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Gross Multiplier Formula/Market Price for property

The average sales price per square foot is $225 for a NON rent controlled property in this area. Venice Blvd is a very busy and noisy street too. If the owner is GETTING the monthly income he is stating, (almost $4 per foot per month) he has all of his tenants living in "la-la land" too!
  • Question refers to 11412 Venice Blvd APT 1, Los Angeles, CA 90066
  • June 09 2008
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