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L.A. Investment Property For Sale – 4 units 4 plex in prime Santa Monica – Christophe Choo

L.A. Investment Property For Sale – 4 units 4 plex in prime Santa Monica – Christophe Choo

By Christophe Choo Posted Aug 09, 2018

L.A. Investment Property For Sale - 4 units 4 plex in prime Santa Monica - Christophe Choo

1107 Ocean Park Boulevard
Santa Monica, CA 90405

APN: 4284-024-002


Rents and Storage income:

Current Monthly Income: Income as of September 1, 2018
Unit A $2,163.54 A: $2,200.25
Unit B $3,245.00 B: $3,348.25
Unit C $1,916,54 C: $1,916,54
Unit D $3,200.00 D: $3,200.00
Total: $10,525.08 $10,665.04
Total annual income: $126,300.95 $127,980.48

Garage Income:
Garage 1 - $265 two halves $265 $130 & $135
Garage 2 - $240 Vacant at closing
Garage 3 - $240
Garage 4 - $235

Garages $980 per month.
$11,760.00 annually

As of 9/1/2018:
Total annual income: $139,740.48
Annual expenses: - $29,932.32
Annual net income: $109,808.16

15.56 GRM
5.04% Cap Rate

Christophe Choo is in the top 1% of Realtors internationally with 29 years experience as the President & Broker for the Christophe Choo Real Estate Group at Coldwell Banker Global Luxury in Beverly Hills. The Coldwell Banker office is #1 in the United States for 23 years and is the most comprehensive source for luxury real estate listings, from estate homes to luxury condominiums, incredible tear down opportunities and investment properties. Based in beautiful Beverly Hills, California 90210, the Christophe Choo Real Estate Group provides exclusive luxury homes for sale on a local, global and international stage. Hence the tagline: “Locally Known – Globally Connected”. Search for luxury properties in your area, whether in the “Platinum Triangle” areas of the Westside of Los Angeles of Beverly Hills, Holmby Hills and Bel Air or in The Sunset Strip, Hollywood Hills, Brentwood, Westwood, the Wilshire Corridor, Century City, Pacific Palisades, Santa Monica, Malibu, Venice, Marina Del Rey, Cheviot Hills, Hancock Park, Los Feliz and the key Westside areas of Los Angeles, the Christophe Choo is the luxury Realtor that can help you achieve your selling or buying goals in Los Angeles.

Call or email me today! Christophe Choo 310-777-6342
The Christophe Choo Real Estate Group
Coldwell Banker Global Luxury
Beverly Hills Realtor – Luxury Real Estate Agent
Email: [email protected]

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