2187-2189 Mentone Blvd

Mentone, CA

Status:

Sold

Close of Escrow: 12/23/2015

Market Time: 1 Month

Total Number of Units: 16

Year Built: 1970

Sale Price: $1,030,000

Price per Unit: $71,875

Price per Square Foot: $100.69

CAP Rate: 7.34%

GRM: 7.87

Downpayment: $402,500

Net Operating Income: $82,203

Rentable Square Feet: 11,420

Lot Size: 1.18 Acres

Unit Type

1Bdr 1Bath

2Bdr 1Bath

No. of Units

4

12

Le Investment Group was pleased to present the Canoga Street apartments. The property is composed of 4 one bedroom / one bathroom units, and 12 two bedroom / one bathroom units.