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
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
