Office building in South-Eastern Los Angeles

Photos available on request

Office building in South-Eastern Los Angeles

4,950,000 $
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Total area: 2,166 m² Yield: 5.0%
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Features
  • Absolute return: 224,482 €
  • Land area: 3,333 m²
  • 3-floor building
  • Percentage of the rented area: 95%
  • 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 objects

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

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 3% annually
    • Construction site audits
    • Management company services