NEWLY BUILT IN 2024, NOT SUBJECT TO RENT/EVICTION CONTROL, FULLY LEASED AT NEAR MARKET RENTS, NEAR USC, ALL UTILITIES SEPARATELY METERED AND PAID BY TENANTS WITH FULLY PAID OFF SOLAR TO ASSIST THEM!!! THIS CASHFLOWING THREE UNIT HAS GOOD TENANTS AND PLENTY OF PARKING. CONSISTING OF TWO FIVE BEDROOM THREE BATH UNITS AND ONE THREE BEDROOM 1 BATH UNIT FOR ALMOST 4000 SQFT OF LIVING SPACE! EACH 5/3 UNIT HAS 2 COVERED PARKING SPACES WHILE THERE IS AMPLE UNCOVERED PARKING ON THIS WELL DESIGNED LOT.
CURRENT CAP RATE OVER 6.2% CALCULATED ON NEW PURCHASE PRICE WITH A PRO FORMA CAP RATE OF 7.48!! PERFECT PROPERTY FOR THE SET-IT AND FORGET IT INVESTOR AS YOU DON'T HAVE TO WORRY ABOUT DEFERRED MAINTENANCE ISSUES!! THIS IS A RENTAL GEM!
159 days
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32
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1
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Zillow last checked:
Listing updated:
Listed by:
LOU WUDRE #02154371949-870-2882,
LOU EDWARDS FINANCIAL INC.,
Anthony Mangahis LabaoDRE #02008739,
Lou Edwards Financial
Source: CRMLS,MLS#: WS26020639Originating MLS: California Regional MLS
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 13
Bathrooms: 7
Rooms
Room types: Kitchen, Living Room
Heating
Central
Cooling
Central Air
Appliances
Included: Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Dryer, Washer
Laundry: Inside
Features
Quartz Counters
Flooring: Vinyl
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 3,848
Total interior livable area: 3,848 sqft
Property
Parking
Total spaces: 10
Parking features: Garage
Garage spaces: 4
Uncovered spaces: 6
Features
Levels: Two
Stories: 2
Entry location: FIRST FLOOR
Pool features: None
Spa features: None
Fencing: Wood,Wrought Iron
Lot
Size: 5,321 Square Feet
Features: Rectangular Lot
Details
Parcel number: 6040006023
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Contemporary
Property subtype: Triplex
Condition
Building Permit,Turnkey
New construction: No
Year built: 2024
Utilities & green energy
Electric: Photovoltaics Seller Owned
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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