Play this quick how-to video and then go to
El Sereno Triplex for Sale - Investor Opportunity
SOLD - $845,000
2727 Phelps Ave.
El Sereno, CA 90032
Listing price: $865,000
Clean, stylish 3-unit building with a 12.6 Gross Rent Multiplier and low maintenance. The building offers one of the highest rent returns in the area. Situated in a quaint El Sereno neighborhood, it has modern updates. Separately metered for gas & electric with four 1-car garages with alley access and a gated yard. Each unit has laundry. Common areas are solid surface-polished concrete or newer laminate. Each unit has an option for dedicated outdoor space. All these amenities equal an easy to rent unit with happy tenants. Close to USC Medical and Cal State LA.
Due to current showing restrictions, please view 3-D tour and look at Google Maps street view. We also request that your client drive by the property before submitting an offer. Call with any questions. All offers are subject to interior inspection.
2-story with a total of 2,200 square feet on a 5,000 square foot lot.
12.6x GRM - approximate
Good condition - all units
Market rents - good rents - call for details
For more info please email us at
OR call 323-386-4663
Thanks, Darren and Joe
COVID-19: Adapting With Our Clients and Staying Focused
We want clients - sellers and buyers - to feel safe and be well throughout the process. These are some of the precautions and processes we take to adapt in this new world.
Client always consulted on what is safe - vacant vs. occupied options
Safe social distancing and safety precautions always observed with fully vetted serious buyer or sellers for physical showings
Virtual showings and open houses using 3-D walkthroughs, live video
Virtual staging when needed
Virtual events to showcase your home
Digital listing brochures and websites
All digital media and social media trackable to gain data and insights
Escrow and inspections - all safety precautions practiced
Team stays up-to-date on any COVID-19 changes locally, state-wide, nationally
Questions and concerns? Ask us.
Gregory Dragon Stays In - Children's Book Explaining the Quarantine and COVID-19
Here we see a little dragon, being very brave. He's keeping all his loved ones safe by staying in his cave.
Countless kids and parents are dealing with this quarantine. PLEASE SHARE THIS IN YOUR SOCIAL MEDIA AND OTHER NETWORKS.
Our client Greg Sullivan just released this on Amazon https://amzn.to/2xaKgEV
Learn more at http://GregoryDragon.com
Profits will be donated to the Boys and Girls Club of the Foothills.
#quarantine #kids #parents #coronavirus #covid19 #gregorydragon
Sightings and Observations On Our New Normal
Click image to play song
Bill Withers - Lovely Day (Audio) - Click image to play song
#BillWithers #LovelyDay #OfficialAudio
R.I.P. Bill Withers - Thank you for the music.
Ideas on other subjects to talk about with people other than
COVID-19 pandemic
Have you had a "Zappy Hour" yet?
Connect with friends and family
We've had a couple family meetups and drinking sessions with friends on Zoom.
Most of us have probably started doing this to stay connected.
If not, then get started with your favorite conference app(Google Hangouts, Skype) to break the monotony and connect!
For additional fun, may we suggest you download the Snap Camera Lens
Tutorials here
We also highly recommend https://houseparty.com/
Be safe. Be well.
Small Business Assistance Updates from CD13 - Mitch O'Farrell, Councilmember
Small Business Assistance Updates
This content below is from the office of Mitchell O'Farrell, Councilmember, 13th District, Los Angeles:
____________
Hello, I hope this finds you well,
As many of you know we had a marathon City Council meeting last Friday, that lasted 11 hours. Many of you contacted our office regarding impacts on small businesses, in particular 1.) the paid leave, and 2.) the right to recall, as well as prohibitions on evictions of commercial and residential tenants impacted by the COVID-19 pandemic.
The "paid leave" item was amended to be for businesses with 500 employees or more, and the "right to recall" was continued to allow City Attorney and analysts to report back on the impacts this policy would have. Stay tuned for next steps.
Below is what may be helpful information regarding financial aid available locally, and at the State & Federal levels. This is just an overview, and more will become available on a day to day basis.
City of Los Angeles "Micro-Loan" program
These $5,000 to $20,000. loans can be interest free depending on the length of the loan, info below:
https://ewddlacity.com/index.php/microloan-program
Federal Stimulus Package:
The financial stability of the nonprofit sector and small businesses remains an ongoing concern due to the growing impact of the COVID-19 pandemic. But there are new streams of funding that can help under loan opportunities that provide access to capital to meet the most urgent needs. Nonprofits and businesses with 500 employees or fewer that need help with payroll, rent, or mortgage expenses due to the COVID-19 crisis are eligible to apply for loans under the $349 billion Paycheck Protection Program (PPP) authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed by Congress last week. The U.S. Department of the Treasury and the U.S. Small Business Administration (SBA) have issued guidelines. Find a fact sheet on PPP here.
SBA notes that SBA, “funds are provided in the form of loans that will be fully forgiven when used for payroll costs, interest on mortgages, rent, and utilities (due to likely high subscription, at least 75% of the forgiven amount must have been used for payroll).”
Applications will be accepted beginning Friday, April 3. Members are encouraged to apply as soon as possible, because funding is limited.
As SBA lenders expect a high volume of applications, members are encouraged to work with a lender if there is an existing relationship.
Find a list of the top 10 SBA lenders by volume here.
Find helpful nonprofit guides to the CARES Act here and here.
>Stay connected to CD13 by subscribing and/or join their social media - https://cd13.lacity.org/about
Do You Have 45 seconds and Remember Top Gun? A Friendly Mask Reminder
From our friend and sometime Jedi Drone Pilot Jonathan Bareng in Silver Lake …
It’s a dangerzone out there, folks. Wear a mask! That’s an order! #StayAtHome #EssentialMissionsOnly
Thanks Jonathan!