Rental property analysis in LA

[Lucas Allmon]

Hi all, here's a possible deal I have found, and I wonder if there's any glaring errors in this calculation overall.

There are assumptions that they would accept the offer, and I haven't put any forced appreciation in the numbers.

An interesting thing I found about this property doing due diligence, is it's a 4 unit residential, but it's on commercial zoned land. I wonder if that's hidden opportunity, or if it's more of a bomb waiting to drop?

https://dl.dropboxusercontent.com/u/57252/Help%20a...