Listed by HomeSmart ICARE Realty
$815,371
Howe Ave #700
Details
APN 29400600070003
Property Type Office
Sub Type Creative Office
Square Footage 4,514
Net Rentable (SqFt) 4,514
Units 3
Cap Rate 9.49%
NOI $77,400
Occupancy 100%
Tenancy Multi
Lease Type Gross
Rent Bumps No
Price per SqFt $181
Broker Co-Op Yes
Class C
Year Built 1972
Year Renovated 1995
Stories 1
Zoning BP(Business Professional)
Parking Spaces spaces
Investment Type Sale/Leaseback
Occupancy Date 05/24/2010
Sale Condition For sale by owner
Gross annual income $92340 HOA $895/month
Marketing description
Gross annual income $81792, 100% fully occupied,
3 units easy to manage. Hair Salon, Nail Salon and Church
HOA $895/month includes exterior roof & walls with parking, gas included.
NOI $57076/Year, CAP 7.07% is exceptional for office building 100% Occupancy.
Investment highlights
Gross annual income $81792, 100% fully occupied,
3 units easy to manage. Hair Salon, Nail Salon and Church
HOA $895/month includes exterior roof & walls with parking, gas included.
NOI $57076/Year, CAP 7.07% is exceptional for office building 100% Occupancy.
Listing Contacts
Listed by HomeSmart ICARE Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$77,400.00
$6,450.00/mo
Valuation Metrics
0
DSCR
9.49%
Cap Rate
9.49%
ROI
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