Located within the walkable Old Town corridor, 56190 Papago Trail is a fully renovated triplex engineered for operational simplicity and consistent cash flow. The property was comprehensively improved in 2023 & 2024, substantially reducing near-term capital expenditure risk. All units are single-story and feature two-bedroom layouts, including two… Read More two-bedroom, one-bath units and one two-bedroom, two-bath unit. Three garage spaces and additional on-site parking further support tenant retention and ease of management. With the renovation complete, ownership steps into a stabilized asset requiring limited oversight beyond routine operations. The uniform floor plans and updated systems create a predictable income profile in a supply-constrained Old Town submarket. The property is extremely well-positioned for a 1031 exchange capital seeking a durable yield without redevelopment exposure. This asset may be acquired alongside the renovated triplex at 7428 Acoma Trail and the four nearby RS-5 zoned residential infill parcels, allowing an investor to pair stabilized income with strategic land control within the same Old Town footprint. Read Less
Property listed by Marcus & Millichap RE Invest, Michael Cavner 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.34 Acres
Year Built
1986
MLS Number
OC26041594
Additional Details
Building
Built in 1986, 1 building, 1 storey, Levels: One, Entry level: 1, Entry location: First level
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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