Property · 2 recorded sales since 2013
Listing Agent: Cameron Samimi (DRE #02035763) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Cameron Samimi · Lyon Stahl Investment Real Estate, Inc. · MLS #SB20025261 · Source: CRMLS
Great opportunity to obtain a 1987 construction property currently operating at a 5.5% Cap Rate! All (4) units are 2-bed/1-bath, each unit having top of the market rents with (3) at $1950 and (1) at $2049. There is tons of parking in the rear with (8) parking spaces available, as well as laundry on site which is bringing in additional cash flow. Fantastic opportunity to own an '87 Construction property for well over 6% Cash on Cash Return.
Listing description from the February 2021 sale, as reported to CRMLS.