An outstanding opportunity to acquire a set of three legal units! Two of three are being delivered vacant to increase income to market rents!! Cap rate of 10%, based on pro-forma. All units have been upgraded and are move in ready. Unit 1&2 boast 2 bed, 2 baths and the third unit is 2 bed, 1 bath in a separate building in the back. Live in one and rent the others or rent them all and make a big buck! Inside, you'll discover spacious kitchens adorned with nice countertops. The generous living rooms offer ample space, the bedrooms have beautiful barn doors, the bathrooms are in great shape. Whether you're looking to diversify your investment portfolio or execute a 1031 exchange, this location is ideal for investors seeking prime real estate opportunities with a potential of 10% cap rate. Each unit has it's own meters.
Property Type(s):
Multi Family
|
Last Updated
|
1/21/2025
|
Year Built
|
1974
|
|
County
|
Riverside
|
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| GARAGE |
Other |
| HEAT |
Central |
| LOT |
6534 sq ft |
| PARKING |
Other |
| ZONING |
R3 |
Listing provided by Anna Sadowska | 323-899-1351Anna Sadowska
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Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 1/22/25 1:44 AM PST.
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