

         7,041

 

5.0%
 

Property Insurance

         2,847

 

2.0%
 

Real Estate Taxes

       12,820

 

9.1%
 

Repairs & Maintenance

         9,778

 

6.9%
 

Replacement Reserves

         5,000

 

3.6%
 

Trash Collection

            980

 

0.7%
 

Utilities

         5,260

 

3.7%
 

TOTAL EXPENSES

       46,919

 

33.3%
 

 NET OPERATING INCOME

       93,896