Transcript
Page 1: Las Orquideas Pro-Forma...Las Orquideas - Hollywood, CA Property Information Financial Information Units 9 Price $14,975,000 Year Built 1929 / 2019 Price/Unit $1,663,889 Gross Sqft

FINANCIALS / PRO-FORMALas Orquideas - Hollywood, CA

Property Information Financial InformationUnits 9 Price $14,975,000Year Built 1929 / 2019 Price/Unit $1,663,889Gross Sqft 10,573 NOI $687,211Lot Sqft 15,134 Cap Rate*** 4.59%APN 5549-017-018Bed Count 18Bath Count 15Garage Count 14Additional Parking 14Monthly Rent Schedule

Unit # Type SqFt Actual Market*1901 1 Bed / 1 Bath 1,394 $6,000 $5,000

1901.5 2 Bed / 1 Bath 1,017 $6,5001903 1 Bed / 1 Bath 1,007 $5,2001905 3 Bed / 2 Bath 1,472 $8,500 $7,6006907 2 Bed / 2 Bath 1,261 $6,850

6907.5 2 Bed / 1 Bath 925 $6,2006909 2 Bed / 2 Bath 1,200 $6,500 $6,750

6909.5 2 Bed / 1 Bath 891 $6,2006911 3 Bed / 3 Bath 1,341 $8,000 $7,800

Flex Space 0 Bed / 1 Bath 562 $3,000Total Income Monthly $29,000 $61,100

Annual $733,200Expenses (actual annual) Monthly Annual AnnualElectric & Water $922 $11,060 Total Expenses $45,989Garden Service $350 $4,200 Expense/Unit $5,110Insurance $626 $7,515Property Taxes** $1,834 $22,004Pest Prevention $101 $1,210Total $3,832 $45,989 NOI $687,211

* projected based on unfurnished 1-year+** Mills Act Property Tax Reduction Rate*** calculated on projected

Recommended