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10700 Cushdon Ave

Los Angeles, CA 90064
  • $2,985,000
  • STATUS: Active
  • ON SITE: 501 days
  • ID#: 20-564490
UPDATED: 71 min ago
$2,985,000
  • 5
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,748
    SQFT
  • $796
    $/SQFT
Type:
Multi-Family
Built:
1944
County:

School Ratings & Info

Description

-Lease commenced November 12, 2019 and expires November 12, 2029.- Net income of $152,238 annually, 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

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-31T10:42:34.547. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/104224755
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10700 Cushdon Ave Los Angeles, CA 90064

  • Price: $2,985,000
  • Status: Active
  • Updated: 71 min ago
  • ID#: 20-564490
5
Beds
0
Baths
0
½ Baths
N/A
Acres
3,748
SQFT
$796
$/SQFT
1944
Built
Neighborhood:
Cheviot Hills - Rancho Park
County:
Los Angeles
Area:
Cheviot Hills - Rancho Park
Property Description
-Lease commenced November 12, 2019 and expires November 12, 2029.- Net income of $152,238 annually, 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
Exterior Features

Lot Size Area 7599 Other Structures None Parking Garage Attached Total Parking 4

Interior Features

Baths Total 4.00 Cooling Air Conditioning Equipment DishwasherDryerGarbage DisposalMicrowaveRange/OvenRefrigeratorWasher Heating Central

Property Features

Assessed Total Value 2530000 Gross Income 183600 Gross Operating Income 183600 Like Units1 1 Net Operating Income 152238.00 Number Of Buildings 1 Number Of Units 1 Sale Type Standard Source Living Area Appraiser Source Lot Size Area Vendor Enhanced Total Annual Expense 31362 Type Of Units Residential Year Built Source Other Zoning Lar1

Listing provided courtesy of Edmond Sachse DRE#01021349 of Kennedy Wilson Auction Group.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-31T10:42:34.547. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064