Angeles Pointe in Los Angeles

Name: Sales in Angeles Pointe started!
Start: 2020-08-07T09:17:12.550209+00:00
End: 2023-12-31T23:59:59+0000
Location: Angeles Pointe

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

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

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Project info

Object ID: 8499

Finished at	September 2021
Price, m²	From 3580$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 180.00 m²
Floors	2
Apartments	39
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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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

644,400$

Net profit

9,376$

Payback period

54.8 years

Avg property value increase per year

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About the project

Angeles Pointe features two-story homes in the established Lake View Terrace neighborhood in the San Fernando Valley area. These thoughtfully design homes will range from 1,912 – 2,912 sq. ft., with up to 4 bedrooms, Loft (plan 2 and plan 3), and a spacious two car garage. All homes include Brilliant Smart Home technology, Wireless Access Points for continuous whole-house Wi-Fi, Ring® doorbell, Ecobee smart thermostat, Array Keyless pad with Brinks® handleset at entry, Genie Wi-Fi enabled garage door, Solar panels, and energy-efficient stainless steel appliances.

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