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6605 S Sherbourne Dr 3,063 SF Specialty Building Offered at $3,322,800 CAD at a 3.50% Cap Rate in Los Angeles, CA 90056

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EXECUTIVE SUMMARY

"Furnished" Residential Income Property near LAX, Silicon Beach ( Playa Vista, Venice Beach). Less than 4 miles to LAX. ~12 miles to downtown Los Angeles, ~10 miles to UCLA, less than 7 miles to the nearest beach. This has been rented out to long term tenants through insurance placement agencies as well as entertainment agencies. Cost Segregation report available upon request.

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,322,800 CAD
Price Per SF $1,084.82 CAD
Sale Type Investment or Owner User
Cap Rate 3.50%
Sale Conditions
1031 Exchange
  • Business Value Included
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.21 AC
Building Size 3,063 SF
No. Stories 1
Year Built/Renovated 1961/2022
Parking Ratio 0.98/1,000 SF
Zoning LCR1YY - Residential

ABOUT 6605 S SHERBOURNE DR , LOS ANGELES, CA 90056

This beautifully renovated 5 bedroom / 4 full bathroom home in Ladera Heights is fully furnished with a well-stocked kitchen, HIGH-SPEED FIOS internet in a close proximity to downtown Culver City, Silicon Beach companies in Venice, Playa Vista, Culver City, Downtown LA. Less than 4 miles to LAX, ~12 miles to downtown LA, ~10 miles to UCLA, less than 7 miles for the nearest Beach. There are total 4 bathrooms on the property. Huge Backyard space. Minimum stay of 30 days or more. Fully Furnished. Two fireplaces on the property. Central AC / Heating. Solar Panels.

  • Listing ID: 33208250

  • Date on Market: 2024-09-17

  • Last Updated:

  • Address: 6605 S Sherbourne Dr, Los Angeles, CA 90056

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