INVESTORS DREAM with a MOTIVATED SELLER WITH and an ANNUAL INCOME OF $175,224/ year and TWO UNITS ARE BEING DELIVERED VACANT!!! This is a 4 legal units with ONE ADDITIONAL BONUS 2 bedroom unit that is unpermitted but fully remodeled and it has been used and rented… Read More always with long term tenants thanks to the nearby school and hospital with many travel nurses as an AIRBNB with an income of average $3500/ month. MAKING THIS REALLY A 5 UNIT PROPERTY!!! ALL UNIT ARE FULLY REMODELED and IN A FANTASTIC CONDITION, 10+ parking spots, and property brings in $175,224 per year $14,602 per month. LIVE in the unpermitted unit and rent the remaining 4 units. The units are 5 X 2/1. With income of $3500 (Section 8 tenant), $3052 (Section 8 tenant), $1050 (regular lease tenant), and TWO vacant units which are used as Airbnb currently and bringing in consistently $3500+ + $3500+ each per month with longterm tenancy thanks to the nearby college and the hospital with traveling nurses as common tenants. This is the best deal in town with motivated seller and any reasonable offer will be considered. SO SUBMIT YOUR OFFER TODAY! Read Less
Property listed by Mazdak Sarehkhani, Mazdak Sarehkhani 818-601-8215
Listing Snapshot
Days Online
136
Last Updated
Property Type
Quadruplex
Lot Size
0.17 Acres
Year Built
1908
MLS Number
SR24220787
30 Days Snapshot Of 90004
$2,014k
-13%
(avg) sold price
10
+150%
homes sold
49
-47%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1908, Building area total: 3,428, 2 buildings, Architectural style: , Attached, Common walls: OneCommonWall
Community
Suburban
Expenses
Insurance expense: $1,700, Operating expense: $7,100, Water sewer expense: $5,400
Garage
10 spaces
Income
Gross income: $167,724, Net operating income: $16,772,424
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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