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    5818 S Mansfield Avenue

    Windsor Hills, CA 90043
    • $1,790,000
    • STATUS: Pending
    • ON SITE: 32 days
    • ID#: PW21144454
    Pending
    UPDATED: 22 min ago
    $1,790,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    We are please to present one of four 4plexes in 90043 over 5,000 SF in 90043. XXL Units with Tremendous Upside in Rents. Rare Opportunity with 25% Vacancy. Incredible Hilltop Views, Well Maintained Pool, Onsite Parking & Coin-Op Laundry. Over 5% Cap Rate on Current - Over 6% Cap Pro Forma. 100% 3bed 2bath Units Averaging 1,257 square feet. Irreplaceable Windsor Hills Location with Unobstructed Hilltop Views. Three 2-car Garages onsite. Amenities include Pool and On-site Laundry for Tenants Enjoyment. Roof Repairs Completed in 2021. Ability to convert garages to one additional ADU unit, buyer to verify. Seller Open to carrying a 1st Trust Deed

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T23:29:32.043. 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/118959003
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    5818 S Mansfield Avenue Windsor Hills, CA 90043

    • Price: $1,790,000
    • Status: Pending
    • Updated: 22 min ago
    • ID#: PW21144454
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1964
    Built
    Neighborhood:
    Wind - Windsor Hills
    County:
    Los Angeles
    Area:
    Wind - Windsor Hills
    Property Description
    We are please to present one of four 4plexes in 90043 over 5,000 SF in 90043. XXL Units with Tremendous Upside in Rents. Rare Opportunity with 25% Vacancy. Incredible Hilltop Views, Well Maintained Pool, Onsite Parking & Coin-Op Laundry. Over 5% Cap Rate on Current - Over 6% Cap Pro Forma. 100% 3bed 2bath Units Averaging 1,257 square feet. Irreplaceable Windsor Hills Location with Unobstructed Hilltop Views. Three 2-car Garages onsite. Amenities include Pool and On-site Laundry for Tenants Enjoyment. Roof Repairs Completed in 2021. Ability to convert garages to one additional ADU unit, buyer to verify. Seller Open to carrying a 1st Trust Deed
    Exterior Features

    Lot Features 0-1 Unit/AcreBack YardGardenNear Park Number Of Separate Electric Meters 4 Parking Total 6 Pool Features CommunityFenced Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Cap Rate 5.52 Common Interest None Community Features BikingCurbsDog ParkHikingNear National ForestStorm Drain(S)Street LightsSidewalksParkPool Electric Expense 1266 Fuel Expense 0 Garage YN Yes Gross Income 1200 Gross Scheduled Income 133800 Insurance Expense 2011 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalFhaOwner Will CarryOwner May CarryPrivate Financing Available Maintenance Expense 2200 Net Operating Income 98727 New Construction YN No New Taxes Expense 23008 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 32259 Pest Control Expense 200 Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Trash Expense 1266 Vacancy Allowance Rate 3 Water Sewer Expense 1266 Water Source Public Zoning Lcr3yy

    Listing provided courtesy of Shane Young of Dan Lewin, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T23:29:32.043. 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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    Pasadena CA, 91101