8765 Appian Way, Los Angeles, CA 90046

Address: 8765 Appian Way
City: Los Angeles
State/county: California
Zip/Postal Code: 90046
Country: United States

Description

Financial Details:

Monthly Rent (Short Term):	$26,000
Expected Monthly Fee For Short Terms Rentals:	$2,000
Annual Gross Rent:	$312,000
Annual Property Tax:	$31,800
Annualy estimated insurance:	$2,650
Annual Pool Maintenance:	$2,000
Annual Garden Maintenance:	$2,000

Other Expenses (Maintenance):	$12,000
Total Annual Expenses:	$80,450
Net Income Without Funding:	$243,550
Net Annual Return:	9.19%

Financial Expanses:

75% LTV:	$2,512,500
Equity:	$837,500
Expected Interest:	5% fixed for 30 years
Monthly Payment (Interest Only):	$10,469
Annual Interest Only Payment:	$125,625
Annual Interest Return:	$29,420
Annual Principal Return:	$61,672
Net Income After Financing Expenses:	$152,458
Net Income After Financing Expense and Principal Return:	$214,130
Return On Equity:	20.20%

Nestled along a quiet street just north of the Sunset Strip, 8765 Appian Way is a bright Hollywood Hills estate that boasts panoramic views of the canyon, city lights and the Pacific beyond. Arrive at the 5-bedroom, 6-bath Mediterranean-style home through a pillared entry to find a breezy, 4,809-square-foot open floor plan. Living, dining, and lounging areas foster a seamless flow while separated by Grecian-style columns. Throughout the home, find classically inspired details like carved stone fireplaces and coved ceilings. The kitchen is equipped with premier appliances and looks out on the backyard, which boasts a pool, spa, and patio. Upstairs, a master suite extends out to a private balcony, and a larger outdoor terrace overlooks the backyard. Though it delivers paradisiacal peacefulness, 8765 Appian Way is just moments from the top-tier restaurants and designer shops of West Hollywood and Beverly Hills.