Investment Summary
6146-6150 Hazelhurst Place
North Hollywood, CA 91606
Summary
Sold Price:
Down Payment:
Number of Units:
Cost per Legal Unit:
Current GRM:
Market GRM:
Current CAP:
Market CAP:
Approx. Age:
Approx. Lot Size:
Approx. Gross SF:
Cost per Net GSF:
30%
$
$
2,145,000
643,500
22
$97,500
9.70
8.16
6.34%
8.43%
1952
32,638
14,203
$151.02
Financing
New First Loan:
Interest Rate:
Amortization:
Monthly Payment:
$1,501,500
4.50%
30
$7,607.88
Prime North Hollywood Location
Located on 2 Parcels - Over 30k SF Lot
Over 24 Parking Spaces
Blocks to NoHo Arts District
Angel City Investments
Brett Boston & Hilary Brody
213.373.3250
www.angelcityinvestments.com
Annualized Operating Data
Current Rents
221,244
(11,062)
210,182
(74,183)
135,999
(91,295)
44,705
24,612
69,317
Scheduled Gross Income:
Less Vacancy Rate Reserve:
Gross Operating Income:
Less Expenses:
Net Operating Income:
Less Loan Payments:
Pre-Tax Cash Flow:
Plus Principal Reduction:
Total Return Before Taxes:
Market Rents
262,800
(7,884)
254,916
(74,183)
180,734
(91,295)
89,439
24,612
114,051
5.0%
33.5%
6.9% *
10.8% *
3.0%
28.2%
13.9% *
17.7% *
* As a percent of the down payment
Scheduled Income
No.
of Units
18
4
Bdrms/
Baths
1+1
2+1
Estimated Annualized Expenses
Current
Rents
$
$
788
1,059
Current
Monthly Income
$
14,200
$
4,237
Proforma
Rents
$
950
$
1,200
Proforma
Monthly Income
$
17,100
$
4,800
Total Scheduled Rent:
$
18,437
$
21,900
Laundry Income
Monthly Scheduled Gross Income:
Annual Scheduled Gross Income:
$
150
$18,437
$221,244
$
150
$21,900
$262,800
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to
the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Taxes: Rate
1.25%
Insurance
Utilities
Pest
Maintenance
Waste
Landscaping
Management
Total Expenses:
Per Net Sq. Ft.:
Per Unit:
$
$
$
$
$
$
$
$
$
26,813
4,970
18,250
900
9,750
2,100
900
10,500
74,183
$5.22
$3,371.93
Historical archive . public document