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5 Large Units with Huge Lot Built in 1979
· All 2 bedrooms
· Built in 1979
· Huge Lots 12,802 SF. Possibility to build additional ADU or units
· Rent is below market
· Parking space with car garage for each unit
Property Description
Actual rent is $113,040/yr. Great location with huge lot. Rent is below market can be increased in this month. All 2 bedrooms and 1 bathroom. Big lot may build additional ADU or units. The buyer must verify with City. Convenient location closed shopping center, school, freeway and supermarket. Built in 1979. Each unit has 1 car garage with 1 parking space. No local rent control.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $1,620,000 |
| No. of Units: | 5 |
| Average Occupancy: | 100 |
| Year Built: | 1979 |
| Building Size: | 4,400 Sq ft |
| Lot Size: | 12,802.00 Sq ft |
| No. of Stories: | 2 |
| Opportunity Zone: | No |
| Price per unit: | $324,000 |
| Parking Spaces: | 5 Car garages + 6 Parkings |
Unit mix
| Description | No. of Units | Sq ft. | Avg. Monthly Rent |
|---|
FINANCIAL DETAILS
| Income/expense info: | Actual |
|---|---|
| Gross income: | 113040 |
| Operating expenses: | 31888 |
| Net operating income: | 81152 |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Ben Lin | 626-233-3678 | [email protected] |
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