Large 2 & story 10 Unit Apartment Complex with very attractive unit mix with 1 unit & 3 Bedroom/1 Bath, 9 units & 2 Bedroom/1 Bath. This is an extremely rare investment offers. Great cash flow. HUGE potential upside in Rent with all units (over 15% upside in rent. Stabilized CAP Rate is over 6.00%) All units are individually metered for electricity and gas. Assigned parking space for all units. Half of units have newer windows and tile flooring. Re-pipe main water lines with copper plumbing and upgrade central water heater to commercial grade in 2015. Conveniently located near the 710 Freeway. Several major shopping centers, Great dining, and retail stores in close proximity. Rents are currently below market with significant upside in this Non-Rent Control area.
|1/15/2019 12:00:00 AM||New Value: $2,100,000|