Cash Flow - 7.65% Actual CAP Rate, with a projected 8.0%+/- Year 1 CAP Rate.! This investment offers an exceptional combination of strong in-place cash flow and future upside. Priced at just $196,333 per unit, the property presents an attractive basis, while also being located within an Opportunity Zone offering… Read More potential capital gains tax advantages. The asset consists of two separate parcels and is ideal opportunity for a 1031 exchange buyer. Additional features include ample parking consisting of six garages, six open parking spaces, a 2-car tandem driveway. Because this is a 15-unit complex, there also is no requirement for an on-site manager! Read Less
Property listed by Pat Swanson, Pat Swanson 310-259-7556
Listing Snapshot
Days Online
3
Last Updated
Property Type
Apartment
Lot Size
0.39 Acres
Year Built
1938
MLS Number
OC26203300
Additional Details
Building
Built in 1938, 9 buildings, 2 stories, Entry level: 2, Entry location: Ground
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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