Prime Valley Village, 1/2 block north of Riverside Dr and Studio City adj. Security entry, sparkling gated pool has been redone along with new code drain compliance ordinance, most units have been remodeled, granite tops, new paint, carpets and laminate wood flooring. Excellent mix of 10) 2+1's and 8) 1+1's. Buyer is aware that there are only 12 units that have written leases of the 18 apartments and Buyer to accept same, and Seller will not be able to provide estoppels Seller will deliver copies of tenants rent checks AND certified rent roll and existing 12 written leases and Buyer to accept same.
Please note price is FIRM, Seller will grant access to all units and books and records upon receipt of written offer and proof of funds
Buyer to assume existing first deed of trust with Malaga Bank in the amount of $1,700,000, assumption fee of 1point 30 year loan & fixed for
ONLY 5 years at 3.5%, remaining 25 years tied to index