Amazing Investment Opportunity. Located directly across the street from North Park and within 1 mile of the South Coast Rail access is this 6 Unit building with long term tenants bringing in 100% of rents for the last 3 years. 2 units are 3 bedroom and 4 units are 2 bedroom. At current rents of 50k/year, the cap rate for this property is 8.1%. Rents could easily be raised to 60k a year or more making the cap rate 10% or better. 6th unit is 2 bedroom renting at 470/month. Schedule your showing today
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