2857 N Los Felices Road , #104

Description

Investors and homeowners can have everything they want with this first story condo on fee-land within feet to the pool, laundry, and parking lot. This lovely 1 bedroom 1 bath condo has some important upgrades already in place. The white cabinets and light colored granite counter tops help bring out depth in the kitchen. The sellers continue using the light colored theme into the bathroom which helps the room feel bigger. The bathroom has important upgrades including the vanity cabinet with sink, fixtures and lighting. The best features of the living room is the light that comes in this unit in the afternoon, which is also true in the bedroom. The bedroom has great plantation shutters and is clean and carpeted. *Tenant belongings and furniture were digitally removed to protect their privacy and to better view the condo interior.Investors and second home buyers have the option of retaining the good tenants for the long-term or collecting 2-4 months rent before occupancy. The payback period is less than 12 years and does not consider rent appreciation or the TVM. There is room to add $300/month rent increase for the next tenants. Buyers have your agent call to discuss occupancy at COE; sellers are open to all options.The Palm Springs Villas are great for short-term, long-term, second home, or affordable home. Low HOA $365, tennis courts, shaded lush grounds, covered parking and the easy access to LA makes this a perfect investment.