New Heights in Los Angeles

Name: Sales in New Heights started!
Start: 2020-08-07T09:07:28.462121+00:00
End: 2023-12-31T23:59:59+0000
Location: New Heights

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Construction

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Property for sale in New Heights — look at the real estate search engine GEOLN.COM. Photo 1

Property for sale in New Heights — look at the real estate search engine GEOLN.COM. Photo 2

Property for sale in New Heights — look at the real estate search engine GEOLN.COM. Photo 3

Property for sale in New Heights — look at the real estate search engine GEOLN.COM. Photo 4

Property for sale in New Heights — look at the real estate search engine GEOLN.COM. Photo 5

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Project info

Object ID: 8497

Finished at	April 2020
Price, m²	From 3445$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 190.00 m²
Floors	2
Apartments	43
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

654,550$

Net profit

9,376$

Payback period

55.7 years

Avg property value increase per year

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Promos and discounts for New Heights

About the project

Envision yourself in your new home in 2020! New Heights model homes are debuting to raving reviews. Visit the sales gallery today and experience the professionally decorated model homes today. The single-family, new construction homes near Chatsworth Reservoir are now selling with solar panels included. Offering all the amenities of a single-family new home at the price of new townhome.

In West Hills, New Heights is near Ingenium Charter Schools, Faith Baptist School, Columbus Middle School, Capistrano Elementary, Canoga Park High School, Chatsworth Reservoir, and Lanark Park Pool. Enjoy easy walking to local restaurants, nightlife, parks, movies and shopping at Westfield Topanga Village.

Developer

Ray Watt entered the real estate business in 1947 to build homes for veterans returning from the war who faced a housing shortage. Working w…
Details about Watt Communities