Kelly Morgan Commercial Group

6 Units Walking Distance to the Van Nuys Corridor Panorama City Kelly Morgan Commercial Group & KW Commercial are proud to present 8150 Sepulveda Pl, a 6 unit property in Panorama City. The building is located within walking distance to the Van Nuys Transit Corridor. The asset is 100% 2+1 units with approximately 62% rental upside. The building has all copper plumbing and 6 gated parking spaces. There is a potential laundry room available on the property allowing a...n astute investor to increase the income on the property by adding laundry machines. 8148 Sepulveda Place, Panorama City, CA 91402 Asking $1,275,000 6 Units Contact us for more information: Kelly Morgan (310) 836-3638 [email protected] www.KellyMorganCommercial.com See more

Price Reduction! 27 Units Non Rent Control Encino ... This A location non rent control building is south of the 101 Freeway and near shops, restaurants and entertainment on Ventura Blvd. Within a mile radius of this property rents have increased by 2.9%, three times more than the 0.9% increase in the city of Los Angeles. This building has a central air conditioning unit, and 95% of the units may be rented as 2 bedrooms. It has upgraded interiors, a newly painted exterior, a pool and a large unused rec-room that opens up to the pool area. This property is considered to be a value add investment. The buyer can add luxury amenities, turn the unused rec-room into an exercise/game room and take advantage of the opportunity to add an additional single unit (buyer please check with the city). 5505 Zelzah Ave, Encino, CA 91319 Asking Price $11,500,000 27 Units Contact us for more information: Kelly Morgan (310) 836-3638 [email protected] See more

https://labusinessjournal.com//whos-brokering-los-angeles/

Wealthy millennials are not interested in trying to make it in the city that never sleeps. In fact, according to a new study, they are actually leaving New York state altogether. Millennials younger than 35 with a gross annual income of $100,000 or more are leaving states such as New York, Illinois, Virginia, Massachusetts and Pennsylvania. The majority of these millennials have been moving to California, with a net inflow of 3,597 wealthy millennials into the state durin...g the year reviewed. This is great news for the Real Estate market in California. This means that our state is attracting young high-income earners and the market is far from slowing. Read More Here: https://www.foxbusiness.com//wealthy-millenials-leaving-mo @kellymorgancommercial #realestateinvestments #californiainvestments #kwagent #realestateadvice #realestategoals #realestate #realestategoals #millenials #richmillenials #investmentstrategies #investmentsales #investmentproperties See more

Exclusive Showing 5 Units Historic West Adams District Friday June 14, 2019 at 11:00 am... This beautiful turn key property in Historic West Adams has a 5.17% Cap Rate and a potential 140% average annual return on investment over a 7 year period. All 5 units have been exquisitely rehabbed with a vintage craftsman appeal which is exceedingly popular with tenants. Only 25% down in a location where rents have increased by 9.1% in a 1 mile radius (REIS). 1816 W 25th St., Los Angeles, CA 90018 Asking: $1,775,000 @kellymorgancommercial #kwagent #kwcommercial #losangelesrealestate #losangelesrealtor #losangelesinvestmentproperty #losangelesinvestments #realestate #realestateinvestment #realestateinvestments #finance #financialadvisor See more

Have you ever wondered how to keep a complex commercial deal in motion? Check out our latest news feature to find out how Kelly Morgan Commercial Group (KMCG) was able to close a 96 unit multi-family building for over $19 million during the height of the COVID-19 pandemic. This deal was especially complex since Kelly not only found a second, but also a third back-up buyer who was willing to accept a non contingent offer and replace the initial deposit and finally closed the ...deal. Read More Here: https://outfront.kw.com//kelly-morgan-five-tactics-to-kee/ We are comprehensive listing specialists and focus on making escrow simple, smooth and final. Let us be of assistance. We can honestly say, we are good at what we do. Contact us for more information: Kelly Morgan (310) 836-3638 [email protected] www.KellyMorganCommercial.com

KELLY MORGAN COMMERCIAL GROUP COMPLETES $19MM+ SALE OF 96-UNITS DURING PANDEMIC Van Nuys, CA (May 21, 2020) - During the height of the Covid-19 Stay at Home order, Kelly Morgan Commercial Group at KW Commercial successfully transacted the sale of Valerio Village Apartments, a 96-unit multi-family property in Van Nuys, California. The property sold for over $19MM, or $200,337/unit, to a San Diego based private investor. The closing was facilitated, off-market, with Kelly Morg...an Commercial Group acting in a dual-agent capacity. After going non-contingent with three quarters of a million dollars released to the Seller, the initial Buyer attempted to cancel due to the lockdown. Morgan assigned the purchase agreement to a replacement buyer who recognized that the intrinsic value of Los Angeles multifamily has not changed. Although there is uncertainty in the marketplace we’re not seeing substantially lower prices for multifamily and there’s no guarantee that we ever will Morgan said One thing I can guarantee is Los Angeles hasn’t solved its housing crisis KMCG also completed another sale of 22 units in North Hills, CA, on May 1st 2020 LA’s multifamily remains well positioned in the long run due to the region’s robust and diverse employment base and lack of housing. About Kelly Morgan Commercial Group. With over 20 years experience in capital markets; Equity, Debt, Real Estate, Finance and Marketing, Kelly Morgan Commercial Group brings unparalleled expertise to investors, buyers and sellers in today's marketplace. Our dedicated, deep understanding of the Southern California real estate market, along with our proprietary database matching buyers, sellers, investors and resources, provide measurable results for clients on both sides of multifamily investments. https://www.kellymorgancommercial.com/

Off Market Confidential 9 Turn Key Units Brentwood - 4.1% CAP - Near Wilshire and San Vicente with a diverse unit mix :1(S) 1(1+1) 3(2+1) 2(2+2) and 2(3+2).... - Asking $4,400,000 - Request a set up: (310) 836-3638 [email protected] - More Off Market Deals: KellyMorganCommercial.com See more