Do not miss out this true cash cow. A great opportunity for investors who are seeking stronger stable cash flow and higher potential., this one is perfect fits your needs. Total 9 units . Front building : 7 units ; Rear unit: a single level detached duplex. Currently, 8 units are occupying by tenants. One unit is vacant. The subject is located in the upscale Hensley District, Improvements: Numerous upgrades, including foundation bolt upgrades for enhanced stability and safety. Utilities: Each init has separate water heater and PG&E Meter, ensuring efficient utility management. Cash flow: Excellent cash flow with potential increasing room. Roughly yearly rental income is $154,745. The cap rate is estimated at $4.99% with high potential to incease.
The income description goes here to explain
List Price | $1,788,888 |
Property Type | Other |
Usable Sqft | Unknown |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1898 |
Last Sold | Unknown |
Sold Price | Unknown |
HOA Fees: | $0 |
Association Name: | Unknown |
Association Amenities: | Unknown |
APN # | 24946034 |
MLS # | ML81984959 |
Property ID | 320800019 |
Lot Sqft | 4,627 |
Zoning | CO |
Days on Market | 15 |
Original List Price | $1,788,888 |
Date Updated | November 03, 2024 |
Date Created | October 28, 2024 |
Financials not available online. Please inquire with your agent for more details.
Jerry Zang an agent of Coldwell Banker Realty. Lic #01702597
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 03, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT