Property listed by McAlpin & Company, Enedina Sanchez 310-437-4172
$1,575,000
Seller is ready to SELL! Carport earthquake retrofit has been completed. Roof is approximately 5 years old and significant plumbing has been completed as needed. Annual Gross Rental Income will be $179,520 once you rent out the two vacant units. Please note current Sect 8 voucher standards are $2,289 for… Read More 1 bedroom units and $2,887 for 2 bedroom units. Property consists of 9 units (7) 2 Bdrm/1 Bath and (2) 1Bdrm/1 bath- stable tenants. Value-add opportunity as rents are approximately 35% under market rents. This is terrific opportunity for an investor to reposition this property to achieve ProForma rent of $288,000/annual gross. Read Less
Listing Snapshot
Days Online
23
Last Updated
Beds
9
Square Ft.
7,732
Lot Size
0.21 Acres
Year Built
1961
MLS Number
26634233
Additional Details
Building
Built in 1961, Living area: 7732.0, 1 building, Building faces East, 2 stories, Levels: Two
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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