what is the unit mix of the building? And what kind of rents are they getting?

Asked by Joya, Louisiana Mon Dec 22, 2008

This question is about this property: http://www.trulia.com/property/43093623-1373-Hauser-Blvd-Los…

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BOB Khalsa, Agent, Newhall, CA
Mon Dec 22, 2008
Hello Joya:

This property does not appear to be listed on the Multiple Listing Service or major commercial listing sites. Do remember that rents itself do not dictate cash flow. You have to consider depreciation too. This building, even though it has a high structure to land ratio of about 92%, however, it's improvement ratio is only about 31% thus giving you low depreciation offset, low Internal Rate of Return (IRR) and higher tax liability. These are factors that you must consult with your financial and tax advisor to determine if the property is a right fit for you. Do also consult a qualified Commercial Broker or a Real Estate Agent that is knowledgeable on investment properties. Should you want, our office can assist you in investment property transactions.

Bob Khalsa, CCIM
Broker Owner
United America Realty
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