Fourplex · 2 recorded sales since 2018
Listing Agent: Reza Shirangi (DRE #01293969) · Listing Office: The Oppenheim Group · Contact: Reza@ogroup.com · Bought with: Sharlot Arabshahi · Keller Williams Realty Westside · MLS #OC24219789 · Source: CRMLS
This well-maintained quadruplex features three occupied units, each generating $1,300/month, with a 4% rent increase coming in February 2025. Unit 1 is vacant, recently renovated with a kitchen, fridge, AC upgrade, and 7 parking spots in total. The other units have long-term tenants and reliable income. The property recently passed a city inspection, with all issues addressed. Each 650 sq. ft.(Approx) unit has the same spacious layout. Tenants pay for all utilities except water. All four water heaters have been replaced in the last two years. Dedicated parking for each unit. Great investment potential!
Listing description from the January 2025 sale, as reported to CRMLS.