Office building in South-Eastern Los Angeles

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Office building in South-Eastern Los Angeles

$4,950,000
$2,285 /m²
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  • Total area
    2,166 m²
  • Yield
    5.0%
Details
Property parameters
  • Land area: 3,333 m²
  • 3-floor building
Financial performance
  • Annual income: $240,072
Tenants
  • Occupancy: 95%
Transaction costs
  • Broker: 2.0%

It is an office building investment situated in the heart of a commercial district.

Description

The total area of the three-storey building is 2,166 m².

The plot of 3,333 m².

The property exterior and interior have been recently renovated, as well as new bathrooms have bee installed on all floors.

95% of the areas are leased out.

Financial performance

Absolute income is 247,500 $.

The current yield of 5%.

Broker's fee of 2%.

Location and nearby infrastructure

The property is situated in the commercial district of Downey, just 20 km from downtown LA.

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    Marina Filichkina
    Marina Filichkina,
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