Just Listed a house in the front with 3 units at the rear building in a quiet Highland Park Area. The front house is 2 bedroom/2 bath house with a garage. Other units at the rear of the property with alley access consist of 1 bedroom/1 bath, 2 bedroom/1 bath, & 3 bedroom/1 bath. Reliable tenants. The largest unit downstairs at the rear building is being delivered vacant. Current GRM: 21.10 and Cap Rate: 3.24%. Proforma GRM: 7.82 and Proforma Cap Rate: 11.28%. At the basement, there is also a Studio Unit with a Bathroom that is not included yet as one of the units. Great Upside Potential.
57 days
|
390
|
19
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Zillow last checked:
Listing updated:
Listed by:
August WenDRE #01229094626-688-7763,
Century 21 Masters
Source: CRMLS,MLS#: CV26133040Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4
Main level bathrooms: 4
Main level bedrooms: 8
Rooms
Room types: Bedroom
Bedroom
Features: All Bedrooms Down
Heating
Floor Furnace
Cooling
None
Appliances
Laundry: Common Area
Features
All Bedrooms Down
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall