Westchester 6BR Mini Resort

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Oversized Westchester cottage with tenant in place paying $8,650 a month until November 30, 2019. At the current rent, this updated 6 bedroom/4 bath home delivers a 5% Cap Rate with minimal expenses in a desirable location close to Silicon Beach. Enter into a formal living room that flows into an informal space connecting to an open kitchen plan. Newly remodeled, it boasts a huge center island w/ top-notch, stainless appliances, incl. a five burner/grill cooktop, two dishwashers and a commercial grade fridge/freezer. Aside from the spacious bedrooms, the Master Bedroom has a walk-in closet and spa tub. The backyard is a tropical paradise with a resort-style pool and spa with bonus bedroom/kitchen and bath.

Financial Projections (Year 1)

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Any financial projections given are illustrative only and none of the projections or assumptions should be taken as promises, nor should they be taken as implying any indication, assurance or guarantee that those assumptions are correct or exhaustive.

Property Location

 

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listing courtesy of CARETS/Roger Perry/Rodeo Realty Beverly Hills