This prime 6-unit multifamily property consists entirely of 6- one-bedroom/ one-bathroom units and one ADU consisting of 400 Sq. Ft. , offering a highly desirable and strong rental market. The property is individually metered for gas and electricity & with separate hot water heaters helping keep expenses down for owners.… Read More Tenants pay utilities. 3 parking spaces in back of property plus tons of street parking.
Situated near the 405 and 110 freeways, this asset benefits from excellent commuter access and strong tenant demand. The building presents significant upside potential through rental growth and possible remodels, making it an ideal acquisition for an investor seeking a value add opportunity.
A rare opportunity to acquire a well positioned multifamily asset in a strong rental market! Read Less
Property listed by The Moore Group, Kristina Moore 7148097608
Listing Snapshot
Days Online
7
Last Updated
Property Type
Apartment
Lot Size
0.16 Acres
Year Built
1956
MLS Number
PW25282014
Additional Details
Building
Built in 1956, 2 buildings, 2 stories, Entry level: 1, Entry location: front door
Community
Suburban
Cooling
None
Expenses
Operating: $45,152
Fireplaces
None
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $129,005, Gross ScheduledIncome: $129,005, Net Operating Income: $83,853
Laundry
None
Lot
0.1579 acres, SixToTenUnitsAcre
Parking
3 open parking spaces, 3 total parking spaces, Driveway, Uncovered
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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