11224 Richland Ave Financial Summary

This document provides an overview of an investment property located at 11224 Richland Ave in Los Angeles, CA. The property consists of 6 units (1 three-bedroom unit, 4 two-bedroom units, and 1 single-family home). It is currently rented at $1,756 per month on average but could achieve $1,942 per month at market rates. The listing price is $1,525,000 with $477,251 down payment and $1,047,749 loan amount. The net operating income is estimated at $99,115 per year. The property is an apartment complex in turnkey condition with upside potential and excellent location.