Seller is offering 30% ownership for $600,000. The ideal partner will bring a line of credit of at least $2,000,000 to expand the rental portfolio. Current assets include a turnkey 5-unit portfolio in East Hollywood! 4 townhomes + 1 villa in the same association. Near beaches, nightlife & transit. Self-managed associations with NO rental or age restrictions. Units Rent fast and tenants stay "forever". Perfect entry point for a new landlord or as an added value for experienced investors. I will remain as the manager in order to expand the portfolio of properties. The line of credit should be on "soft" terms since you will also enjoy 30% ownership as added equity on the loan.
- Age: 41-50 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Floor Covering: Vinyl
- Floor Covering: Carpet
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: Multiple (see attachment)
- MLSID: F10540940
- Parking Spaces: 7