Three new homes built in 2024 with excellent cash flow and long-term upside! The current cap rate is 6.27% and the current GRM is 12.24. Each house offers 3 bedrooms and 2 bathrooms and 1,500 square feet of rental space with attached garage parking and nice yards. Each house… Read More offers remodeled kitchens and bathrooms, new electrical, new plumbing, new roofs, upgraded flooring, paint, lighting and more. Currently, two homes are rented at top market rates and one home will be delivered vacant at the close of escrow making a perfect set-up for an owner-occupant. The property is easy to manage and separately metered for PG&E and water providing for low annual operating expenses. The exterior and interior are in excellent condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. This is a high demand rental location near numerous restaurants, shopping centers, and schools. Nearby is the Dead Fish restaurant, the Brewery and Distillery on Mare Island, the Ferry to San Francisco, Sausalito and Tiburon, and only 14 miles to the Napa wineries. Read Less
Property listed by The Pinza Group, Inc, David Howarth 310-259-7556
Listing Snapshot
Days Online
56
Last Updated
Property Type
Triplex
Lot Size
0.15 Acres
Year Built
2024
MLS Number
41122404
Additional Details
Building
Built in 2024, Construction Materials: SeeRemarks
Cooling
SeeRemarks
Floors
Wood
Heating
SeeRemarks
Home Owner's Association
Association Fee: $0
Lot
0.1492 acres
Parking
6 total parking spaces, Covered, Garage, Guest
Taxes
Parcel Number: 0057155080
Tenant Pays
Gas
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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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