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8800 Cedros Avenue #102, Los Angeles, California

$220,0002 Beds2 BathsActive

8800 Cedros Avenue #102, Los Angeles, California 91402
SHAWN LUONG~CENTURY 21 MASTERS - MLS® ID: CV17173608

Property Details

8800 Cedros Avenue #102, Los Angeles, California 91402 - Hurry to see this spacious 2 bed/2 bath condo over 1000 Sq conveniently located in a gated community. One of the Lowest priced condo for the size in the neighborhood. The unit is tenant occupied with a low $1100 per month which has not been increased for years. The median rentals for a 2-bedroom in the neighborhood are $1750. The Gross Rent Multiplier is a low 10.47 as compared to the GRM of 12 in the area. There is no rent control for single family homes and condos in LA. Other units are rented for $1800 per month. The potential cash on cash return is 10+% with 20% down and a 30-year fixed rate of 4.75%. The all-cash return is 6.8%. The unit features open floor plan, separate dining area off the kitchen, a master suite with a 3/4 bath and a walk-in closet. The complex offers a swimming pool, laundry room, with water, trash, building insurance and maintenance included in the HOA dues. The unit comes with 2 carports.

Amenities

  • Zip91402
  • CountyLos Angeles
  • SQFT1002
  • Bedrooms2
  • Full baths2
  • StatusActive
  • Purchase TypeActive
  • Property typeCondo/Townhome
  • School districtLos Angeles Unified
  • Year built1977
  • Lot size48619.0000
  • HeatingCentral Furnace
  • CoolingWall Window
  • ParkingAssigned
  • Office ID1702
  • Agent IDC19517
  • Agent nameSHAWN LUONG
  • MLS® IDCV17173608

Broker: SHAWN LUONG~CENTURY 21 MASTERS

Listing Courtesy of SHAWN LUONG~CENTURY 21 MASTERS

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“I have worked with Chandy Andre for many years. She has represented me in purchasing and in selling homes. She is knowledgeable, skilled in negotiations, helpful with every step in the process, and willing to go the extra mile to help the sale to go through. She keeps in close contact with the client and with other agents and the escrow companies involved. I highly recommend her for personal, conscientious, caring service of all your real estate needs.”

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