Thursday, January 3, 2008

Azusa Residential Income $550,000


Units: 5

GSI: $58,800

Year Built: 1936

Property Description: DRIVE BY ONLY. BUYER CHECK W/CITY FOR POSSIBLE USE/BUILDABILILITY. SOLD "AS IS".ALL INFO SEAMED RELIABLE BUT NOT GUARANTEED. SELLER CHOICE OF SERV.SUBJ. TO INSPECTION, 5 PARKING SPACES. #5 IS SINGLE HOUSE. THERE ARE 2 GARAGES FOR OFFICE OR STORERAGE, FENCED BACK YARD. TERMITE AT JULY 2007. CLOSE TO 605 AND 210 FREEWAY. THE BUYER NEEDS TO DO ALL THE REPAIRS AND SELL IT CHEAP. BUYER HAD ALL THE COST ESCROW, TITLE, ALL REPAIRS.

Financial Analysis
Gross Sched Income: $58,800 Operating Exp: $1 Net Operating Income: $1
Total Annual Op Exp: $11,340

Monthly GSI: $4,900
Sep Water Mtrs: 1 Sep Gas Meter: 1 Sep Electric Mtrs: 1
Total Pkng: 5 # of Garages: 2

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