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60 Units in Downtown Los Angeles
Listing Price: $8,200,000 NEGOTIABLE
Property Size: 23,280 Sqft
Current ROI before expenses: 7.5%
The Casa Loma, is a 60-unit apartment community/hotel in the rapidly developing South Park district of Downtown Los Angeles. The property consists of 60 units above 4 retail stores. Buyer has the option to continue to operate as rent-controlled apartments or investigate returning the property to original use. The property is metered for both gas and electric. Systems upgrades include a newly-installed elevator, copper plumbing, and updated electric.
9 Units in Mid Wilshire / Los Angeles
Listing Price: $1,895,000 NEGOTIABLE
Property Size: 5,621 Sqft
Current ROI before expenses: 6.3%
HUGE PRICE REDUCTION! Best Price in Korea Town! Earthquake Retrofitting included. New increased rent rate has been applied. Currently being used as 10 units – 7 1BD+1BA, 2 2BD+1BA, and one studio. Each unit is well maintained with great tenants. Seven separate garage spaces. Separately metered gas and electric. Close to public transportation restaurants, market, and school.
30 Units in Downtown Los Angeles
Price: $7,500,000 NEGOTIABLE
Property Size: 24,096 Sqft
Current ROI before expenses: 7%
The property represents a very desirable asset in the Downtown Los Angeles sub-market. The building has been reinforced and upgraded in compliance with the latest city regulations, and is comprised of a remarkable unit mix, consisting of 21 studio units, 9 1BD + 1BA units, and a 6,000 SF basement. The investment boasts spacious floor plans, secured gated entry, an on-site laundry room for additional income, and individually metered for gas and electricity.
Robert is an active realtor and real estate developer with over five years of experience in residential real estate transactions representing a diverse group of buyers and sellers. Robert is a highly motivated individual who possesses a strong work ethic and is dedicated to his clients.
Born and raised in Taiwan, Robert moved to Arcadia, California at the age of thirteen. His strong interest in real estate and construction began shortly thereafter. His passion to design and build things ultimately led him to receive a Bachelor of Science degree in construction engineering from the California State Polytechnic University, Pomona.