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    5081 Borland Road

    Los Angeles (City), CA 90032
    • $825,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: CV21159649
    UPDATED: 51 min ago
    $825,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    We are pleased to present 5081 Borland Road located in the University Hills Subdivision of Los Angeles. The asset is situated in a primarily residential area surrounded mainly by single-family residences and is in proximity to Cal-State Los Angeles. Tenants enjoy private garage parking as well as a gated entryway. The total of four units are spread across two separate buildings and consist of spacious 1 Bed/1 Bath units. This property offers massive upside in rental income, 70%+, for an investor seeking excellent returns over the years. Each unit is individually metered for gas and electricity. There is minimal landscaping and exterior maintenance required making it easy to operate. The tenants pay for electricity, gas, as well as their own trash and the owner only pays for water and sewer. For an investor seeking a value-add deal with tremendous upside and ease of maintenance, this is the perfect property.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T09:25:15.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/119553126
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    5081 Borland Road Los Angeles (City), CA 90032

    • Price: $825,000
    • Status: Active
    • Updated: 51 min ago
    • ID#: CV21159649
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1959
    Built
    Neighborhood:
    621 - El Sereno
    County:
    Los Angeles
    Area:
    621 - El Sereno
    Property Description
    We are pleased to present 5081 Borland Road located in the University Hills Subdivision of Los Angeles. The asset is situated in a primarily residential area surrounded mainly by single-family residences and is in proximity to Cal-State Los Angeles. Tenants enjoy private garage parking as well as a gated entryway. The total of four units are spread across two separate buildings and consist of spacious 1 Bed/1 Bath units. This property offers massive upside in rental income, 70%+, for an investor seeking excellent returns over the years. Each unit is individually metered for gas and electricity. There is minimal landscaping and exterior maintenance required making it easy to operate. The tenants pay for electricity, gas, as well as their own trash and the owner only pays for water and sewer. For an investor seeking a value-add deal with tremendous upside and ease of maintenance, this is the perfect property.
    Exterior Features

    Carport Spaces 0 Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 4 Parking Features GarageTandem Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 1 Common Wall

    Property Features

    Additional Parcels YN No Common Interest None Community Features CurbsGutter(S)Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 44508 Gross Scheduled Income 44508 Insurance Expense 886 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 2159 Net Operating Income 24176 New Construction YN No New Taxes Expense 9653 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 18997 Other Expense 600 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 3709 Trash Expense 0 Vacancy Allowance 1335 Water Sewer Expense 5700 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Kristopher German of Re/Max 2000


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T09:25:15.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The Parsons Team | Keller Williams Realty
    251 S. Lake Ave #150
    Pasadena CA, 91101