Tuesday, February 19, 2008

Arcadia Residential Income $1,750,000



Total Units: 6


Year Built: 1960

Sqft:
5,992

Financial Analysis
Gross Schedule Income: $97,200
Operating Expense: $23,231
Net Operating Income: $73,969
Total Annual Operating Exp: $31,238
Separate Water Meters: 1
Separate Gas Meters: 7
Separate Electrical Meters: 7

Property Description: VERY DESIRABLE LOCATION IN ARCADIA. 4 UNITS 2 BR 1 BA, 2 UNITS 2 BR 2 BA. OWNER MAINTAINS THE PROPERTY VERY WELL. STABLE TENANTS. GOOD SIZE LOT W/ A SWIMMING POOL. ARCADIA SCHOOL DISTRICT. BUYER TO BE COOPERATIVE W/ SELLER'S 1031 EXCHANGE AT NO COST TO BUYER.

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