Fully Remodeled 4-Unit Multifamily with Immediate Upside! Exceptional opportunity to own a 4-unit multifamily property with a desirable unit mix and strong rental potential. The building features one spacious 3-bedroom, 2-bathroom unit and three 3-bedroom, 1-bathroom units. Four units have been fully remodeled, offering modern finishes and move-in ready condition… Read More for new tenants. Currently, 3 units are vacant, providing an immediate opportunity to lease at market rents and maximize cash flow. The property is ideally located near schools, shopping, dining, and major freeway access, ensuring consistent rental demand. With updated interiors, large floor plans, and significant income upside from the vacancies, this asset is perfect for both seasoned investors and those expanding their portfolio. Read Less
Property listed by Better Homes and Gardens RE, Mario Mariscal 562-673-2226
Listing Snapshot
Days Online
0
Last Updated
Property Type
Quadruplex
Lot Size
0.17 Acres
Year Built
1906
MLS Number
DW25244911
30 Days Snapshot Of 90031
$910k
+6%
(avg) sold price
10
+42%
homes sold
110
+69%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1906, Building area total: 4,616, Levels: Two, 2 stories, 2 buildings, Architectural style: , Attached, Common walls: OneCommonWall
Community
Mountainous, Sidewalks
Expenses
Electric expense: $1,050, Insurance expense: $2,400, Operating expense: $3,360, Trash expense: $420, Water sewer expense: $2,760
Garage
4 spaces
Income
Gross income: $52,800, Net operating income: $49,440
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.