Property listed by Compass, Alessandra Ferracuti 310-230-5478
$2,990,000
Immediate cash flow meets future upside motivated seller! This exceptional quadruplex (5235, 5235 , 5237, 5237 ) is 100% occupied and generating income from day one. Built in 2016, this modern asset is exempt from Rent Stabilization Ordinances (RSO), giving investors unrestricted long-term rental growth potential a rare… Read More find in this submarket. Each unit lives like a private townhouse, with its own entrance, dedicated garage, and private balcony. The massive floor plans include one 4-bed/2-bath unit and three 4-bed/3-bath units, all with in-unit laundry a layout mix that's difficult to replicate at this price point. With zero vacancy risk, tenant-paid utilities, and low ongoing maintenance, this is a turnkey addition to any portfolio. Seller is motivated and open to creative financing structures or other terms; bring all reasonable offers. Read Less
Listing Snapshot
Days Online
80
Last Updated
Beds
16
3/4 Baths
11
Square Ft.
6,047
Lot Size
0.19 Acres
Year Built
2016
MLS Number
26859501
Additional Details
Appliances & Equipment
Dishwasher, Microwave, Dryer, Washer
Building
Built in 2016, Living area: 6047.0, 2 buildings, 2 stories, Levels: Two
Cooling
CentralAir
Garage
4 spaces
Heating
Central
Income
Gross Income: $192,480, Net Operating Income: $144,205
Laundry
LaundryCloset
Lot
0.192 acres, Dimensions: 50x167
Parking
5 open parking spaces, 9 total parking spaces, Driveway, Garage, Gated
Pool
None
Taxes
Parcel Number: 5537010022, Zoning: LARD1.5
Utilities
4 separate gas meters, 4 separate water meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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