5644 Ravenspur Dr - Apartments FOR SALE
Rancho Palos Verdes, CA 90275 |
5644 Ravenspur Dr
Rancho Palos Verdes, CA 90275
HIGHLIGHTS
- Major Capital Improvements | The property has undergone extensive capital improvement including re-tiling of all roofs and new electrical subpanels.
- Interest Only Assumable Loan | The property is encumbered with an assumable loan of $10,000,000, interest-only at a fixed rate of 5.55% for 5 years.
- Oversized Floorplans | The layout of the property is incredibly unique comprising of 10 different structures and 34 out of the 49 units are townhomes.
- Immediate Rental Upside and 5 Vacant Units | With five units vacant and occupied units well below market rate, this is a terrific value-add deal.
- Oversized Lot with Beautiful Trees, Ample Parking and Amenities | Residents can enjoy ample on-site parking, on-site laundry facilities, and a pool.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Over $1M Price Reduction!
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
55522
STORIES
3
YEAR BUILT
1969
PARKING SPACES
72
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
7589-006-006,7589-007-010
