2600 &2604 Fulop St
Property Description
SIX-UNIT INVESTMENT OPPORTUNITY IN LAKE ISABELLA! Looking for a multi-family investment in Lake Isabella? This property includes two triplexes with a total of six 2-bedroom, 1-bath units, offering approximately 5,112 square feet on .58 acres. An additional vacant parcel with its own APN is included in the sale. Three units are currently rented, one is being advertised for rent, and two are being refreshed in preparation for new tenants. The roof on unit 4 & 5 was replaced approximately one year ago. Each unit has propane wall heater, evaporative cooling, and separately metered electricity and propane. Water is provided by Erskine Creek Water, with one meter for each triplex. The property is on septic. Located right in town, close to shopping, schools, and bus stops, with mountain views and Isabella Lake just a short drive away. With six units, existing rental income, and room to increase occupancy, this property is worth a look for investors interested in the Kern River Valley. Photos of one unit reprentative of all units
Broker Details
SOUTHERN SIERRA PROPERTIES (760) 376-4485
MLS ID: AW33812 State License Number: 01891918
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $530,000 |
| No. of Units: | 6 |
| Year Built: | 1959 |
| Lot Size: | 5,112.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $88,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 12 |
| Number of Bathrooms: | 6 |
ID: 3yd-RAARCA-2609021
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
3580 Adams Ave
San Diego, California
3181-1/2 Verdugo Place
Los Angeles, CaliforniaBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout