Commercial property · 2 recorded sales since 2013
Listing Agent: Aziz Zakkout (DRE #01911009) · Listing Office: Marcus & Millichap · Contact: 858-373-3100 · Bought with: Aziz Zakkout · Marcus & Millichap · MLS #190036362 · Source: CRMLS
*Back on Market and Price Reduced. Seller is motivated* If you include garage income, this property is at or above a 5.50% cap rate off actual income. Arguably the best priced property on the market right now. This subject property is situated on a 7,005 Square foot lot and consists of two main structures which include 5 units and 4 garages for on-site parking. The unit mix is diverse with one 1,100 square foot (approximately) three bedroom 1 bathroom, one 2 bedrooms 1 bath 1,100 (approximately), two 1 bed 1 bath units and one studio. The units have various upgrades which include tile floors, upgraded stone counter tops, and various fixture upgrades. Two of the units have private back yard spaces.
Listing description from the December 2019 sale, as reported to CRMLS.