Exclusive Investment Opportunity. Prime Multi-Unit Property with Exceptional Upside Potential. Property Overview: This outstanding five-unit investment property presents an incredible opportunity for investors seeking strong cash flow and significant upside potential. Priced at an 6.26% cap rate with a 11.28 Gross Rent Multiplier (GRM), this asset offers immediate income with… Read More the potential to reach a 8.16% cap rate and a 9.24 GRM upon optimization. Potential 6.51% pre tax cash flow. Key Features: *Diverse Unit Mix: The property consists of two immaculately upgraded units, two brand-new ADUs, and one single-family residence (SFR), providing a well-balanced and attractive rental offering. *Brand-New ADUs: Recently constructed accessory dwelling units (ADUs) add additional rental income streams and enhance overall property value. *Strong Market Fundamentals: Located in a desirable area with high rental demand, this property benefits from a stable tenant base and potential for future appreciation. ***contact us for more information*** Read Less
Listing Snapshot
Days Online
158
Last Updated
Property Type
Other
Beds
10
Square Ft.
3,603
Lot Size
0.13 Acres
Year Built
1921
MLS Number
25495183
30 Days Snapshot Of 90044
$653k
+2%
(avg) sold price
9
-47%
homes sold
71
-34%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1921, Building area total: 3,603, Levels: MultiSplit, Living area: 3603, 2 buildings
Heating
WallFurnace
Income
Gross income: $144,096, Net operating income: $106,165
Lot
0.1284 acres, 5,592 square feet, Size: 5,592
Parking
None
Property
Zoning: LARD1.5
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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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