REVISED UNDER NEW DIRECT MANAGEMENT. Seller offers this exceptional property with no 1031 conditions. Seller may consider a seller carryback with a first trust deed only. Buyer must present financials and have a good commercial real estate investment portfolio. Seller can offer 5, 7, or 10 year interest only note at competitive rates depending on down payment criteria. This building has 14 subteranian parking spots, access from back entry, "sub-teranian parking WITH automatic security gate, ground, 2 nd floor, and rooftop income" serviced by elevator. Building now has 100% occupany. This property is LAC2 with many zoning development opportunities available that meet ZIMAS and code standards. SubTeranian Garage is sprinklered. *GLA Subject to verification. Current annual rents: $565,212.00 (Now in progress: Rooftop easement sale boosting annual income for 10 year payout of $181,000 per year onto the proforma boosting annual income up to $641,424. After taxes and expense Net would be approximately $500,000. This is an incredible cap rate for North LaBrea Ave. Contact listing agent for a current rent roll.