Property Detail

Description

12 units available for only $4.935M, $411K per door operating at a 4.9% cap rate!! Approx 7500 sq ft, on 10,000 sq ft of lot space!! Each 4 unit building has it's own parcel number allowing for residential financing with as little as 12% down!! (6) 2-bedroom/1-bathroom units, (3) 1-bedroom/1-bathroom units, and (3) studio units.. Building is in great shape, structurally sound, with NEW WINDOWS!! Annual gross $324,360, NOI $242,018. VERY walkable, central location steps away from restaurants, coffee, trader joes, AND quick freeway access!!