PHOENIX THOTTAM – Memberships and Associations

He is an active member of both the Apartment Association of Greater Los Angeles and the Apartment Owners Association of California.   Phoenix is also actively involved in the real estate industry as a member of The Beverly Hills/Greater LA Association of REALTORS, California Association of Realtors, the National Association of Realtors, The MLS of Los Angeles, Urban Land Institute and the International Council of Shopping Centers (ICSC).  

 

 


2014 W. 8TH TREET – 86 UNITS (combined)

Valuation: NET OPERATING INCOME / CAP RATE :

gross potential rent: 404,487

other income: $1,500

GROSS POTENTIAL INCOME: $406,347

    Less Vacancy Allowance:        20,317

EFFECTIVE GROSS INCOME:    386,030

LESS EXPENSES:                         166,827

NET OPERATING INCOME:   $219,203

NOI / 4% CAP RATE = $5,480,075

 


 

WHERE RP SUGGESTS MARKETING YOUR PROPERTY: $5.7 million 

 


WE BUILD AND CREATE DEMAND.  ROSANO PARTNERS’ MARKETING STRENGTHS. 
THE ABOVE 6 STEPS HELP US OBTAIN YOUR PROPERTY’S MAXIMUM VALUATIN
AS WE INTEGRATE OUR PRO-ACTIVE SIX LAYER MARKETING PLANS.  WE STRIVE TO GENERATE — DAILY — EXPERIENCED AND QUALIFIED PROSPECTS, MULTIPLE BIDS, AND CLOSE TRANSACTIONS SWIFTLY.  WE WILL PRESENT YOUR LISTING DAILY TO THE ENTIRE MARKETPLACE — TRULY FOCUSING ON ATTAINING MAXIMUM EXPOSURE AND VALUE MOMENTUM FOR YOU AS OUR CLIENT.