Park View Apartments

360 E. Erna Ave. | La Habra, CA

• Asphalt Driveway in Need of Repair/Replacement • Landscape is Outdated and in need of Upgrade, Palm Tree Dead Frawns Need Removed • Building Exterior is Dated / Remove Wood Planks in Front of Building, Repair Stucco, Facia & Paint • Carport Roofs will Soon Require Replacement • 2nd Story Decks Need Repair / Re-coated to match • 2nd Floor Railings will Likely need Replacement By Most Insurance Carriers (Gaps too large)

Units:21
Year Built:1962
Price:$2,000,000
Down Payment:$2,000,000 (100%)
Per Unit Price:$95,238
Per Square Foot Price:$124
GRM:7.5
Cap Rate:7.5%
Cash Flow:$149,265
Mix:1BR+1BA(9), 2BR+1BA(10), 2BR+1BA+Den(2)

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