All Forum Posts by: Varinder Kumar

prep agent is the best in my opinion. The videos on you tube are enough to pass the sales exam. Feel free to DM me for more questions. And yes I would recommend getting your license it's another tool in your tool belt and you don't know where it can take you. I'm sure glad I did when I did, I own my own brokerage now but it's been a rewarding journey 

Hi Safiya send me a DM let's discuss I'm not too far from there 

I just sent you a DM

Yes send me a dm

Hi Scott send me a dm so we can hop on a call

Hi Nick welcome to BP! I'm a commercial real estate broker and specialize in Mulitfamily. Send me a DM, I'm active in San Diego as well. Look forward to connecting 

@Jay Hinrichs  couldn't agree more. In commercial our sellers prefer not to put it online and it is common practice to double end every deal which usually happens and there is NO buyer side commission if another broker is somehow involved..

Investment Opportunity: 5+1 Unit Multifamily Property in South Gate, CA

Prime Value-Add Opportunity with Immediate Cash Flow & Rental Upside

This 5+1 nonconforming unit multifamily property in South Gate, CA, presents an excellent value-add investment in a high-demand rental market within Los Angeles County. The property is fully occupied generating consistent cash flow, and offers significant rental upside with all tenants on month-to-month leases.

Property Details

• Unit Mix: 5 legal units + 1 nonconforming unit (Total: 6 units)

•(4) 2 BEDROOM AND 1 BATH UNITS

•(2) 1 BEDROOM AND 1 BATH UNITS

•All tenants on month to month leases

• Current Gross Income: $128,808 per year

• Net Operating Income (NOI): $90,469 (estimated)

• CAP Rate: 6 % (CURRENT)

• Operating Expenses: 26.8% of Gross Income

• Occupancy: 100%

•

Investment Highlights

The property provides an immediate opportunity to increase rental income. With all units currently leased on a month-to-month basis, an investor can adjust rents to align with market rates, unlocking the property’s full income potential.

The South Gate rental market remains strong, benefiting from low vacancy rates and high tenant demand. The property’s strategic location offers easy access to Downtown Los Angeles, major employment centers, and key transportation routes, making it an attractive choice for tenants.

DM ME FOR MORE COMPLETE INFO OR EMAIL ME AT [email protected]

I have sold a lot of property and I always call the county assessors to make sure they’re caught up with rezoning reassessing. County’s are sometimes backed up by almost a year and it will not reflect at the city. Also lender and banks should have confirmation during purchase as well as appraiser 

What if the seller and the buyer has agreed to close escrow +2 days and the seller doesn’t leave after those two days?