** 83% 2-Bedroom Units ** Priced at $208,333 per Unit ** 6.1% Cap on Current Rents ** 8.3% Cap on Market Rents ** Substantial Rental Upside & Value-Add ** Excellent Rental Location in a Residential Neighborhood
Property listed by Morgan Skenderian, Doug Rodermund [email protected]
Listing Snapshot
Days Online
12
Last Updated
Property Type
Apartment
Lot Size
0.57 Acres
Year Built
1959
MLS Number
PW26209899
Additional Details
Building
Built in 1959, 1 building, 2 stories, Entry level: 1, Entry location: 1
Community
Curbs, Gutters, StreetLights, Sidewalks
Expenses
Electric: $9,089, Fuel: $9,089, Insurance: $20,000, Maintenance: $25,708, Operating: $193,209, Pest Control: $1,391, Trash: $9,089, Water/Sewer: $9,089, Other Expense: $1,000
Income
Gross Income: $9,840, Gross ScheduledIncome: $514,152, Net Operating Income: $305,518
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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