Description

PROPERTY HIGHLIGHTS

SOLD FOR $1,200,000
$200,000 Per Unit!

Unit Mix: (2) 2-Bed/1-Bath & (4) 1-Bed/1-Bath Units
Primarily Single-Story Construction with Garden-Style Layout
Separately Metered for Gas & Electricity
Tenants Enjoy On-Site Garage Parking (Potential for ADU Conversions, Buyer to Verify with City)
Tremendous Value-Add Opportunity with 50% Upside in Rental Income
Current GRM: 13.19 | Current Cap Rate: 5.19%
PRIVATE SELLER FINANCING TERMS:
- 25% Down Payment
- 7% Interest Only Payments
- Loan Due in 5 Years