Property listed by The Moore Group, Kristina Moore 7148097608
$1,549,000
8 unit apartment building offering investors the opportunity to acquire an asset with a strong tenant base in a strong rental market. The property was built in 1947 and features six -1 bedroom + 1 bathroom units and two -2 bedroom + 1 bathroom units, encompassing a gross rentable area… Read More of 5,909 SQ. Ft. The property is situated on an oversized lot and surrounded by single family homes. The courtyard style building features copper plumbing, on-site laundry room brings in additional income every single month of about $250!! TONS OF PARKING!! 8 covered carport parking spaces plus an additional 8 tandem spaces! 16 parking spaces, 2 per unit is a huge value add when renting. Hurry this property will not last long! Read Less
Listing Snapshot
Days Online
51
Last Updated
Property Type
Apartment
Lot Size
0.26 Acres
Year Built
1947
MLS Number
PW25281990
Additional Details
Building
Built in 1947, 1 building, 2 stories, Entry level: 1, Entry location: 1
Community
Sidewalks
Expenses
Operating: $53,613
Garage
8 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $153,180, Gross ScheduledIncome: $153,180, Net Operating Income: $99,567
Laundry
LaundryRoom
Lot
0.2625 acres, SixToTenUnitsAcre
Parking
8 carport spaces, 16 total parking spaces, Carport
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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