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6 units SOLD FEBRUARY 13, 2008 Sales Price $2,200,000, 2.7% CAP Rate , $366,667 Per Unit
9100 Alden Avenue & 101 S. Doheny Drive, Los Angeles, CA 90048
Building is 6,444 sq. ft Lot size is 6,752 sq. ft corner lot
Unit Mix
2 - 2 bedroom 1 bath
4 - 1 bedroom 1 bath
ONCE IN A LIFETIME OPPORTUNITY TO BUY A 6 UNIT APARTMENT BUILDING IN PRIME LOCATION ACROSS THE STREET FROM BEVERLY HILLS. POSSIBLE POTENTIAL FUTURE DEVELOPMENT SITE. ALL TENANTS ON MONTH TO MONTH. ZONED {Q}R4-1-0 PLEASE DO NOT DISTURB TENANTS.
SOUTHWEST CORNER OF DOHENY AND ALDEN 1 BLOCK FROM BEVERLY BOULEVARD AND ACROSS THE STREET FROM BEVERLY HILLS. CLOSE TO EVERYTHING
Exclusively Listed by Terri Baron (818) 207-4880 cell & Gigi Katsenes (818) 800-0922 cell of T&G Real Estate, Inc. (818) 993-5400 Office
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- 43 UNIT APARTMENT BUILDING SOLD 6/30/2009 SALES PRICE $3,290,000
808 E. Pine Street, Compton, CA 90220
Building is 25,028 sq. ft Lot size is 1 acre
Unit Mix
5 - 2 bedroom 1 bath
38 - 1 bedroom 1 bath
Great Opportunity to continue improving a solid, bread & butter property. Cap rate of 8+ based on proforma. Many units were recently remodeled and leased at good rents. There's a proven 20% upside in rents for long term residents. No rent control. Strong, new, professional management. Central courtyard with landscaped planters and storage shed. (former pool has been removed.) Laundry room on ground floor. Fully fenced, with electric gate. Garage and secured carport parking. Master metered for electric and gas.Developing area of Compton. Close to new commercial development at Long Beach & Rosecrans. New Condos being built next door.
Exclusively Listed by Terri Baron (818) 207-4880 cell & Gigi Katsenes (818) 800-0922 cell of T&G Real Estate, Inc. (818) 993-5400 Office
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2007 SOLD PROPERTIES
8379-8389 W. 3rd Street
Los Angeles, CA
6 Retail Stores SOLD February 14, 2007 Sales Price $4,160,000
Building Size: 6,889 SF
Lot Size: 10,934 SF
Occupancy: 100%
Price: $4,160,000
Potential Development Site on the North East Corner of 3rd Street & Orlando 8379-8389 W. 3rd Street & 138-140 S. Orlando (Gallery
Brown) adjacent to West Hollywood and close to The Grove and Farmers Market. The subject property includes 10,934 square feet and
the present improvements are 6 retail stores containing a total of 6,889 sqaure feet of improvements. Currently, this is the only property
available for sale on 3rd Street in this hot, hot area. This is the first time this property has been on the market in 50 years.
Location Description
North East Corner of 3rd Street & Orlando adjacent to West Hollywood and close to The Grove and Farmers Market. DO NOT
DISTURB TENANTS OR MAKE ANY INQUIRIES OF THEM ABOUT THE PROPERTY.
Exclusively Listed by Terri Baron (818) 207-4880 cell & Gigi Katsenes (818) 800-0922 cell of T&G Real Estate, Inc. (818) 993-5400 Office
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CLIENTS 1031 PROPERTIES PURCHASED COOPERATIVELY WITH LOCAL AGENTS
2007 PURCHASE CLOSINGS
RESORT WHITEFISH, MONTANA $1,990,000
SHOPPING CENTER MEMPHIS, TN $1,473,500
2008 PURCHASE CLOSINGS
PURCHASE OF RETAIL STOREFRONT IN DOWNTOWN WHITEFISH, MT $600,000 March 2008
PURCHASE OF MIXED USE RETAIL STOREFRONT, APT UNITS & RESTAURANT,
WHITEFISH, MT $1,400,000 March 2008
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