3765 S SEPULVEDA BOULEVARD, LOS ANGELES, CA 90034

  • Lot Size: 5,148 sqft
  • Built in 1957
  • MLS #20656724
For Sale $2,600,000

Description

Property has been renovated with a newly completed top-to-bottom renovation program leaving no detail overlooked. Concluding just this year, investors can expect to enjoy substantial rent growth and appreciation as a direct result of the high-quality luxury finishes and appointments. In light of recent events surrounding the COVID-19 outbreak, 3765 Sepulveda remains operationally strong, boasting 100% rent collections throughout the fully-occupied building. Pairing current interest rates of 3.20% (5-year fixed) with the property's 4.25% in-place cap rate yields cash-on-cash returns beyond 6% upon close of escrow - a generous return compared to other low risk investments in the marketplace. Contact listing agent for more information.

FACTS / FEATURES

  • Built in 1957
  • Lot Size: 5,148 sqft
  • Heating: Forced Air

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Listing Provided by Gregory Harris, The Harris Group
Based on information from California Regional Multiple Listing Service, Inc. as of December 4, 2020. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.