2927 S Catalina St
Proj. annual COC
Proj. time frame
3 Years
9%
Price per share
$186,000
Proj. COC + Appr.
11%
0% Funded
0 Investors
2927 S Catalina
Bedrooms
13
Bathrooms
13
Living space
3,407 sq ft
Location
Los Angeles, CA
Investment
Long Term Rental
Investment strategy projected returns
Multi family residence
With Cohome, you can invest 1 - 4 shares from the property's total 8, as available. Preview the projected ROI for investor share purchase options below.
Your total net return
3 Years
Projected time frame
9%
Projected Annualized COC
$207,000
Projected cash return
$186,000
Investment amount
1 share
Projected COC
27%
Projected Appreciation
11%
9%
Projected annualized COC
$414,000
Projected cash return
$372,000
Investment amount
2 shares
3 Years
Projected time frame
Projected COC
27%
Projected Appreciation
11%
9%
Projected annualized COC
$620,000
Projected cash return
$558,000
Investment amount
3 shares
3 Years
Projected time frame
Projected COC
27%
Projected Appreciation
11%
3 Years
Projected time frame
9%
Projected annualized COC
$827,000
Projected cash return
+1%
Bonus (1/2 ownership exclusive)
$744,000
Investment amount
4 shares
Projected COC
27%
Projected Appreciation
11%
Payout Quarterly
÷
+
Recently sold nearby
$1,610,000
$3,420,000
$2,908,000
16 Bed | 8 Bath | 5,240 sqft
12 Bed | 18 Bath | 6,989 sqft
8 Bed | 22 Bath | 10,758 sqft
The market
Los Angeles, CA
The multifamily real estate market in Los Angeles is characterized by several key dynamics:
Strong Demand: Los Angeles continues to experience high demand for multifamily properties due to factors such as population growth, urbanization, and a robust rental market. The city's diverse economy and job opportunities attract renters seeking housing options.
Limited Supply: Despite ongoing development, the supply of multifamily properties remains constrained relative to demand. This imbalance contributes to competitive bidding among investors and upward pressure on prices.
Rising Rents: Rental rates in Los Angeles have been steadily increasing over the years, driven by high demand and limited supply. Rent growth varies by submarket, with areas closer to employment centers and amenities experiencing the highest increases.
Investor Interest: Multifamily properties in Los Angeles continue to attract interest from investors seeking stable income streams and long-term appreciation potential. Institutional investors, private equity firms, and individual investors are active participants in the market.
Challenges in Affordability: Affordability remains a significant challenge for renters in Los Angeles, with many households facing housing cost burdens. The city is exploring various initiatives to address affordable housing needs and promote equitable access to housing.
Overall, the multifamily real estate market in Los Angeles presents both opportunities and challenges for investors. While demand for rental housing remains strong, navigating supply constraints, regulatory considerations, and affordability issues requires careful analysis and strategic decision-making.
Investment FAQ
Market Conditions
Cohome follows market trends closely, and we have taken the current housing market and interest rates into consideration when calculating the return for this property. Additionally, our projections of both sales price and timeline are conservative, as our goal is to outperform our estimations.
Investor Progress Updates
Every step of the renovation process is managed by Cohome and Revive. We keep investors up to date through routine notifications.
Project Timeline
The initial timeline of this project starts the day we open escrow for the purchase. Then we follow the process of closing on the home, design and permitting, and renovating. When the renovation is complete, we take final property photos, list the property on the market for sale, and advertise it to qualified buyers. The timeline ends the day we close escrow on the sale of the property.
Investor Disbursements
When the property has sold and escrow closed, Cohome will disburse investor distributions within 10 days. You can expect the funds to arrive in the account listed with Cohome via wire transfer.
Cohome - Syndicator
Cohome Investment is the syndicator in each deal, which means that we manage each project from start to finish. We carefully analyze potential deals, complete due diligence work on likely deals, and choose only the deals with the greatest potential for our investors. We then create the LLC in which the property will be held, put down the deposit to open escrow, handle all title and escrow documents, oversee the construction, and make sure the project is staying on track with time and budget.
We also handle everything on the investor side. We prepare the investment offering info for investors, keep investors updated throughout the project, provide listing service support, take property photos, and market the newly renovated property. We also handle all accounting services including investor distributions and tax filings.
LLC Legal Structure
This investment is held in a stable LLC ownership structure. The limited liability company structure is designed to separate the assets and liabilities associated with the Property from the personal assets of investors.
Investment Period
Investors can enter the opportunity at any time while it is an open investment.
Placing an investment
To place an investment, simply click the "Sign up to invest" button below to get started.
Connect with us
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