Rent control laws are becoming stricter, and evictions are harder to win. That’s why multifamily landlords must protect themselves by prudently selecting tenants.
Iconic Investments announces the sale of Habitat Apartments (514 S. Mariposa Ave), a renovation and repositioning opportunity in LA's Koreatown submarket, for $4,030,000. Property sold at a 16.94 GRM and a 3.15% Cap Rate.
Third-party companies have partnerships with local governments. These governments issue municipal bonds to fund your earthquake retrofit work. The financing of the earthquake retrofit work is then levied as a special assessment on your property taxes.